February 6, 2013
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 Fiscal Year 2013 (from April 1, 2012 to March 31, 2013)
Considering the current business results, Fuji Heavy Industries Ltd. (FHI) has announced the revision of performance projection for 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 October 30, 2012.
Revision of consolidated basis performance projection for the
Fiscal 2013 (from April 1, 2012 to March 31, 2013)
| Net sales | Operating Income | Ordinary Income |
Net Income | Net Income Per Share |
|
|---|---|---|---|---|---|
| Previous projection (A) | Millions of yen 1,840,000 |
Millions of yen 82,000 |
Millions of yen 81,000 |
Millions of yen 67,000 |
Yen 85.85 |
| Revised projection (B) | 1,890,000 | 107,000 | 99,000 | 76,000 | 97.38 |
| Increase and decrease (B-A) | 50,000 | 25,000 | 18,000 | 9,000 | — |
| Change of percentage (%) | 2.7 | 30.5 | 22.2 | 13.4 | — |
| Actual results of the fiscal 2012 (ended March 31, 2012) | 1,517,105 | 43,959 | 37,277 | 38,453 | 49.27 |
Reason of revision
Consolidated results projections for the full fiscal year ending March 2013, released on October 30, 2012, have been revised up as stated above, taking into account high value of the yen which is being corrected and increase in automobile unit sales, among other factors.
The projections of full-year consolidated results for the fiscal year ending March 2013 are based on assumed foreign exchange rates of ¥82/US$ (previously ¥79/US$) and ¥105/EUR (previously ¥102/EUR). Exchange rate assumptions for the fourth quarter of the current fiscal year are ¥87/US$ and ¥114/EUR.
| 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.