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March 30, 2005

Company Name :

Anritsu Corporation

Representative :

Akira Shiomi; President & Director

 

(Listed at Tokyo Stock exchange, 6754)

Contact Person :

Hirokazu Hashimoto; Director,

 

Senior Manager of Accounting and Control Dept.

 

(Phone: 046 - 296 - 6507)


Revised Forecasts for Fiscal Year 2004

  Anritsu Corporation is making the following revisions to the fiscal year 2004 forecasts announced on January 26, 2005.

I. Revised Consolidated forecasts for FY2004, ending March 31, 2005

(Millions of yen, %)

 

Net sales

Operating income(loss)

Ordinary income(loss)

Net income(loss)

Previous forecast (A)
(as of January 26, 2005)

85,000

5,000

3,000

1,700

Revised forecast (B)

83,500

4,300

1,700

1,000

Increase (Decrease) (B-A)

(1,500)

(700)

(1,300)

(700)

% Change

(1.8)

(14.0)

(43.3)

(41.2)

FY2003 Actual

78,395

1,808

(2,514)

1,101

II. Reasons for the Revision

  Anritsu Corporation revises consolidated forecast for FY2004 because of the unexpected sales decrease of measurement instruments in the Asian markets, especially in China. On the other hand, non-consolidated forecast is not revised since growth of the domestic sales of measuring instruments has remained intact due to capital investments with steady expansion of third-generation (3G) mobile communication services in Japan, despite of a slump of orders for information and communication equipment in Japanese governments market.

cf. Consolidated Net Sales forecast by Industry Segment for FY2004, ending March 31, 2005

(Millions of yen, %)

 

Previous forecasts (A)
(as of Jan. 26, 2005)

Revised forecasts (B)

Increase (Decrease)
(B-A)

FY2003 Actual

Net sales

85,000

83,500

(1,500)

-1.8%

78,395

  Information and Communications

9,500

9,000

(500)

-5.3%

12,388

  Test and Measurement

55,500

54,500

(1,000)

-1.8%

47,675

  Industrial Automation

12,000

12,000

-

- %

11,444

  Services & Others

8,000

8,000

-

- %

6,887

(Note)
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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