Tomen Announced Revision of its Forecast for Fiscal 2001 Ended March 31, 2002
2002-05-01
Tomen today announced revision of its business results forecast for the fiscal year ended March 31, 2002 (April 1, 2001 to March 31, 2002), which was made public on November 15, 2001, and is amended as follows: 1.The revision of consolidated business results forecast for the fiscal year ended March 31, 2002 | (April 1, 2001 to March 31, 2002) | Millions of Yen | | | Total Trading Transaction | Ordinary Profit | Net Income | Previous forecast (A)
(Announced on November 15, 2001) | 2,500,000 | 25,000 | 11,000 | | Revised forecast (B) | 2,350,000 | 23,000 | 4,500 | | Increase or decrease (B-A) | -150,000 | -2,000 | -6,500 | | Rate of Change (B-A)/A (%) | -6.0% | -8.0% | -59.1% | Results for the previous fiscal year
ended March 31, 2001 | 2,516,523 | 24,963 | 10,096 |
|
2.The revision of non-consolidated business results forecast for the fiscal year ended March 31, 2002 | (April 1, 2001 to March 31, 2002) | Millions of Yen | | | Total Trading Transaction | Ordinary Profit | Net Income | Previous forecast (A)
(Announced on November 15, 2001) | 1,900,000 | 10,000 | 4,800 | | Revised forecast (B) | 1,810,000 | 9,500 | 4,400 | | Increase or decrease (B-A) | -90,000 | -500 | -400 | | Rate of Change (B-A)/A (%) | -4.7% | -5.0% | -8.3% | Results for the previous fiscal year
ended March 31, 2001 | 2,016,877 | 12,509 | 13,409 |
|
3. Reason
The revision of the previous forecast is estimated with the following factors: | (1) | Revised forecast for consolidated business results | | * | Due to the effect of domestic and overseas economic conditions, the company estimates 2,350 billion yen of total trading transaction and 23 billion yen of ordinary profit, which are slightly below the previous estimates (2,500 billion yen and 25 billion yen accordingly) of November 15, 2001. | | * | Due to an increase in loss from valuation of holding securities with the sluggish stock market, the company estimates 4.5 billion yen of net income, which is decreased by 6.5 billion yen compared with the previous estimate (11 billon yen) of November 15, 2001. | | (2) | Revised forecast for non-consolidated business results | | * | The company estimates 1,810 billion yen of total trading transaction, 9.5 billion yen of ordinary profit and 4.4 billion yen of net income, which are slightly below the previous estimates (1,900 billion yen, 10 billion yen and 4.8 billion yen accordingly) of November 15, 2001 |
 Back to Index Page
|
Japanese
