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We would like to announce that the following amendments have been made to the financial projections for the fiscal year ending March 31, 2009 (April 1, 2008 to March 31, 2009) which were announced on October 28, 2008.
| 1. |
Amendments of consolidated financial projections for fiscal year ending March 31, 2009 |
| |
(April 1, 2008 to March 31, 2009) |
(Unit  one million yen) |
| |
| |
Net
Sales |
Operating Profits |
Ordinary Profits |
Net
Income |
Net
Income Per Share |
Prior Projection (A)
(Announced on October 28, 2008) |
49,200 |
 2,210 |
1,070 |
3,800 |
106.70yen
|
Current Projection (B) |
45,434 |
1,864 |
1,171 |
3,864 |
108.50 yen |
Amount of Increase / Decrease
(B - A) |
3,765 |
345 |
101 |
64 |
－ |
Ratio of Increase / Decrease |
7.7 % |
- |
- |
- |
|
Previous Fiscal Year Results
(Ending March 31, 2008) |
62,633 |
4,190 |
4,887 |
2,126 |
59.70 yen |
|
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| 2. |
| Amendments of non-consolidated financial projections for fiscal year ending March 31, 2009 (April 1, 2008 to March 31, 2009) |
|
(Unit one million yen) |
| |
| |
Net
Sales |
Operating Profits |
Ordinary Profits |
Net
Income |
Net
Income
Per Share |
Prior Projection (A)
(Announced on October 28, 2008) |
30,880 |
1,310 |
590 |
2,280 |
64.02yen
|
Current Projection (B) |
27,700 |
2,884 |
2,572 |
4,809 |
135.05 yen |
Amount of Increase / Decrease
(B - A) |
3,109 |
1,574 |
1,982 |
2,529 |
－ |
Ratio of Increase / Decrease |
10.1 % |
- |
- |
- |
|
Previous Fiscal Year Results
(Ending March 31, 2008)
|
37,632 |
983 |
1,429 |
1,009 |
28.34 yen |
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| 3. |
Reason for the Amendments |
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Consolidated net sales for the fiscal year ending March 31, 2009 were lower than our initial projection owing not only to the continued weak demand for prints at minilab shops, but also compounded by the rapidly spreading financial crisis, which was triggered by the subprime mortgage problem, and which has adversely affected our sales, as the level of equipment purchase confidence in this market has dropped lower than previously expected.
Due to the decline in net sales, our forecast includes a larger deficit than we initially projected for operating profits, ordinary profits, and net income.
Note to the projections:
The projected amounts in this document are on the basis of projections based on information available at the time. The actual amounts may be different from the projected amounts in this document.
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