Forecast results for the semiannual period
ending September 30, 2001 and for the fiscal year ending March
31, 2002 announced on May 18, 2001 have been revised as follows:
1. For the semiannual period ending September 30, 2001
| Consolidated
|
(millions
of yen) |
| |
Net sales |
Operating
profit |
Ordinary
profit |
Net income |
| Original forecast |
630,000 |
37,000 |
33,000 |
9,000 |
| Revised forecast |
590,000 |
23,000 |
19,000 |
2,000 |
| Increase (decrease) |
(40,000) |
(14,000) |
(14,000) |
(7,000) |
| Percent change |
-6.3% |
-37.8% |
-42.4% |
-77.8% |
cf. Semiannual
period ended
September 30, 2000 |
611,256 |
46,177 |
41,417 |
12,254 |
|
| |
| Non-consolidated
|
(millions
of yen) |
| |
Net sales |
Operating
profit |
Ordinary
profit |
Net income |
| Original forecast |
490,000 |
22,000 |
21,000 |
6,000 |
| Revised forecast |
460,000 |
13,500 |
14,500 |
2,000 |
| Increase (decrease) |
(30,000) |
(8,500) |
(6,500) |
(4,000) |
| Percent change |
-6.1% |
-38.6% |
-31.0% |
-66.7% |
cf. Semiannual
period ended
September 30, 2000 |
479,351 |
26,193 |
24,540 |
6,425 |
|
2. For the fiscal year ending March 31,
2002
| Consolidated |
(millions
of yen) |
| |
Net sales |
Operating profit |
Ordinary profit |
Net income |
| Original forecast |
1,300,000 |
88,000 |
79,000 |
26,000 |
| Revised forecast |
1,220,000 |
54,500 |
46,500 |
8,500 |
| Increase (decrease) |
(80,000) |
(33,500) |
(32,500) |
(17,500) |
| Percent change |
-6.2% |
-38.1% |
-41.1% |
-67.3% |
cf. Fiscal
year ended
March 31, 2001 |
1,269,414 |
96,023 |
86,746 |
25,176 |
|
| |
| Non-consolidated |
(millions
of yen) |
| |
Net sales |
Operating profit |
Ordinary profit |
Net income |
| Original forecast |
1,010,000 |
54,000 |
50,000 |
15,000 |
| Revised forecast |
960,000 |
35,500 |
34,000 |
4,000 |
| Increase (decrease) |
(50,000) |
(18,500) |
(16,000) |
(11,000) |
| Percent change |
-5.0% |
-34.3% |
-32.0% |
-73.3% |
cf. Fiscal
year ended
March 31, 2000 |
990,430 |
57,927 |
56,345 |
11,710 |
|
3. Reasons for revision
Forecast results for the semiannual period ending September
30, 2001 have been revised downward due to the effects of
the sharp slowdown in the US, the worldwide decline in demand
in IT-related fields, and the general sluggishness of the
Japanese economy. In chemicals and plastics, naphtha prices
are persisting at a high level, while global market conditions
for basic chemicals such as acrylonitrile have worsened rapidly,
depressing sale prices. In housing and construction materials,
unease about the near-term outlook for the Japanese economy
has dampened demand for new homes. In special products and
services, while biotechnology and medical products operations
are performing well, the sharp downturn in demand in IT-related
fields has led to a large decline in sales volumes for electronic
parts and materials. Forecast results for the fiscal year
ending March 31, 2002 have been revised downward as the present
operating environment is expected to persist, while the worldwide
economic situation remains slack.
Forecast by sector (consolidated)
| 1. For the semiannual period
ending September 30, 2001 |
(billions of yen) |
| |
Net
sales |
Operating
profit |
cf.
Semiannual period ended
September 30, 2000 |
Original
fore cast |
Revised
fore cast |
Increase
(decr ease) |
cf.
Semiannual period ended
September 30, 2000 |
Original
forecast |
Revised
forecast |
Increase
(decr ease) |
| Chemicals and Plastics |
206.5 |
215.0 |
200.0 |
(15.0) |
13.8 |
11.0 |
5.0 |
(6.0) |
| Housing and Con struction
Materials |
205.7 |
215.0 |
205.0 |
(10.0) |
10.2 |
9.0 |
6.0 |
(3.0) |
| Fibers and Textiles |
67.7 |
65.0 |
65.0 |
0.0 |
1.4 |
1.0 |
0.5 |
(0.5) |
| Special Products and
Services |
131.2 |
135.0 |
120.0 |
(15.0) |
20.5 |
16.0 |
11.5 |
(4.5) |
| Con solidated |
611.2 |
630.0 |
590.0 |
(40.0) |
46.1 |
37.0 |
23.0 |
(14.0) |
| 2. For the fiscal year
ending March 31, 2002 |
(billions of yen) |
| |
Net
sales |
Operating
profit |
cf.
Fiscal year ended
March 31, 2001 |
Original
fore cast |
Revised
fore cast |
Increase
(decr ease) |
cf.
Fiscal year ended
March 31, 2001 |
Original
fore cast |
Revised
fore cast |
Increase
(decr ease) |
| Chemicals and Plastics |
430.9 |
440.0 |
415.0 |
(25.0) |
28.4 |
28.0 |
16.0 |
(12.0) |
| Housing and Con struction
Materials |
433.4 |
445.0 |
425.0 |
(20.0) |
25.1 |
23.0 |
16.0 |
(7.0) |
| Fibers and Textiles |
134.7 |
135.0 |
135.0 |
0.0 |
2.1 |
2.0 |
1.0 |
(1.0) |
| Special Products and
Services |
270.2 |
280.0 |
245.0 |
(35.0) |
40.2 |
35.0 |
21.5 |
(13.5) |
| Con solidated |
1,269.4 |
1,300.0 |
1,220.0 |
(80.0) |
96.0 |
88.0 |
54.5 |
(33.5) |
|
