Revised forecast for fiscal 2009
05 Febrero 2009 - 2:20AM
UK Regulatory
TIDMMAW
RNS Number : 8378M
Maruwa Co Ld
05 February 2009
5 February 2009
MARUWA CO., LTD.
3-83 Minamihonjigahara-cho, Owariasahi-city, Aichi-pref. 488-0044 JAPAN
(Translation)
Notice regarding the revision of operating results forecast for fiscal 2009
MARUWA CO., LTD. ("MARUWA") announced that the operating results forecast for
fiscal 2009 (1 April 2008 - 31 March 2009) announced on 7 November 2008 were
revised as follows;
1. Revised consolidated operating results forecast for Fiscal 2009 (1 April 2008
- 31 March 2009)
(Millions of yen)
+------------------+-------------+----------------+----------------+----------------+
| | Net sales | Operating | Net income | Net income |
| | | income | | per share |
+------------------+-------------+----------------+----------------+----------------+
| Previously | 19,450 | 1,490 | 946 | 88.05 |
| announced | | | | |
| forecast (A) | | | | |
+------------------+-------------+----------------+----------------+----------------+
| Revised forecast | 17,200 | 622 | 479 | 44.68 |
| (B) | | | | |
+------------------+-------------+----------------+----------------+----------------+
| Change (B - A) | (2,250) | (868) | (467) | - |
+------------------+-------------+----------------+----------------+----------------+
| Change (%) | -11.6% | -58.3% | -49.4% | - |
+------------------+-------------+----------------+----------------+----------------+
| Previous fiscal | 20,635 | 1,576 | 1,100 | 101.80 |
| year ended 31 | | | | |
| March 2008 | | | | |
+------------------+-------------+----------------+----------------+----------------+
| Change from | -16.6% | -60.5% | -56.5% | - |
| previous fiscal | | | | |
| year (%) | | | | |
+------------------+-------------+----------------+----------------+----------------+
2. Reasons for revision
We revise our business forecast from the forecast previously announced on 7
November 2008, based on the operating results for this third quarter and outlook
for an increasingly severe business environment.
[Reference]
Sales forecast by business segment
(Millions of yen)
+------------------+---------------+----------------+----------------+--------------+
| | Fiscal 2009 ending 31 March 2009 | Fiscal 2008 |
| | | ended 31 |
| | | March 2008 |
| | | Results |
+------------------+-------------------------------------------------+ +
| | Previously | | Revised | Change rate |
| | announced | | forecast | (%) |
| | forecast | | | |
+------------------+---------------+--------------+----------------+----------------+
| Ceramic | 17,500 | 15,920 | -9.0% | 18,479 |
| components | | | | |
+------------------+---------------+----------------+----------------+--------------+
| Lighting | 1,950 | 1,280 | -34.4% | 2,156 |
| equipment | | | | |
+------------------+---------------+----------------+----------------+--------------+
| Net sales | 19,450 | 17,200 | -11.6% | 20,635 |
+------------------+---------------+----------------+----------------+--------------+
*The forecasts stated above are based on currently available information as of
the date of announcement. Actual results may differ from these forecasts due to
various factors.
END
This information is provided by RNS
The company news service from the London Stock Exchange
END
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