We made upward revisions to the full-year forecast for the fiscal year ending March 31, 2022, which was announced in August.
We expect 1,050 billion yen for net sales and have revised the forecast for operating income to 90 billion yen.
The estimated net sales figures for the machined components, electronic devices and components, and Mitsumi businesses were revised upward while the estimated net sales figure for the U-Shin business was revised downward since it will be significantly affected by the slowdown in automotive production due to the shortage of semiconductors. Overall, we have remained our overall sales forecast unchanged.
After revising the estimated operating income figures in light of the revised sales figure estimates, we made an upward revision to the operating income forecast.
The exchange rate is assumed to be 110 yen to the U.S. dollar.
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