2013
Nov.1, 2013
Minebea Co., Ltd.
Notice Regarding Revisions to the Full-Year Consolidated Business Forecasts for FY2014
Minebea Co., Ltd. announced today that it has revised as outlined below the full-year consolidated business forecasts announced on July 31, 2013 for the fiscal year ending March 31, 2014, in light of recent business conditions.
1. Revisions to Full-Year Consolidated Business Forecasts for Year Ending March 31, 2014 (from April 1, 2013 to March 31, 2014)
| Net sales | Operating income | Ordinary income | Net income | Net income per share |
|
|---|---|---|---|---|---|
| (Million yen) | (Million yen) | (Million yen) | (Million yen) | (Yen) | |
| Previous forecast (A) (announced on July 31, 2013) |
343,000 | 19,200 | 16,700 | 11,200 | 30.04 |
| Revised forecast (B) | 360,000 | 27,000 | 24,500 | 17,000 | 45.56 |
| Difference (B-A) | 17,000 | 7,800 | 7,800 | 5,800 | — |
| Difference (%) | 5.0 | 40.6 | 46.7 | 51.8 | — |
| (Reference) Results for the fiscal year ended March 31, 2013 | 282,409 | 10,169 | 7,673 | 1,804 | 4.83 |
2. Reasons for Revisions
Our operations made significant headway as the Japanese economy steadily soared and the U.S. economy continued to gradually pick up steam during the first half of this fiscal year. We expect the global economy to remain on the path to recovery for the rest of this fiscal year despite potential pitfalls that may lie along the way. Working against this backdrop and in light of our projection that steady orders will keep overall performance up during the second fiscal half, we have decided to revise our consolidated forecast for this fiscal year based on our best estimate of the total impact current market factors will have on our operations. The revised consolidated forecast for the fiscal year ending March 31, 2014 is as shown below.
(Note) The business forecasts contained in this press release are made based on information available as of the date of the announcement. The actual results may differ from the forecasts due to various factors.
| 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 Managing Executive Officer, Deputy Officer in Charge of Administration, Accounting, IT Division |
| Tel: | +81-(0)3-6758-6711 |
Product information, contact and other context are subject to change without prior notice.
