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Financial Report Notice Concerning Revisions of the Forecasts for Consolidated and Unconsolidated Financial Results for the 1st Half of FY2010
(July 31, 2009)
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Based on recent business situations, AISIN (the “Company”) has announced the following revisions for the consolidated and unconsolidated fiscal forecasts for the 1st Half of FY2010, released on April 28, 2009, as follows:

 

1. Revision of consolidated and unconsolidated forecasts for the 1st Half of FY2010


Consolidated Fiscal Year Original Forecasts and Revised Forecasts for the 1st Half of FY2010
(April 1, 2009 through September 30, 2009)
 
(Amount: Millions of Yen)
 
Net Sales
Operating Income
Ordinary Income
Net Income

EPS

(Yen)
Previous Forecasts (A)
810,000
-63,000
-65,000
-40,000
-142.12
Revised Forecasts (B)
850,000
-35,000
-33,000
-25,000
-88.82
Change (B)-(A)
40,000
28,000
32,000
15,000
―
% of Change
4.9
―
―
―
―
Actual results for the 1st
Half of FY2009
1,304,590
57,188
66,494
31,581
112.21


Unconsolidated Fiscal Year Original Forecasts and Revised Forecasts for the 1st Half of FY2010
(April 1, 2009 through September 30, 2009)

(Amount: Millions of Yen)
 
Net Sales
Operating Income
Ordinary Income
Net Income

EPS

(Yen)
Previous Forecasts (A)
270,000
-25,000
-22,500
-13,000
-46.18
Revised Forecasts (B)
300,000
-13,000
-8,000
-4,500
-15.99
Change (B)-(A)
30,000
12,000
14,000
8,500
―
% of Change
11.1
―
―
―
―
Actual results for the 1st
Half of FY2009
427,116
7,061
24,979
21,053
74.79

2.Reasons for the Revisions:
Due to the the fact that sales to major customers exceeded original plan, and the progress of the Company wide cost reduction activities that includes minimizing fixed costs such as depreciation, the Company has revised its consolidated and unconsolidated financial forecasts for the 1st Half of FY2010. Because of the uncertain business conditions, full year projections for FY2010 remain unchanged at this moment.

(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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