As for the results forecast for March 1999 period (April 1, 1998 ~ March 31,
1999), the results forecast at the time of interim report on November
5, 1998 is to be corrected as follows.
1. Correction of results (individual) forecast
Through term (April 1, 1998 ~ March 31, 1999) |
Unit: million yen |
|
Sales |
Ordinary profit |
Profit of current term |
Previous forecast (A) |
208,000 |
800 |
-850 |
Current correction (B) |
211,000 |
1,790 |
20 |
Amount increased
(B - A) |
3,000 |
990 |
870 |
Increase percentage |
1.4% |
123.8% |
- |
(Note) In the results forecast currently corrected, the corporate tax and inhabitants
tax are included in the business tax.
Reasons for correction
In the domestic personal computer market, products for individuals
showed a buoyancy as the eagerness to buy was enhanced due to
the sale of "Windows 98" and "iMac" in the last summer; also
the prices were reasonable, multi-function and diversified thin
light-weight note-type personal computers and space-saving desk-top
computers were released. Those for corporate continued to be
sluggish as a whole, but as a result of the decision on the
infusion of official money to the banks, the reluctance to lend
tended to lessen and the mind to investment in the information
industry was improved.
Under such circumstances, we endeavored to increase the sales
and was able to realize an unexpectedly remarkable expansion
of the sales for March period at the end of the term although
there was no big business. As the prices of products did not
drop because of tight products atmosphere, the rough profit
rate was improved, and we tried to reduce the expenditures with
a sense of crisis about the operating loss in the first term
and consequently were able to greatly restore the profits in
the second term.
As mentioned above, both the current account and current income
will be better than previously anticipated.
|
(Reference)
Previous term results (April 1, 1997 ~ March 31, 1998) |
Unit: million yen |
|
Sales |
Ordinary profit |
Profit of current term |
Individual through term |
196,387 |
1,066 |
502 |
Incidentally, regarding the consolidated results forecast, we will announce
it later after finishing the arrangement. |