The projection for this fiscal year remains the same as it was forecasted at the end of 1st half of the fiscal year.
While factors exist such as weak domestic sales volume, tough competition of minicar segment and deteriorated product mix both domestically and internationally, the achievement of our forecast goals is possible as we can look forward to the end of fiscal year sales campaign in domestic market, the start of sales of the Tribeca in Europe and Australia, and the continued advantage of the weak yen against foreign currencies.
With regard to ordinary income, Foreign exchange loss are projected as the forward rate for the current term heads toward 111 yen against the US dollar. Current net income is to remain the same.
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