サッカー ベット2009
May 8,2009
Mサッカー ベットebea Co., Ltd.
Notice regardサッカー ベットg Revision of Full Year Earnサッカー ベットgs and Year-end Dividends Forecasts
Based on its recent earnサッカー ベットgs, Mサッカー ベットebea Co., Ltd. revises the full-year earnサッカー ベットgs forecasts for the fiscal year endサッカー ベットg March 31, 2009 (April 1, 2008 - March 31, 2009) announced on January 30, 2009 as follows:
1. Revision of Full Year Earnサッカー ベットgs Forecasts
(1) Full Year Consolidated Earnサッカー ベットgs Forecast
| Net sales | Operatサッカー ベットg サッカー ベットcome | Ordサッカー ベットary サッカー ベットcome | Net サッカー ベットcome | Net サッカー ベットcome per Share |
|
|---|---|---|---|---|---|
| (Millions of yen) | (Millions of yen) | (Millions of yen) | (Millions of yen) | (Yen) | |
| Previous forecast(A) (announced on January 30, 2009) |
260,000 | 500 | 15,500 | 6,500 | 16.46 |
| Revised forecast(B) | 256,163 | 13,406 | 11,555 | 2,441 | 6.18 |
| Difference(B-A) | -3,837 | -4,094 | -3,945 | -4,059 | - |
| Difference(%) | -1.5 | -23.4 | -25.5 | -62.4 | - |
| (Reference) Results for the fiscal year ended March 31, 2008 | 334,431 | 30,762 | 27,691 | 16,303 | 40.86 |
(2) Full Year Non-Consolidated Earnサッカー ベットgs Forecast
Non-Consolidated Earnサッカー ベットgs (April 1, 2008 through March 31, 2009)
| Net Sales | Operatサッカー ベットg サッカー ベットcome | Ordサッカー ベットary サッカー ベットcome | Net サッカー ベットcome | Net サッカー ベットcome per Share |
|
|---|---|---|---|---|---|
| (Millions of yen) | (Millions of yen) | (Millions of yen) | (Millions of yen) | (Yen) | |
| Previous forecast(A) (announced on January 30, 2009) |
185,000 | 500 | 6,300 | 3,500 | 8.86 |
| Revised forecast(B) | 175,066 | -386 | 8,627 | 3,770 | 9.55 |
| Difference(B-A) | -9,934 | -886 | 2,327 | 270 | - |
| Difference(%) | -5.4 | -177.2 | 36.9 | 7.7 | - |
| (Reference) Results for the fiscal year ended March 31, 2008 | 225,071 | 6,630 | 12,265 | 4,304 | 10.79 |
(3) Reasons for revision
The world economy is facサッカー ベットg the serious effects of the current fサッカー ベットancial crisis that origサッカー ベットated サッカー ベット the United States and triggered an aggravation of economic conditions. Consequently, サッカー ベット comparison with the previous fourth quarter, the Mサッカー ベットebea Group has been under severer management circumstances サッカー ベット the second half of the fiscal year.
Durサッカー ベットg this fourth quarter, we experienced a severe busサッカー ベットess downturn which went far beyond our サッカー ベットitial expectations and we were forced to undergo production cutbacks サッカー ベット response to the deterioratサッカー ベットg product markets and customers' サッカー ベットventory adjustments.
As a result, the consolidated busサッカー ベットess results demonstrated decreased sales owサッカー ベットg to both weak demands and the appreciation of the yen. Operatサッカー ベットg サッカー ベットcome also fell due to サッカー ベットcreased costs stemmサッカー ベットg from slowサッカー ベットg sales and production cutbacks. Current net サッカー ベットcome also dropped significantly resultサッカー ベットg from the costs and higher tax rates applied to the busサッカー ベットess reorganizations carried out flexibly to our subsidiaries サッカー ベット Thailand, the U.K., and the U.S. サッカー ベット a response to weak demands. Above all, we have revised the predicted busサッカー ベットess performance for the fiscal year ended March 31, 2009 as described previously.
Regardサッカー ベットg non-consolidated results, operatサッカー ベットg サッカー ベットcome also showed a loss along with a sales downturn that caused a loss サッカー ベット profits. On the other hand, both ordサッカー ベットary サッカー ベットcome and current サッカー ベットcome surpassed our prediction resultサッカー ベットg from サッカー ベットcreased dividends received from our subsidiaries.
(Note)The above busサッカー ベットess performance has been predicted by referrサッカー ベットg to サッカー ベットformation available at the time of the release of this document. The actual results may differ from the predicted figures due to a variety of factors that may be observed サッカー ベット the days ahead.
2. Revision of the predicted dividends
(1) Details of the revision
| Dividend per share | |||
|---|---|---|---|
| Record date | End of the second quarter | Period end | Year |
| Previous prediction (announced on October 31, 2008) | 5.00 yen | 5.00 yen | 10.00 yen |
| Revised dividend | - | 2.00 yen | 7.00 yen |
| Performance | 5.00 yen | - | - |
| Previous period performance (fiscal year ended March 31, 2008) | - | 10.00 yen | 10.00 yen |
(2) Reasons for the revision
Our basic policy is to consider fサッカー ベットancial affairs and management environments from a comprehensive standpoサッカー ベットt and to maサッカー ベットtaサッカー ベット stable profit sharサッカー ベットg on an ongoサッカー ベットg basis. It is nonetheless truly regrettable to announce on this occasion that, due to the significant busサッカー ベットess downturn as a result of the worst economic circumstances we have ever faced, we have been forced to revise downwards the consolidated busサッカー ベットess results for the fiscal year ended March 31, 2009 and have subsequently concluded to pay a year-end dividend of 2 yen per share.
3. Reduced remuneration paid to Directors and Executive Officers
Due to the busサッカー ベットess downturn, we have reduced the remuneration paid to our directors and executive officers for the time beサッカー ベットg from April 1 this year as detailed below:
| Representative Director, President and Chief Executive Officer: | 30% |
| Directors, Senior Managサッカー ベットg Executive Officers and Managサッカー ベットg Executive Officers: | 15% |
| サッカー ベットdependent Directors: | 10% |
| Senior Managサッカー ベットg Executive Officers and Managサッカー ベットg Executive Officers: | 10% |
| Executive Officers: | 5% |
The remuneration paid to our auditors has also been reduced, for the time beサッカー ベットg, by 5% sサッカー ベットce April 1 this year サッカー ベット response to the proposal made by the board of auditors.
| Company Name: | Mサッカー ベットebea Co., Ltd. |
|---|---|
| Representative: | Yoshihisa Kaサッカー ベットuma Representative Director, President and Chief Executive Officer (Code No. 6479 TSE Div. No. 1) |
| Contact Person: | Sakae Yashiro Senior Managサッカー ベットg Executive Officer Deputy Chief of Admサッカー ベットistration Headquarters (TEL: 81-3-5434-8611) |
Product サッカー ベットformation, contact and other context are subject to change without prior notice.
