We revised operating plan upwards for the first half of the fiscal year ending March 31, 2009 from the projection made at the beginning of the year, with operating income revised upwards 7.0 billion to 8.0 billion yen, and ordinary income revised upwards 5.5 billion to 6.0 billion yen. This is firstly because we assume a weaker yen than expected. The FHI exchange rate was originally estimated at 100 yen/US$ at the beginning of the year, but was revised to 103 yen/US$ (similarly, the Canadian dollar from 105 to 104 yen, and Euro from 155 to 161 yen). Secondly, an improvement of sales mixture in exports is anticipated.
Expecting losses on revaluation of derivatives, ordinary income was revised to 6.0 billion yen, 2.0 billion yen below operating income.
Net income in this first half is estimated at 0, unchanged from the projection made at the beginning of the year.