Based on the recent business climate and other factors, amendments have been made as follows to the Consolidated Full-Year Business Outlook and Non-Consolidated Full-Year Business Outlook for the FY2006 (ended March 31, 2007), which were released during the announcement of the third quarter results of FY2006 on February 6, 2007.
1. Amendments to the Consolidated Full-Year Business Outlook for FY2006 (from April 1, 2006 –March 31, 2007):
| Net sales | Ordinary income | Net income | |
|---|---|---|---|
| Previously announced forecast (A) (announced on February 6, 2007) |
3,040,000 | 61,000 | 17,000 |
| Currently amended forecast (B) | 3,030,000 | 73,000 | 25,000 |
| Variance (B-A) |  10,000 |
12,000 | 8,000 |
| Rate of variance | 0.3% |
19.7% | 47.1% |
| Actual results of the previous year (ended March 31, 2006) |
2,670,628 | 119,557 | 61,795 |
2.Amendments to the Non-Consolidated Full-Year Business Outlook for FY2006 (from April 1, 2006 – March 31, 2007):
| Net sales | Ordinary income | Net income | |
|---|---|---|---|
| Previously announced forecast (A) (announced on February 6, 2007) |
2,840,000 | 3,000 |
7,000 |
| Currently amended forecast (B) | 2,830,000 | 7,500 | 1,500 |
| Variance (B-A) | 10,000 |
10,500 | 8,500 |
| Rate of variance | 0.4% |
- | - |
| Actual results of the previous year (ended March 31, 2006) |
2,495,351 | 75,558 | 46,497 |
3. Reasons for the amendments:
The above amendments to the business outlook for the full year of FY2006 mainly reflect expected positive factors including a decrease in cost of sales due to the effect from inventory valuation under the weighted average method, as affected by a rise in crude oil prices in comparison with the previous assumptions (announced on February 6, 2007).
Note: The above outlook is based on data and information available as of the date of publication. However, actual results may differ materially from the forecasts due to effects from various factors.
