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, 2018

In 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.

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