Based on recent business situations, AISIN has announced the following revisions of forecasts of consolidated and unconsolidated fiscal results and forecasted dividend for FY2009, released on December 24, 2008, as follows:
1. Revision of consolidated and unconsolidated performance projection for FY2009
Consolidated Fiscal Year Forecasts and Results for FY2009
| |
Net Sales |
Operating Income |
Ordinary Income |
Net Income |
EPS
Yen |
Previous Forecasts (A) |
2,200 |
-10 |
0 |
0 |
0.00 |
Revised Forecasts (B)
|
2,200 |
-13 |
-11 |
-12 |
-42.64 |
Change (B)-(A) |
0 |
-3 |
-11 |
-12 |
― |
% of Change |
― |
― |
― |
― |
― |
Actual result for FY2008 |
2,700 |
180 |
186 |
91 |
322.50 |
Unconsolidated Fiscal Year Forecasts and
Results for FY2009 |
(Amount: Billion Yen) |
| |
Net Sales |
Operating Income |
Ordinary Income |
Net Income |
EPS
Yen |
Previous Forecasts (A) |
745 |
-16 |
7 |
7 |
24.87 |
Revised Forecasts (B)
|
715 |
-20 |
3 |
7 |
24.87 |
Change (B)-(A) |
-30 |
-4 |
-4 |
0 |
― |
% of Change |
-4.0 |
― |
-57.1 |
― |
― |
Actual result for FY2008 |
878 |
35 |
46 |
34 |
121.97 |
| Reasons for the Revisions: |
| AISIN has reviewed its sales and other factors for the remaining fourth quarter period, and revised its consolidated and unconsolidated financial forecasts which were announced on December 24, 2008. Regarding the assumptions of exchange rates for the fourth quarter period, U.S. Dollar is 90yen and Euro is 120yen, respectively. |
| 2. Revision of forecasted dividend for FY2009 |
Details of revision
|
Dividends per share (Yen) |
Record date |
End of first Half |
Year-end |
Annual |
Previous forecast
(October 30, 2008) |
― |
30.00 |
60.00 |
Revised forecast |
― |
To be determined |
To be determined |
Actual result for FY2009 |
30.00 |
― |
― |
Actual result for FY2008 |
24.00 |
36.00 |
60.00 |
| Reasons for the Revisions: |
With improving dividend level, the Company intends to live up to the expectations of our shareholders in overall consideration of business performance, payout ratio, and others.
However, the payment of year-end dividends has not been determined yet because of the uncertain business environment. AISIN will propose the year-end dividend to shareholders after taking into consideration of its actual financial results and payout ratio for FY2009. |
| (Notice) Above forecasts contain forward-looking statements based on management’s assumptions and beliefs taking into account information currently available to it. Therefore, please be advised that actual results could differ from those described in these forward-looking statements as a result of various factors, including business conditions and foreign exchange rates between the Japanese yen and the U.S. dollar, the Euro and other major currencies. |
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