RNS Number : 6496B
Takefuji Corporation
30 October 2009
Announcement of Revisions to Operating Results Forecasts
Based on the recent trend of business results, Takefuji Corporation announces revisions to its operating results forecasts for the first six months ended September 2009 (from April 1, 2009 to September 30, 2009), which were published on May 14, 2009 as below.
Details
1. Revisions to operating results forecasts for the first six months ended September 2009 (from April 1, 2009 to September 30, 2009)
|
(Consolidated)
|
|
|
|
|
Operating
Revenues
(million yen)
|
Operating
Income
(million yen)
|
Ordinary Income
(million yen)
|
Net Income
(million yen)
|
Net Income
per share
(yen)
|
|
Previous forecast (A)
(announced on
May 14, 2009)
|
63,500
|
8,200
|
8,500
|
8,200
|
60.78
|
|
Current forecast (B)
|
66,200
|
18,400
|
17,600
|
17,000
|
126.00
|
|
Change (B-A)
|
2,700
|
10,200
|
9,100
|
8,800
|
|
|
Rate of change (%)
|
4.3
|
124.4
|
107.1
|
107.3
|
|
|
(Reference) The previous fiscal year's first six months ended
September 2008
|
102,764
|
8,872
|
6,368
|
4,982
|
36.30
|
|
(Non-consolidated)
|
|
|
|
|
Operating
Revenues
(million yen)
|
Operating
Income
(million yen)
|
Ordinary
Income
(million yen)
|
Net Income
(million yen)
|
Net Income
per share
(yen)
|
|
Previous forecast (A)
(announced on
May 14, 2009)
|
62,800
|
7,800
|
8,100
|
8,000
|
59.29
|
|
Current forecast (B)
|
65,800
|
17,900
|
17,200
|
16,700
|
123.78
|
|
Change (B-A)
|
3,000
|
10,100
|
9,100
|
8,700
|
|
|
Rate of change (%)
|
4.8
|
129.5
|
112.3
|
108.8
|
|
|
(Reference) The previous fiscal year's first six months ended
September 2008
|
102,324
|
8,393
|
5,746
|
4,456
|
32.47
|
2. Main reasons of operating results forecasts revisions
(1) Revisions to operating results forecasts for the first six months ended September 2009
(Revisions to non-consolidated operating results forecasts)
Total sum of operating revenues for the first six months ended September 2009 exceeded previous forecasts. This is because interest income on direct cash loans exceeded original forecasts since average yield did not decrease as much as expected. A larger decrease in average yield had been expected in a conservative manner due to uncertainty in economic environment particularly in the first six months.
Total sum of operating expenses fell under previous forecasts. Similar to the assumptions of average yield, this is because write-off was lower than original assumptions and because we promoted cost cut of operating expenses other than expenses related to write-off.
As a result of above, we forecast operating income, ordinary income and net income to exceed previous forecasts.
(Revisions to consolidated operating results forecasts)
Consolidated operating results forecasts are revised due to the same reasons as non-consolidated operating results forecasts.
(2) Full year operating results forecasts
Currently, there is no revision to consolidated or non-consolidated full year operating results forecasts announced on May 14, 2009.
3. Dividends forecasts
Currently, there is no revision to second quarter or fourth quarter dividends forecasts announced on May 14, 2009.
Final business results may differ materially from the forecasts above as a result of future events. These forecasts have been produced based on the information available as of the date of this announcement.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCMMBFTMMTJMFL