SYSMEX CORPORATION

Press Release 2009

Announcement Regarding Revision of Business Forecasts

DateOct 29 , 2009
Information contained in the press release is
current as of the date of the announcement,
but may be subject to change without prior notice.

  Sysmex Corporation has revised its business forecast released on May 11, 2009. This revision is based on the recent business environment.

1. Revised Consolidated Business Forecast

(April 1, 2009 to September 30, 2009)
(unit: million yen)

 

Net Sales

Operating
income

Ordinary
income

Net income

Net income
per share(Yen)

Previous forecast(A)

55,000

5,500

5,500

3,300

64.52

Revised forecast   (B)

55,700

7,100

7,000

4,300

84.05

Change in figures(B-A)

700

1,600

1,500

1,000

-

Rate of Change(%)

1.3%

29.1%

27.3%

30.3%

-

Result of previous year

56,497

6,927

6,794

3,526

68.98

 

2. Reasons for the Revision

  For the first six months of the year ending March 31, 2010, we expect that, on a consolidated basis, net sales will outperform our previous forecast, primarily due to greater-than-expected depreciation of the yen against the euro. On the profitability front, we also expect operating income, ordinary income, and net income to exceed our previous forecast, mainly driven by our efforts to curtail selling, general, and administrative expenses as well as by an improved gross profit margin ratio attributable to an increase in reagent sales as a proportion of total sales.

  We are planning to publish our consolidated earnings forecast for the year ending March 31, 2010 at the time of release of our financial results for the first six months of the year (scheduled for November 5, 2009).

Note: The forecasts above were made based on information currently available on the day of this release. Actual results may therefore differ materially from those described above due to various unforeseen factors and possible events in the future.

 

2009

Sysmex Corporation

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