Aug 8, 2008

Announcement on Financial Forecast Revision


The financial forecast announced on May 13, 2008 has been revised based on recent business trend as follows.





Consolidated financial forecast revision for the first six months of the fiscal year ending March 31, 2009 (April 1, 2008 - September 30, 2008)

(Millions of yen)


 Net sales
(Millions of yen)
Operating income
(Millions of yen)
Ordinary income
(Millions of yen)
Net income
(Millions of yen)
Net income
per share
(yen)

Previous forecast (A)
300,00026,00028,00017,00095.01
Revised forecast (B)301,50022,50025,00015,00083.83
Change (B-A)1,500△3,500△3,000△2,000-  
Change ratio (%)0.5△13.5△10.7△11.8-  
Results for the six months ended
September 30, 2007
476,37795,00595,79562,463349.19



Consolidated financial forecast revision for the fiscal year ending March 31, 2009 (April 1, 2008 - March 31, 2009)



 Net sales
(Millions of yen)
Operating income
(Millions of yen)
Ordinary income
(Millions of yen)
Net income
(Millions of yen)
Net income
per share
(yen)

Previous forecast (A)
700,00084,00088,00055,000307.38
Revised forecast (B)630,00051,00055,00033,000184.43
Change (B-A)△70,000△33,000△33,000△22,000-  
Change ratio (%)△10.0△39.3△37.5△40.0-  
Results for the year ended
March 31, 2008
906,091168,498172,713106,271594.01





Reason for revision


Since the DRAM and flash memory chip market conditions remain sluggish, there is the prospect that capital investments by semiconductor manufacturers will recover later than initially forecast. Given these circumstances, sales of semiconductor production equipmentthe Companys key segmentare expected to be lower than initially projected. For this reason, we have revised our forecast of consolidated financial results for the first six months of the current fiscal year and for the full year.

Note: The content of the financial forecast as described in this financial statement is based on certain reasonable assumptions, drawing on the information currently available such as the economic situation in Japan and throughout the world and other variable factors that have impact on the financial results of the Company.

These assumptions may be influenced by market conditions, competitive conditions, the introduction of new products and their success or failure, the global condition of the semiconductor industry and other uncertainties. Therefore, actual sales and profit may differ significantly from the forecasts.