NSG Group announces Revision of Forecast
NSG Group, (hereinafter “the Group”) announces the revision made to its previous forecast for FY 2009 (April 2008 through March 2009) published on 23rd May 2008, as below.
I. Revised forecast (consolidated)
1. Interim forecast (1st April 2008 through 30th September 2008)
|
(Unit: JPYmillion, %)
|
|
|
Net Sales
|
Operating income
|
Ordinary
income
|
Net
Income
|
Net income
per share
|
|
Previous forecast (A)
published on
23rd May 2008
|
440,000
|
15,500
|
9,000
|
14,500
|
¥21.70
|
|
Revised forecast (B)
|
440,000
|
17,500
|
11,000
|
23,000
|
¥34.42
|
|
Change(B-A)
|
0
|
2,000
|
2,000
|
8,500
|
-
|
|
Change (%)
|
0%
|
12.9%
|
22.2%
|
58.6%
|
-
|
|
Previous year result (FY2008)
|
433,944
|
27,047
|
17,301
|
51,469
|
¥77.01
|
2. Full year forecast (1st April 2008 through 31st March 2009)
|
(Unit: JPYmillion, %)
|
|
|
Net Sales
|
Operating income
|
Ordinary income
|
Net Income
|
Net income
per share
|
|
Previous forecast (A)
published on 23rd May 2008
|
880,000
|
31,000
|
18,000
|
20,000
|
¥29.93
|
|
Revised forecast (B)
|
880,000
|
31,000
|
18,000
|
27,500
|
¥41.15
|
|
Change(B-A)
|
0
|
0
|
0
|
7,500
|
-
|
|
Change (%)
|
0%
|
0%
|
0%
|
37.5%
|
-
|
|
Previous year result (FY2008)
|
865,587
|
46,462
|
30,437
|
50,416
|
¥75.44
|
II. Reason for the revision
Full-year sales, operating income and ordinary income forecasts have been maintained.
The split of operating income, ordinary income and net income between the first half and second half has been amended, having regard to the recent market situation in crude oil and other raw materials.
The improvement to net income as forecast for the full-year relates to a revision of the Group's anticipated extraordinary items and taxation charges.