Toray Revises FY2002 Sales and Earnings Forecast Downwards
Toray Industries, Inc. announced today that it has revised its projected business results for the fiscal year ending March 31, 2002. The previous projection was announced on May 15, 2001.
1. Revised Projection for the 1st Half of FY2002
(April 2001 – September 2001):
( 1 ) Consolidated (in millions of Yen)
Net Sales Ordinary Income Net Income
Previous (A) 540,000 18,000 8,000
Revised (B) 520,000 7,000 1,000
Change (B-A) - 20,000 - 11,000 - 7,000
Change in % - 3.7% - 61.1% - 87.5%
[FYI]
Result in the 1st
Half of FY2001 510,085 18,400 7,903
( 2 ) Non-consolidated (in millions of Yen)
Net Sales Ordinary Income Net Income
Previous (A) 260,000 10,000 6,500
Revised (B) 235,000 4,500 3,500
Change (B-A) - 25,000 - 5,500 - 3,000
Change in % - 9.6% - 55.0% - 46.2%
[FYI]
Result in the 1st
Half of FY2001 254,360 12,713 6,877
2. Revised Projection for FY2002 (April 2001 – March 2002):
( 1 ) Consolidated (in millions of Yen)
Net Sales Ordinary Income Net Income
Previous (A) 1,150,000 47,000 23,000
Revised (B) 1,070,000 20,000 3,000
Change (B-A) - 80,000 - 27,000 - 20,000
Change in % - 7.0% - 57.4% - 87.0%
[FYI]
Result in FY2001 1,075,371 40,866 16,937
( 2 ) Non-consolidated (in millions of Yen)
Net Sales Ordinary Income Net Income
Previous (A) 540,000 25,000 16,000
Revised (B) 470,000 8,000 6,000
Change (B-A) - 70,000 - 17,000 - 10,000
Change in % - 13.0% - 68.0% - 62.5%
[FYI]
Result in FY2001 505,050 25,040 13,484
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For further information, please contact:
Mr. Ichiro Maeda
Investor Relations Section
Mr. Yoshiaki Nakayama
Corporate Communications Section
Toray Industries, Inc.
Tel. 81-3-3245-5179
Fax. 81-3-3245-5459