October 23, 2012
Company name: Fuji Heavy Industries Ltd.
Representative: Mr. Yasuyuki Yoshinaga, President
Code number: 7270 (First Section of Tokyo Stock Exchange)
Contact for inquiries: Mr. Kazunori Yamafuji
General Manager of Administration Department
Phone: (0)3-3347-2005
Revision of Performance Projection
for the First Half of the Fiscal Year 2013 (from April 1 to September 30, 2012)
Considering the current business trend, Fuji Heavy Industries Ltd. (FHI) has announced the revision of performance projection for the first half of the fiscal year ending March 31, 2013 (from April 1, 2012 to March 31, 2013) which was released at the timing of consolidated financial results announcement on May 8, 2012.
Revision of consolidated basis performance projection for the first half of the Fiscal 2013
(from April 1 to September 30, 2012)
| Net sales | Operating income | Ordinary income | Net income | Net income per share | |
|---|---|---|---|---|---|
| Previous projection (A) | Million yen 910,000 |
Million yen 32,000 |
Million yen 30,000 |
Million yen 23,000 |
yen 29.47 |
| Revised projection (B) | 898,000 | 43,000 | 45,000 | 40,000 | 51.25 |
| Increase and decrease (B - A) | (12,000) | 11,000 | 15,000 | 17,000 | — |
| Change of percent (%) | (1.3) | 34.4 | 50.0 | 73.9 | — |
| Actual results of the first half of the fiscal 2012 (ended September 30, 2011) |
655,023 | 18,760 | 21,563 | 32,753 | 41.97 |
Reason of revision
Despite the declined automobile sales on a consolidated basis, as the sales mix, etc. was improved, FHI has revised the consolidated basis performance projection for the first half of the fiscal 2013 as described above.
The revised projection of the first half of the current fiscal year is based on assumed foreign exchange rates of ¥80/US$1.0 (¥80 at the previous announcement) and ¥103/EUR1.0 (¥102 at the previous announcement).
Furthermore, FHI will make announcement of the consolidated basis full-year performance projection on October 30, 2012 when we will release the financial results of the first half of the year after reviewing the business condition.
| Note: | Above mentioned projections are based on certain assumptions and our management’s judgment in light of currently available information, therefore actual results may differ from these projections. |
End.