Projected operating income of 40.0 billion yen has not changed from the interim term.
A 4.0 billion loss on currency exchange is expected. Taking into account exchange rates for FHI sales in the 3rd quarter and the current financial and economic situation, the revised exchange rate from US$=115 yen to US$=111 yen is anticipated to result in a loss of 4.7 billion yen on currency exchange, while revisions to the Euro from 155 yen to 160 yen and from $CA=110 yen to $CA=111 yen are projected to result in gains of 0.6 billion yen and 0.1 billion yen respectively.
The total exchange rate loss will be offset by a 1.5 billion yen gain through improvement in sales volume and mixture resulting from FHI exports, including the new-model Forester, a 1.5 billion yen gain from the decreased fixed cost, and a 1.0 billion save from more efficient R&D spending.
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