Announcement Regarding Revision of Business Forecast of a Subsidiary, CNA Co., Ltd.
April 26, 2006
Information contained in the press release is
current as of the date of the announcement,
but may be subject to change without prior notice.
CNA Co., Ltd., a subsidiary of Sysmex Corporation has revised its business forecast of the full year ending in March 2006 as shown on the attachment document.
Announcement Regarding Revision of Business Forecast
CNA Co., Ltd.
1.
Revised Business Forecast for the FY2005 ending March 31, 2006
(April 1, 2005 to March 31, 2006)
(1) Full Year (April 1, 2005 to March 31, 2006)
(unit: million yen)
Sales
Ordinary Income
Net Income
Previous forecast (A)
(Announced February 3, 2006)
1,500
48
33
Revised forecast (B)
1,545
58
43
Change in figures (B) - (A)
45
10
10
Rate of Change
3.0%
20.8%
30.3%
The period ended March 31, 2005
337
1
2
Note: The period ended March 31, 2005 is a three-month accounting period due to a transitional period to change fiscal term.
2. Reason for the Revision
We expect net sales to exceed our earlier forecast since we are now capable of performing a greater number of installations than we had initially projected and completing the installations in a shorter period than originally estimated, thanks to the ongoing effort beginning in April 2005 to increase the number of engineers and promote project management.
The increase in net income is primarily attributed to sales growth.
Note:
Statements made in this document include forward-looking statements about the future performance of CNA Co., Ltd. based on management’s assumptions and beliefs in light of information currently available, and involve both known and unknown risks and uncertainties. Actual events and results may differ materially from those anticipated in these statements.
