|To all the members
|Name of the Company
||Daiwabo Information System Co.,
||Hirokazu Matsumoto, President
|(Code No. 9912, First Section of
Tokyo Stock Exchange/Osaka Securities Exchange)
||3-2-5, Hommachi, Chuo-ku, Osaka
|| Osamu Koyama,
Director in charge of Personnel Dept. & Finance Dept.General Manager of Corporate Planning Dept.
|Revision of consolidated business forecasts
|It was decided on May 17, 2005 that, following the planned listing on JASDAQ of ZOA CORPORATION, which is our consolidated subsidiary, ZOA's shares owned by our company would be sold. We announce that the issue price has been decided.
With the sale of the shares, ZOA CORPORATION. will change its status from our consolidated subsidiary to our affiliate subject to the equity method. Accordingly, we revise our consolidated business forecasts for the fiscal year that will end in March 2006 (April 1, 2005 to March 31, 2006), which we made public when we announced the financial statements on May 12, 2005.
|Revision of the consolidated midterm business forecast figures for the fiscal period ending March 2006 (April 1, 2005 to September 30, 2005) and the consolidated business forecast figures for the fiscal year ending March 2006 (April 1, 2005 to March 31, 2006)
(Units: millions of yen, %)
||Middle gross profit
||Current net income
|Projection Announced on May 12, 2005 (A)
|Revised Projection (B)
|Increased Amount (B-A)
|Rate of Increase
|Fiscal Year Ending on March 31, 2005
|Reason for Revised Performance Projection
|Because ZOA CORPORATION will change its status from our consolidated subsidiary to our affiliate subject to the equity method, we revise our business forecasts.
The issue price was decided at 210,000 yen per share (the undertaking price is 195,300 yen). With the decision, we are expected to make about 90 million yen as profits from the sales of the shares and about 120 million as gain on change holding ratio of subsidiary.
||The above-mentioned forecasts are based on various conditions as of the date when this information was announced. Therefore, actual business results may differ from the assessment figures.
Director of Finance Dept