Oct 31, 2008

Announcement on Financial Forecast Revision

The financial forecast announced on August 8, 2008 has been revised based on recent business trend as follows.

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
Previous forecast(A) 630,000 51,000 55,000 33,000 184.43
Revised forecast(B) 540,000 12,000 16,500 8,000 44.71
Change(B-A) △90,000 △39,000 △38,500 △25,000 -
Change ratio(%) △14.3 △76.5 △70.0 △75.8 -
Results for the year ended March 31, 2008 906,091 168,498 172,713 106,271 594.01

Reason for revision

Accompanying the deterioration of supply-demand balance for DRAM and flash memory, the restraints on capital investment by semiconductor manufacturers has exceeded expectations. Given these circumstances, we have revised downward the forecast of consolidated financial results for the fiscal year announced on August 8, 2008, as follows, due to the fact that sales in the main semiconductor production equipment segment are expected to be lower than the previous projection.

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.