85GQ Anz Bank 43

RNS Number:6904C
Nippon Sheet Glass Company Limited
23 August 2007

                                                                 23 August, 2007



       Nippon Sheet Glass announces Revision of Operating Result Forecast


Nippon Sheet Glass Co., Ltd. (the Company) announces the revision made to its
previous forecast of operating results for FY 2008 (April 2007 through March
2008) published on 9 August 2007, as below.



1. Revised operating result forecast (consolidated)

1. Interim result (1st April 2007 through 30th September 2007)

                                                                                     (Unit: JPY million, %)


                                           Net Sales     Operating income   Income before        Net Income
                                                                           extra-ordinary
                                                                                 items
Previous forecast (A)                        420,000           23,000             12,000             39,000
published on 9 August 2007
Revised forecast (B)                         430,000           25,000             14,000             47,000
Change(B-A)                                   10,000            2,000              2,000              8,000
Change (%)                                      2.4%             8.7%              16.7%              20.5%
Previous year result (FY2007)                273,259            8,589              7,250             20,259



2. Full year result (1st April 2007 through 31st March 2008)

                                                                                     (Unit: JPY million, %)

                                           Net Sales     Operating income   Income before        Net Income
                                                                            extra-ordinary
                                                                                  items
Previous forecast (A)                        830,000           42,000             24,000             45,000
published on 9 August 2007
Revised forecast (B)                         850,000           45,000             27,000             53,000
Change(B-A)                                   20,000            3,000              3,000              8,000
Change (%)                                      2.4%             7.1%              12.5%              17.8%
Previous year result (FY2007)                651,547           23,822              8,001             12,095



Note:  The weighted average currency exchange rate, used for the presentation
above, is as follows.

               Previous forecast                 JPY 215 per GBP

                Q1 Actual                       JPY 239 per GBP

               Remaining nine months (FY 08)     JPY 225 per GBP

               Full year (FY08)                  JPY 230 per GBP



2. Reason for the revision



   While the performance of the Company remains steady, Japanese Yen has become
weaker against Sterling Pound than previously expected.

3. Forecast for the Companyfs stand-alone result

The forecast of the Companyfs stand-alone operating results are not published.

END


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

MSCOKNKKCBKKKFB

Anz Bank 43 (LSE:85GQ)
Historical Stock Chart
Von Nov 2024 bis Dez 2024

Anz Bank 43 (LSE:85GQ)
Historical Stock Chart
Von Dez 2023 bis Dez 2024