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Name of the Company Daiwabo Information System Co., Ltd.
Representative Mitsuru Yokoyama, President and CEO
(Code # 9912, Tokyo and Osaka Stock Exchange, 1st Section)
Head Office 3-2-5, Hommachi, Chuo-ku, Osaka
  
Correction of the Semi-Annual and the Annual Results Forecasts
  

  
The results forecast for the March 2002 period (April 1, 2001 to March 31, 2002), announced in the financial statement dated May 16, 2001, is to be corrected as follows upon recent business performances.
  
1. Correction of the Semi-Annual Result Forecast (April 1, 2001 to September 30, 2001)
(Unit: million yen, %)

Sales Ordinary profit Current Net Profit
Previous Forecast (A)
(Announced on May 16, 2001)
144,000 1,950 1,000
Current Forecast (B) 139,000 800 480
Amount increased/decreased
(B - A)
-5,000 -1,150 -520
Rate of Change -3.5% -59.0% -52.0%
Result of the Previous Term
(April 1, 2000 to September 30, 2000)
131,232 1,946 865

2. Correction of the Consolidated Semi-Annual Result Forecast (April 1, 2001 to September 30, 2001)
(Unit: million yen, %)

Sales Ordinary profit Current Net Profit
Previous Forecast (A)
(Announced on May 16, 2001)
155,000 2,000 1,050
Current Forecast (B) 150,000 550 200
Amount increased/decreased
(B - A)
-5,000 -1,450 -850
Rate of Change -3.2% -72.5% -81.0%
Result of the Previous Term
(April 1, 2000 to September 30, 2000)
141,541 1,952 1,012

3. Correction of the Annual Result Forecast (April 1, 2001 to March 31, 2002)
(Unit: million yen, %)

Sales Ordinary profit Current Net Profit
Previous Forecast (A)
(Announced on May 16, 2001)
315,000 5,400 2,900
Current Forecast (B) 308,000 3,560 1,950
Amount increased/decreased
(B - A)
-7,000 -1,840 -950
Rate of Change -2.2% -34.1% -32.8%
Result of the Previous Term
(April 1, 2000 to March 31, 2001)
285,015 5,383 2,659

4. Correction of the Consolidated Annual Result Forecast (April 1, 2001 to March 31, 2002)
(Unit: million yen, %)

Sales Ordinary profit Current Net Profit
Previous Forecast (A)
(Announced on May 16, 2001)
345,000 6,000 3,200
Current Forecast (B) 330,000 3,600 1,900
Amount increased/decreased
(B - A)
-15,000 -2,400 -1,300
Rate of Change -4.3% -40.0% -40.6%
Result of the Previous Term
(April 1, 2000 to March 31, 2001)
310,511 5,556 2,965

Reason:
The originally forecasted profit cannot be achieved due to a slowdown in individuals' demands for personal computers and in the market for companies a sharper drop in the sales profit ratio than expected as a result of increasing sales competition although sales volume continues growing.


For questions regarding this issue, contact:
Daiwabo Information System Co., Ltd.
Osamu Koyama,
Director of Financial Affairs Section
Phone: +81-6-6281-1161
August 24, 2001
Daiwabo Information System Co., Ltd.