News Releases

November 14, 2002

Announcement of The Revised Business Forecast

Sanken Electric co., Ltd. has made the following revisions to the performances for the first half of 2002 business year
(April 1,2002 to march 31,2002).

Revision of Business forecast for the first half( April 1,2002 to September 30,2002)

Consolidated basis:	(Unit : ¥ Million)
Net Sales     Ordinary Profit     Net Profit   Previously announced forecast (A) 72,800   2,900   500   Revised forecast (B) 72,700   3,240   1,490   Difference (B-A) -100   340   990   Percent change (%) -0.1   11.7   198.0   Reference: Figures for previous term (ended September 30, 2001) 70,956   2,259   244
Non-Consolidated basis:	(Unit : ¥ Million)
Net Sales     Ordinary Profit     Net Profit   Previously announced forecast (A) 55,800   2,100   400   Revised forecast (B) 55,800   2,470   590   Difference (B-A) -   370   190   Percent change (%) -   17.6   47.5   Reference: Figures for previous term (ended September 30, 2001) 57,452   1,609   -359

< Reasons for Revision >
The estimates of business performance for the fiscal first half were released on October 4 in view of the value of shares in hand and currency exchange rate at the end of the interim term. In response to recent profit increase in the semiconductor business and adjustment of deferred income tax for the previous year, Sanken hereby revises our forecasts. Meanwhile, the forecasts for the full year remains the same as we released them on May 23,2002.

*Disclaimer:
Information in this web site contains forward-looking statements concerning our business forecast for the first half of fiscal 2002. These statements represent the intent, belief or current expectations of Sanken with respect to business performance, results of operations and financial conditions. Due to various factors beyond our control, such as worldwide market trend, market competitiveness, currency exchange fluctuation, effects by market value accounting and so forth. Consequently, actual results for the fiscal first half may differ materially from those in the forward-looking statements.