In the light of our recent business performance, we have revised the forecasts of our business performance for fiscal 2006 (from January 1 to December 31, 2006) which we announced, on February 14, 2006, together with our account settlements for fiscal 2005. The current estimates are shown below.
Consolidated
Forecasts of business performance for fiscal 2006 (January 1 to December 31, 2006) on a consolidated basis.
For comparison:
Non-consolidated
Forecasts of business performance for fiscal 2006 (January 1 to December 31, 2006) on a non-consolidated basis.
For comparison:
Reasons for the Revisions
As a result of an increase in gas sales volume, net sales, on both a consolidated and non-consolidated basis, are expected to exceed the initial forecasts. Ordinary income and net income, on the other hand, will have been negatively impacted by the rise in the price of crude oil and the weakened yen, which are causing a sharp rise in our raw material costs. We have therefore revised the forecasts for ordinary income and net income downward from the initial figures.
Consolidated
Forecasts of business performance for fiscal 2006 (January 1 to December 31, 2006) on a consolidated basis.
(¥Million, %)
|
|
Net sales
|
Ordinary income
|
Net income
|
| Forecasts released Feb. 14, 2006 (A) |
73,380
|
7,520
|
4,210
|
| Current estimates (B) |
78,350
|
6,550
|
3,600
|
| Increase (decrease) in amount (B-A) |
4,970
|
(970)
|
(610)
|
| Change in percentage points |
6.8
|
(12.9)
|
(14.5)
|
For comparison:
| Fiscal 2005 |
67,144
|
5,887
|
3,189
|
| Change in percentage points |
16.7
|
11.3
|
12.9
|
Non-consolidated
Forecasts of business performance for fiscal 2006 (January 1 to December 31, 2006) on a non-consolidated basis.
(¥Million, %)
|
|
Net sales
|
Ordinary income
|
Net income
|
| Forecasts released Feb. 14, 2006 (A) |
60,290
|
3,890
|
2,500
|
| Current estimates (B) |
64,060
|
2,850
|
1,940
|
| Increase (decrease) in amount (B-A) |
3,770
|
(1,040)
|
(560)
|
| Change in percentage points |
6.3
|
(26.7)
|
(22.4)
|
For comparison:
| Fiscal 2005 |
52,253
|
2,676
|
1,901
|
| Change in percentage points |
22.6
|
6.5
|
2.0
|
Reasons for the Revisions
As a result of an increase in gas sales volume, net sales, on both a consolidated and non-consolidated basis, are expected to exceed the initial forecasts. Ordinary income and net income, on the other hand, will have been negatively impacted by the rise in the price of crude oil and the weakened yen, which are causing a sharp rise in our raw material costs. We have therefore revised the forecasts for ordinary income and net income downward from the initial figures.