December 26, 2008 Notice of Adjustment of Forecast of Business Results.
	Based on developments in our recent performance, we have adjusted our forecast of business results for the fiscal year ending March 31, 2009 (from April 1, 2008 to March 31, 2009), which was published on September 29, 2008. 1. Details of Adjustment Adjustment of Forecast of Consolidated Business Results for the Full-Year Ending March 31, 2009 (from April 1, 2008 to March 31, 2009) (Unit: millions of yen) Sales Operating profit Ordinary profit Net profit Net profit per share Previously announced forecast (A) 36,000 750 550 400 11 yen 43 sen This forecast adjustment (B) 30,000 D950 D950 D750 D21 yen 43 sen Increase or decrease (B-A) D6,000 D1,700 D1,500 D1,150 --- Increase or decrease ratio (%) D16.7% --- --- --- --- (Reference) Results of the previous year (Fiscal year ended March 31, 2008) 40,697 2,312 2,827 1,119 31 yen 98 sen Adjustment of Forecast of Individual Business Results for the Full-Year Ending March 31, 2009 (from April 1, 2008 to March 31, 2009) Sales Operating profit Ordinary profit Net profit Net profit per share Previously announced forecast (A) 33,000 250 600 300 8 yen 57 sen This forecast adjustment (B) 27,000 D1,250 D1,050 D1,100 D31 yen 43 sen Increase or decrease (B-A) D6,000 D1,500 D1,650 D1,400 --- Increase or decrease ratio (%) D18.2% --- --- --- --- (Reference) Results of the previous year (Fiscal year ended March 31, 2008) 37,717 1,517 1,961 565 16 yen 17 sen 2. Reasons for Adjustment The business environment surrounding the Company and our Group has grown increasingly more severe due to the global financial crisis and recession of the real economy in connection with the crisis. Therefore, we expect sales will decrease significantly, including FPC (flexible printed circuit board materials), our core products. It is also necessary to record valuation losses on securities the market price of which significantly dropped due to the sluggish stock market, out of the investment securities held. Accordingly, we will make an adjustment of the forecast of business results. * The above forecast is based on the information which the Company has currently obtained and certain assumptions that the Company determines to be reasonable although the actual results might significantly vary from the forecast depending on various factors, including economic conditions surrounding our business fields and market trends.
	Notice of Adjustment of Forecast of Business Results (PDF 25K)

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