Notification of Revision of Business Forecast (Fiscal Year 2008)
DISCO Corporation decided to revise the Company's business forecasts for the fiscal year ending March 31, 2009, which were announced on May 12, 2008, based on recent business performance.
| 1. |
Revision of consolidated business forecasts |
|
Forecasts for interim period of fiscal year ending March 31, 2009
(April 1, 2008 - September 30, 2008) |
(Millions of yen) |
|
| |
Net sales |
Operating income |
Ordinary income |
Net income |
Net income per share(yen) |
| Previous forecast(A) |
45,300 |
8,300 |
8,400 |
4,700 |
138.50 |
| Revised forecast(B) |
37,500 |
4,500 |
4,600 |
2,300 |
67.77 |
| (B) - (A) |
- 7,800 |
- 3,800 |
- 3,800 |
- 2,400 |
- |
| % change |
- 17.2 |
- 45.8 |
- 45.2 |
- 51.1 |
- |
(Reference)
Previous interim results |
46,140 |
11,026 |
11,031 |
6,201 |
182.51 |
|
|
|
Forecasts for full fiscal year ending March 31, 2009
(April 1, 2008 - March 31, 2009) |
(Millions of yen) |
|
| |
Net sales |
Operating income |
Ordinary income |
Net income |
Net income per share(yen) |
| Previous forecast(C) |
89,000 |
16,300 |
17,000 |
10,000 |
294.67 |
| Revised forecast(D) |
78,500 |
10,500 |
11,200 |
6,300 |
185.64 |
| (D) - (C) |
- 10,500 |
- 5,800 |
- 5,800 |
- 3,700 |
- |
| % change |
- 11.8 |
- 35.6 |
- 34.1 |
- 37.0 |
- |
(Reference)
Previous full fiscal year results |
91,618 |
19,333 |
18,564 |
11,112 |
327.07 |
|
| * Fiscal Year 2008 indicates period from April 1, 2008 to March 31, 2009. |
|
| 2. |
Revision of non-consolidated business forecasts |
|
Forecasts for interim period of fiscal year ending March 31, 2009
(April 1, 2008 - September 30, 2008) |
(Millions of yen) |
|
| |
Net sales |
Operating income |
Ordinary income |
Net income |
Net income per share(yen) |
| Previous forecast(A) |
36,000 |
5,800 |
6,800 |
3,800 |
111.97 |
| Revised forecast(B) |
29,000 |
2,800 |
3,900 |
2,000 |
58.93 |
| (B) - (A) |
- 7,000 |
- 3,000 |
- 2,900 |
- 1,800 |
- |
| % change |
- 19.4 |
- 51.7 |
- 42.6 |
- 47.4 |
- |
(Reference)
Previous interim results |
36,606 |
8,565 |
9,138 |
4,904 |
144.34 |
|
|
|
Forecasts for full fiscal year ending March 31, 2009
(April 1, 2008 – March 31, 2009) |
(Millions of yen) |
|
| |
Net sales |
Operating income |
Ordinary income |
Net income |
Net income per share(yen) |
| Previous forecast(C) |
70,000 |
11,400 |
13,700 |
8,000 |
235.74 |
| Revised forecast(D) |
60,000 |
6,500 |
8,800 |
5,000 |
147.34 |
| (D) - (C) |
- 10,000 |
- 4,900 |
- 4,900 |
- 3,000 |
- |
| % change |
- 14.3 |
- 43.0 |
- 35.8 |
- 37.5 |
- |
(Reference)
Previous full fiscal year results |
73,485 |
15,061 |
16,289 |
9,976 |
293.65 |
|
|
| 3. |
Reason for the revision of the earnings forecast |
| |
Due to the global economic slowdown instigated by the US subprime mortgage crisis, several countries have likely entered a recessionary period. Moreover, the future macroeconomic situation is difficult to forecast. The impact has been felt by the entire Semiconductor Industry with memory manufacturers particularly hard hit. However, they are not the only ones slowing down or postponing capital investment as assembly subcontractors and OEM system integrators have followed suit. Demand for end use products, expected to be driven by the Beijing Olympics, did not materialize. The Asian semiconductor factories that support those end products are restricting capital investment which has resulted in an increasingly difficult and unpredictable business environment for DISCO.
Taking such factors into consideration, we have made the above revision to the previous forecasts for fiscal year 2008 announced on May 12th 2008. However, we will continue to invest in strategic R&D for future growth, while continuously reducing unnecessary expenses.
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Contact: Keizo Sekiya
Phone: 81-3-4590-1099 |
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