Revision of results forecast
08 Febbraio 2007 - 8:01AM
UK Regulatory
RNS Number:9210Q
Maruwa Co Ld
08 February 2007
8 February 2007
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 2007
MARUWA CO., LTD. ("MARUWA") announced that the operating results forecast for fiscal 2007 (1 April
2006 - 31 March 2007) announced on 16 May 2006 were revised as follows;
1. Revised consolidated operating results forecast for Fiscal 2007 (1 April 2006 - 31 March 2007)
(Million yen, %)
Net sales Net income
Previously announced forecast (A) 24,530 1,690
Revised forecast (B) 21,600 1,300
Change (B - A) -2,930 -390
Change rate (%) -11.9% -23.1%
Previous fiscal year ended 31 March 20,278 1,135
2006
2. Revised non-consolidated operating results forecast for Fiscal 2007 (1 April 2006 - 31 March
2007)
(Million yen, %)
Net sales Net income
Previously announced forecast (A) 14,500 600
Revised forecast (B) 14,300 480
Change (B - A) -200 -120
Change rate (%) -1.4% -20.0%
Previous fiscal year ended 31 March 13,883 549
2006
3. Reasons for revision
For full year operating results in this year, MARUWA expects to secure a revenue increase and a
double-digit increase in profit compared to the last year; however, we forecast that net sales will
sharply drop against the previous outlook, influenced by the shrinkage of public works in the
Lighting Equipment business harder than we expected. In addition, in the EMC Components division,
total sales may fall below the initial outlook due to delay in a certain new market launch which had
been initially scheduled. In these circumstances, we revise the operating results forecasts as
stated above.
(Reference)
Sales forecast by business segment
(Million yen, %)
Fiscal 2007 ending 31 March 2007 Fiscal 2006
Previously Revised forecast Change rate (%)
announced forecast ended 31 March 2006
Ceramic components 20,510 18,700 -8.8% 16,628
Lighting equipment 4,020 2,900 -27.9% 3,650
Net sales 24,530 21,600 -11.9% 20,278
*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.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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