Revised forecast for fiscal 2

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 income

Net income

Net income 
per share

Previously announced forecast (A)

19,450

1,490

946

88.05

Revised forecast (B)

17,200

622

479

44.68

Change (B - A)

(2,250)

(868)

(467)

Change (%)

-11.6%

-58.3%

-49.4%

Previous fiscal year ended 31 March 2008

20,635

1,576

1,100

101.80

Change from previous fiscal year (%)

-16.6%

-60.5%

-56.5%


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 announced forecast

Revised forecast

Change rate (%)

Ceramic components

17,500

15,920

-9.0%

18,479

Lighting equipment

1,950

1,280

-34.4%

2,156

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



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