|
Please be informed that, based primarily on the recent performance of the business, Sysmex Corporation has revised its business forecasts for the year ending March 31, 2009, as described below, which were originally announced in the Consolidated Financial Results for the Year Ended March 31, 2008, dated May 8, 2008.
1.Revised Consolidated Business Forecast for Q2 FY2008
| (April 1, 2008 to September 30, 2008) |
(unit: million yen, %) |
|
|
|
Net Sales |
Operating
income |
Ordinary
income |
Net income |
Net income
per share(Yen) |
|
Previous forecast (A) |
56,000 |
7,000 |
7,000 |
4,200 |
82.18 |
|
Revised forecast (B) |
56,500 |
6,900 |
6,800 |
3,500 |
68.46 |
|
Change in figures (B) - (A) |
500 |
△100 |
△200 |
△700 |
－ |
|
Rate of Change |
0.9% |
△1.4% |
△2.9% |
△16.7% |
－ |
|
The same period last year |
52,969 |
6,459 |
6,920 |
4,755 |
93.28 | |
2. Revised Consolidated Business Forecast for FY2008
| (April 1, 2008 to March 31, 2009) |
(unit: million yen, %) |
|
|
|
Net Sales |
Operating
income |
Ordinary
income |
Net income |
Net income
per share(Yen) |
|
Previous forecast (A) |
118,000 |
16,000 |
15,800 |
9,600 |
187.84 |
|
Revised forecast (B) |
114,000 |
14,000 |
12,800 |
7,200 |
140.83 |
|
Change in figures (B) - (A) |
△4,000 |
△2,000 |
△3,000 |
△2,400 |
－ |
|
Rate of Change |
△3.4% |
△12.5% |
△19.0% |
△25.0% |
－ |
|
The same period last year |
110,724 |
15,033 |
14,545 |
9,131 |
178.94 | |
3. Reasons for the Revisions
(1) For the first six months of the year ended September 30, 2008
We expect that, on a consolidated basis, net sales will outperform our earlier forecast, primarily driven by the expansion of our overseas operations. Both operating income and ordinary income, on the other hand, are expected to fall slightly short of our earlier forecast, owing to an increase in selling, general, and administrative expenses. As we recorded an extraordinary loss from the valuation loss on investment securities following the recent stock markets plunge, net income for the 2nd quarter is expected to fall short of our earlier forecast. Accordingly, we have revised our earlier earnings forecasts for the first six months of the year ended September 30, 2008.
(2)For the fiscal year ending March 31, 2009
We expect that net sales will undershoot our earlier forecast owing to the sharp rise of the yen in the forex markets, although net sales continue to expand on a local-currency basis. We therefore expect operating income, ordinary income and net income to fall below our earlier forecast. Accordingly, we have revised our earlier consolidated earnings forecasts for the fiscal year ending March 31, 2009.
We also changed the assumed exchange rates from 100 yen to 95 yen against the US dollar and from 157 yen to 120 yen against the Euro,respectively, for the second half year.
4. Interim and a year-end dividend
As we announced previously, both its interim and a year-end dividend forecast remain unchanged; its interim dividend is 24 yen per share and a year-end dividend is 24 yen per share.
Note: The revised forecasts above were made based on information currently available on the day of this release. Actual results may therefore differ from those described above due to various unforeseen factors in the future. |
