Consolidated Sales and Profit Forecast

Latest Update :
Nov.8, 2011

1. Forecast for the Fiscal Year ending March 31, 2012

(Millions of yen)
  FY ended
Mar. '11
FY ending Mar. '12 %Change Y/Y
Full Year
1st Half Forecast for 2nd Half Forecast for Full Year
Net sales 269,139 132,448 130,552 263,000 -2.3%
Operating income 22,163 6,052 5,948 12,000 -45.9%
Ordinary income 20,364 5,032 4,968 10,000 -50.9%
Net income 12,465 2,769 2,231 5,000 -59.9%
Net income per share (yen) 32.61 7.30 5.90 13.20 -59.5%
* Forecast for second half and full year were revised on November 2, 2011.

2. Forecast for the Consolidated Sales and Operating Income by Division

(Millions of yen)
  FY ended
Mar. '11
FY ending Mar. '12 %Change Y/Y
Full Year
1st Half Forecast for 2nd Half Forecast for Full Year
Machined components 107,841 54,603 52,097 106,700 -1.1%
Rotary components 101,139 49,980 49,320 99,300 -1.8%
Electronic devices and components 40,502 19,457 24,143 43,600 +7.6%
Other 19,657 8,407 4,993 13,400 -31.8%
Head office and adjustment - - - - -
Total sales 269,139 132,448 130,552 263,000 -2.3%
Machined components 28,088 13,378 13,022 26,400 -6.0%
Rotary components -224 -1,417 -1,683 -3,100 -
Electronic devices and components 4,160 38 862 900 -78.4%
Other 498 -156 -344 -500 -
Head office and adjustment -10,358 -5,789 -5,911 -11,700 -
Operating income 22,163 6,052 5,948 12,000 -45.9%
* Forecast for second half and full year were revised on November 2, 2011.

3. Capital Expenditure, Depreciation, Research and Development Costs

(Millions of yen)
  FY ended
Mar. '11
FY ending Mar. '12
1st Half Forecast for 2nd Half Forecast for Full Year
Capital expenditure 27,335 13,116 14,884 28,000
Depreciation and amotization 20,805 9,957 10,043 20,000
Research and development costs 7,895 3,780 4,220 8,000
* Forecast for second half and full year were revised on November 2, 2011.

4. Exchange Rates

(yen)
  FY ended
Mar. '11
FY ending Mar. '12
1st Half Assumption for 2nd Half Assumption for Full Year
US$ PL
BS
86.04
83.15
80.24
76.65
76.00
76.00
78.12
76.00
Euro
PL
BS
113.22
117.57
115.76
104.11
104.00
104.00
109.88
104.00
Thai Baht PL
BS
2.75
2.75
2.66
2.46
2.45
2.45
2.56
2.45
RMB PL
BS
12.78
12.65
12.38
11.97
12.00
12.00
12.19
12.00
* Assumption for second half and full year were revised on November 2, 2011.

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