2012
Feb.2, 2012
Minebea Co., Ltd.
Notice of Revised Business Forecasts
Minebea Co., Ltd. ("Minebea") today announced the following revision to its business forecasts for the fiscal year ending March 31, 2012. These revised forecasts, replace the previous forecasts announced on November 2, 2011.
1. Consolidated Forecasts for Year Ending March 31, 2012 (From April 1, 2011 to March 31, 2012)
| Net sales | Operating income | Ordinary income | Net income | Net income per share |
|
|---|---|---|---|---|---|
| (Millions of yen) | (Millions of yen) | (Millions of yen) | (Millions of yen) | (Yen) | |
| Previous forecast (A) (announced on November 2, 2011) |
263,000 | 12,000 | 10,000 | 5,000 | 13.20 |
| Revised forecast (B) | 255,000 | 9,500 | 7,000 | 5,000 | 13.19 |
| Difference (B-A) | -8,000 | -2,500 | -3,000 | - | - |
| Difference (%) | -3.0 | -20.8 | -30.0 | - | - |
| (Reference) Results for the fiscal year ended March 31, 2011 | 269,139 | 22,163 | 20,364 | 12,465 | 32.61 |
2. Reasons for revision
The third quarter saw lower earnings on lower revenues from the second quarter, mainly due to the effects of the extensive flooding in Thailand and disruptions in supply chains. The fourth quarter is expected to see these effects weakened and an improvement in earnings month after month. However, as a result of having reassessed our business performance on a full-year basis, operating income and ordinary income are both expected to decrease, and the Company revises its consolidated performance forecast for the full year. There is no revision to the forecast of net income.
(Note) The above business performance has been predicted by referring to information available at the time of the release of this document. The actual results may differ from the predicted figures due to a variety of factors that may be observed in the days ahead.
| Company Name: | Minebea Co., Ltd. |
|---|---|
| Representative: | Yoshihisa Kainuma Representative Director, President and Chief Executive Officer (Code No. 6479, TSE Div. No.1) |
| Contact: | Hiromi Yoda Executive Officer In charge of Accounting dept., Finance & Administration Division |
| Tel: | +81-(0)3-5434-8611 |
Product information, contact and other context are subject to change without prior notice.
