2010
Feb.2, 2010
Minebea Co., Ltd.
Notice regarding Revision of Full-Year Earnings Forecasts
Based on its recent earnings, Minebea Co., Ltd. ("Minebea") hereby revises its full-year earnings forecasts for the fiscal year ending March 31, 2010 (April 1, 2009 - March 31, 2010) which were announced on May 8, 2009 as set forth below.
(Millions of yen)
(1) Revision of Consolidated Earnings Forecasts for the Fiscal Year Ending March 31, 2010 (April 1, 2009 - March 31, 2010)| Net sales | Operating income | Ordinary income | Net income | Net income per share |
|
|---|---|---|---|---|---|
| (Millions of yen) | (Millions of yen) | (Millions of yen) | (Millions of yen) | (Yen) | |
| Previous forecast (A) (Announced on May 8, 2009) |
200,000 ~230,000 |
10,000 ~14,000 |
7,600 ~11,300 |
3,500 ~6,500 |
9.00 ~16.71 |
| Revised forecast (B) | 225,000 | 11,000 | 9,000 | 5,500 | 14.17 |
| Change (B-A) | - | - | - | - | - |
| Change (%) | - | - | - | - | - |
| (Reference) Results for the fiscal year ended March 31, 2009 | 256,163 | 13,406 | 11,555 | 2,441 | 6.18 |
(2) Reason for the Revision
Compared with the second half of the previous year, the third quarter saw progress in earnings improvements, primarily due to an increase in production and sales, as well as a decrease in manufacturing costs. As for the fourth quarter, although uncertainties will remain, Minebea expects earnings to be almost as planned, due to no adverse effects on production costs from the substantial decrease in production at the end of the previous year. Minebea thus revises its full-year earnings forecasts, announced in range format on May 8, 2009 as set forth above. There is no revision to the announced non-consolidated earnings forecasts for the full year of Minebea.
(Note) The above forecast is based on information available as of the date of this announcement. Actual results may differ from the forecast due to various factors in the future.
| Company Name: | Minebea Co., Ltd. |
|---|---|
| Representative: | Yoshihisa Kainuma Representative Director, President and Chief Executive Officer (Code No. 6479 TSE Div. No. 1) |
| Contact Person: | Sakae Yashiro Senior Managing Executive Officer Officer in charge of Finance & Administration Division (TEL: 81-3-5434-8611) |
Product information, contact and other context are subject to change without prior notice.
