Revision of earnings forecast for the first-half of fiscal year 2000
Oct. 20, 2000
Nissho Iwai Corporation
President & CEO: Shiro Yasutake
Securities code: 8063
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To Whom It May Concern
Earnings for the mid-term period ending September 30, 2000 are expected to be revised from the
previous forecast as of May 18, 2000. as follows;
[1] Revision of mid-term earnings forecast (non-consolidated) for fiscal 2000
Mid-term (April 1, 2000 to September 30, 2000) (unit : million yen)
Sales | Recurring Income | Net Income | |
Previous forecast ( 18th May, 2000 ) | 2,400,000 | 4,500 | 2,000 |
Revised forecast | 2,300,000 | 8,700 | 2,260 |
Increase/Decrease | - 100,000 | 4,200 | 260 |
Ratio (%) | - 4.1 | 93.3 | 13.0 |
Mid-term earnings of fiscal year 1999 (Sept. 1999 ) | 3,118,310 | 11,049 | - 3,511 |
[2] Revision of mid-term earnings forecast (consolidated) for fiscal 2000
Mid-term (April 1, 2000 to September 30, 2000) (unit : million yen)
[Note] The earnings forecast (both non-consolidated and consolidated) for fiscal 2000(April 1, 2000
to March 31, 2001) is expected not to change from the earlier forecast of May 18, 2000 as follows;
Mid-term (April 1, 2000 to September 30, 2000) (unit : million yen)
Sales | Recurring Income | Net Income | |
Previous forecast ( 18th May, 2000 ) | 3,500,000 | 11,000 | 4,500 |
Revised forecast | 3,230,000 | 14,500 | 5,500 |
Increase/Decrease | - 270,000 | 3,500 | 1,000 |
Ratio (%) | - 7.7 | 31.8 | 22.2 |
Mid-term earnings of fiscal year 1999 (Sept. 1999 ) | 3,751,192 | 16,166 | -2,301 |
[Note] The earnings forecast (both non-consolidated and consolidated) for fiscal 2000(April 1, 2000
to March 31, 2001) is expected not to change from the earlier forecast of May 18, 2000 as follows;
(unit : million yen)
Sales | Recurring Income | Net Income | |
Previous forecast ( non-consolidated ) | 5,100,000 | 13,000 | 7,000 |
Previous forecast (consolidated ) | 7,300,000 | 44,000 | 23,000 |
[3] Reason of Revision
Owing to improvement of net interest cost and increase of dividend income from unconsolidated
companies and overseas local subsidiaries improving their earnings result.
Owing to improvement of net interest cost and increase of dividend income from unconsolidated
companies and overseas local subsidiaries improving their earnings result.