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September 28, 2005
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Hitachi Maxell Announces Revision to Fiscal Period
Ended
Sep. 2005 Forecast |
Hitachi Maxell has announced an upward
revision of the Company's interim (April 1, 2005 - September 30,2005) performance forecast for the year
ending
March 2006, which was released on April 27, 2005.
1. Revision to consolidated results forecast (April 1- September 30,2005)
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Net sales |
Operating income |
Ordinary income |
Net income |
| Previous forecast (A) |
95,000 |
1,000 |
1,500 |
700 |
| New forecast (B) |
98,000 |
1,500 |
2,400 |
1,000 |
| Increase/decrese (B-A) |
3,000 |
500 |
900 |
300 |
| Change (%) |
3.2 |
50.0 |
60.0 |
42.9 |
| April 1- September 30,2004 |
100,754 |
4,472 |
5,738 |
3,482 |
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2. Revision to non- consolidated results forecast (April 1- September 30,2005)
| |
Net sales |
Operating income |
Ordinary income |
Net income |
| Previous forecast (A) |
52,000 |
0 |
1,300 |
700 |
| New forecast (B) |
56,700 |
800 |
2,500 |
1,500 |
| Increase/decrese (B-A) |
4,700 |
800 |
1,200 |
800 |
| Change (%) |
9.0 |
- |
92.3 |
114.3 |
| April 1- September 30,2004 |
60,000 |
2,583 |
4,538 |
2,739 |
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3. Factors for the Revision
The reasons for the revision are a weaker yen than assumed in the initial business plan, and the fact that
the sales volume of computer tape in our information media division is expected to be higher than initially
planned. Hitachi Maxell will revise the performance forecast for the year as a whole with the release of
the interim statement on October 27.
| Note: This document contains forward-looking statements
which reflect management's current views and judgments with respect to certain future plans,
events and strategies based on currently available information and do not constitute promises,
commitments or guarantees. The forward-looking statements involve known and unknown risks and
uncertainties that can cause actual results to differ materially from those projected or implied
therein. Factor that can cause actual results to differ materially from those projected or implied
in the forward looking statements and from historical events include, but are not limited to,
future economic trends, competition in the industrial sector, market demand, rates of exchange,
and sociopolitical conditions and circumstances. |
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