Press Release Back Number(2000)

Upwardly revised earnings estimate for the current fiscal year

October 13, 2000

Based on recent changes in our business environment, we have increased our initial earnings estimate for the current fiscal year (April 1, 2000 - March 31, 2001), as initially released on May 23, 2000 along with our results for fiscal 1999. Details are provided below.

  1. 1. Upward revision of midterm estimate (April 1 - September 30, 2000)
    < Consolidated>
      Sales Midterm recurring profit Midterm net profit
    Initial estimate (A) ¥1,110 billion ¥96 billion ¥59 billion
    Revised estimate (B) ¥1,140 billion ¥141 billion ¥90 billion
    Increase (B-A) ¥30 billion ¥45 billion ¥31 billion
    Increase in percentage terms 2.7% 47% 53%
    Note: Midterm results for the previous year
  2. < Unconsolidated >
      Sales Midterm recurring profit Midterm net profit
    Initial estimate (A) ¥1,090 billion ¥100 billion ¥64 billion
    Revised estimate (B) ¥1,120 billion ¥145 billion ¥95 billion
    Increase (B-A) ¥30 billion ¥45 billion ¥31 billion
    Increase in percentage terms 2.8% 45% 48%
    Note: Midterm results for the previous year ¥1,053.4 billion ¥60.5 billion ¥38.2 billion
  3. 2. Upward revision of full-term estimate (April 1, 2000 - March 31, 2001)
    < Consolidated >
    Initial estimate (A) Sales Midterm recurring profit Current net profit
    Initial estimate (A) ¥2,260 billion ¥125 billion ¥73 billion
    Revised estimate (B) ¥2,240 billion ¥135 billion ¥80 billion
    Increase (B-A) ▲¥20 billion ¥10 billion ¥7 billion
    Increase in percentage terms ▲0.9% 8% 10%
    Note: Midterm results for the previous year ¥2,167.6 billion ¥128.8 billion ¥77.1 billion
  4. < Unconsolidated >
      Sales Midterm recurring profit Current net profit
    Initial estimate (A) ¥2,190 billion ¥130billion ¥83 billion
    Revised estimate (B) ¥2,170 billion ¥140 billion ¥90 billion
    Increase (B-A) ▲¥20billion ¥10 billion ¥7 billion
    Increase in percentage terms ▲0.9% 8% 8%
    Note: Midterm results for the previous year ¥2,115 billion ¥126.3 billion ¥80.4 billion
  5. (Reason for revision)
    After considering such positive factors such as increased electric power sold during this year's exceptionally hot summer and improved business conditions, we have decided to revise our initial earnings estimates for both the full-year and mid-term periods.