September 28, 2017
Company name: TOKYO ELECTRON DEVICE LIMITED
Representative: Atsushi Tokushige
President & Representative Director
(TSE First Section, Stock Exchange Code: 2760) Contact: Hiroki Tanaka, Director, Financial Department
TEL: +81-45-443-4000
Announcement of Revisions to the Consolidated Financial Forecasts for the Six Months Ending September 30, 2017 (Cumulative) and Fiscal year ending March 31, 2018In light of recent trends in business performance, TOKYO ELECTRON DEVICE LIMITED (the "Company"), hereby announces that it has revised the consolidated financial forecasts for the six months ending September 30, 2017 (cumulative) and fiscal year ending March 31, 2018 released on April 26 and July 26, 2017, as per the following.
Revisions to the Financial Forecasts
Revised consolidated financial forecasts for the six months ending September 30, 2017 (cumulative) (April 1, 2017 to September 30, 2017)
Net sales | Ordinary income | Net income attributable to owners of parent | Basic net income per share | |
Previous forecast (A) | Millions of yen 71,000 | Millions of yen 600 | Millions of yen 400 | Yen 39.71 |
Revised forecast (B) | 76,000 | 900 | 630 | 62.54 |
Difference (B - A) | 5,000 | 300 | 230 | |
Changes from previous forecast (%) | 7.0 | 50.0 | 57.5 | |
(Reference) Results for the previous second quarter(six months ended September 30, 2016) | 60,241 | 315 | 233 | 23.23 |
Revised consolidated financial forecasts for the fiscal year ending March 31, 2018 (April 1, 2017 to March 31, 2018)
Net sales | Ordinary income | Net income attributable to owners of parent | Basic net income per share | |
Previous forecast (A) | Millions of yen 140,000 | Millions of yen 1,500 | Millions of yen 1,000 | Yen 99.27 |
Revised forecast (B) | 154,000 | 2,000 | 1,200 | 119.12 |
Difference (B - A) | 14,000 | 500 | 200 | |
Changes from previous forecast (%) | 10.0 | 33.3 | 20.0 | |
(Reference) Results for the previous fiscal year(fiscal year ended March 31, 2017) | 131,855 | 1,377 | 972 | 96.71 |
Reasons for revisions
While product sales in the Electronic Components Business have continued favorably, in addition to the contribution of smartphone-related distribution rights, the demand for semiconductor products for industrial machinery and automobiles is expected to continue at a high level. Accordingly, the Company has revised the consolidated financial forecasts for the six months ending September 30, 2017 (cumulative) and fiscal year ending March 31, 2018, as presented above.
(Note) The financial forecasts and forward-looking statements herein are based on currently available information and certain assumptions deemed reasonable at the time of report issuance. The Company does not guarantee the achievement of these forecasts. Actual operating results may differ from these forecasts due to various factors.
TEL - Tokyo Electron Device Ltd. published this content on 03 October 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 03 October 2017 02:54:10 UTC.
Original documenthttp://www.teldevice.co.jp/eng/img/ir/pdf/ir_e_170928.pdf
Public permalinkhttp://www.publicnow.com/view/80A513A2399585722981EFA8E7CE1DFA548C971E