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February 28, 2002

     
Company Name   Anritsu Corporation
Code Number   6754
Media Contact   Hirokazu Hashimoto
    General Manager of Accounting Dept.
    TEL (03) 3473 - 7429
 

Revised Forecasts for Fiscal Year 2001

 Considering recent business conditions, Anritsu Corporation is making the following revisions to the fiscal year 2001 forecasts announced in November 7, 2001.


I. Revised forecasts for FY2001

 1. Consolidated forecast for FY2001, ending March 31, 2002
(Millions of yen, %)
  Net Sales Operating Income Recurring Income Net Income
Previous forecast (A)
(as of Nov 7, 2001)
134,000 12,000 7,000 4,000
Revised forecast (B) 130,000 7,000 4,500 2,500
Increase(Decrease) (B-A) (4,000) (5,000) (2,500) (1,500)
% Change (3.0) (41.7) (35.7) (37.5)
FY2000 Actual 159,055 23,834 21,367 9,635
 
 2. Non-consolidated forecast for FY2001, ending March 31, 2002
(Millions of yen, %)
  Net Sales Operating Income Recurring Income Net Income
Previous forecast (A)
(as of Nov 7, 2001)
94,000 8,000 7,000 4,500
Revised forecast (B) 92,000 5,000 5,000 3,000
Increase(Decrease) (B-A) (2,000) (3,000) (2,000) (1,500)
% Change (2.1) (37.5) (28.6) (33.3)
FY2000 Actual 122,421 16,337 16,277 7,067

II. The cause of revised forecasts

 The European and North American market needs has been blunt due to the worldwide IT industry depression, and moreover the capital investment in Japan market has also shrunk. The sales of the test and measurement equipment and the information and telecommunications equipment has not reached the planned figure.
 Securing surplus has become more difficult than expected. As a result, both of consolidated and non-consolidated earnings are likely to be sizably less than the previous forecasts.

cf. Net Sales forecast by Industry Segment (FY2001 Consolidated)
(Millions of yen, %)
  Previous
forecasts(A)
Revised
forecasts(B)
Increase(Decrease)
(B-A)
FY2000 Actual
Net Sales 134,000 130,000 (4,000) (3.0%) 159,055
  Information and Communications 19,000 18,000 (1,000) (5.3%) 29,435
  Test and Measurement 89,500 87,000 (2,500) (2.8%) 100,047
  Components and Devices 8,000 8,000 - - % 11,774
  Industrial Automation 13,000 12,500 (500) (3.8%) 13,125
  Services & Others 4,500 4,500 - - % 4,672
 

(Cautionary Statement)

1. As the figures mentioned above are based on the recent information, actual results may vary substantially from projections above due to known or unknown risks, uncertainties relating changes and others.
2. This release contains "Material Information" as specified under Article 166 of the Securities and Exchange Law of Japan. If you read the contents of this release, you or any other person with whom you share the acquired information will be deemed the primary recipients of corporate insider information and will be prohibited from purchasing, selling or making other transactions of shares or securities of Anritsu Corporation until 12 hours has elapsed from the time when this press release was issued (approximately 4:00 a.m. on Mar. 1, 2002, Japan time).
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