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Revised Forecasts for
Fiscal Year 2006
Anritsu Corporation is making the following revisions
to the fiscal year 2006 forecasts announced on October 25, 2006.
I. Revised Consolidated forecasts for FY2006, ending
March 31, 2007
(Millions of yen)
| |
Net sales |
Operating
income (loss) |
Ordinary
income (loss) |
Net
income (loss) |
|
Previous Forecast (A)
(as of October 25, 2006) |
99,000 |
7,000 |
4,000 |
2,700 |
|
Revised Forecast (B) |
99,000 |
6,000 |
2,700 |
1,200 |
|
Increase (Decrease) (B - A) |
- |
(1,000) |
(1,300) |
(1,500) |
|
% Change |
- |
-14.3% |
-32.5% |
-55.6% |
|
FY2005 Actual |
91,262 |
4,549 |
1,628 |
562 |
II. Reasons for the Revision
Anritsu Corporation revises its consolidated forecast
for FY2006 because of profit decreases in the Test & Measurement and
Industrial Automation business segments. The Test and Measurement business
is growing steadily overall primarily due to the sales increases of handheld
testers for installation and maintenance of base stations. However, the
Service Assurance (SA) business in our overseas subsidiaries is performing
below plan. Order intake for the SA business has continued under our
expectations due to operator capex delays. At the same time our SA R&D
investment is increasing to meet customer commitments and to maintain new
technology time to market schedules. The decrease in profit in the
Industrial Automation business segment is due to raw material costs
increases used in the equipment.
cf. Consolidated operating income forecast by Industry Segment for FY2006,
ending March 31, 2007
(Millions of yen, %)
| |
Previous Forecasts(A)
(as of Oct. 25, 2006) |
Revised Forecasts(B) |
Increase
(Decrease)
(B - A) |
FY2005 Actual |
|
Operating income
(loss) |
7,000 |
6,000 |
(1,000) |
-14.3% |
4,549 |
|
Test and
Measurement |
5,500 |
4,700 |
(800) |
-14.5% |
5,290 |
|
Information and
Communications |
0 |
0 |
- |
- |
(1,972) |
|
Industrial
Automation |
800 |
600 |
(200) |
-25.0% |
787 |
|
Serivces and others |
700 |
700 |
- |
- |
444 |
"Services and Others" contains "Services and Others"
and "Elimination and Corporate" of information by industry segment.
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(Note) |
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Statements made in these materials with respect
to Anritsu's current plans, strategies and beliefs that are not
historical fact are forward-looking statements of future business
results or other forward-looking projections pertinent to the business
of Anritsu. These descriptions are based on assumptions and judgments
made by Anritsu's management from information currently available, and
include certain risks and uncertain factors. Actual business results are
the outcome of a number of unknown variables, and may substantially
differ from the figures projected herein. Furthermore, Anritsu disclaims
any obligation, unless required by law, to update or revise any
forward-looking statements as a result of new information, future events
or otherwise.
Factors which may affect the actual business results include but are not
limited to the economic situation in the geographic areas where Anritsu
conducts business, including but not limited to Japan, Americas, Europe,
and Asia, pressure on prices due to trends in demand for Anritsu's
products and services or to increased competition, Anritsu's ability to
continue supplying products and services that are accepted by customers
in a highly competitive market environment, and currency exchange rates. |
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