Revised forecasts for FY 2004: Full Year
Newly revised full year forecast
<Upward revision>
Sales: ¥580.0 billion, Operating income: ¥39.5 billion
Sales: ¥580.0 billion, Operating income: ¥39.5 billion
Forecasted business environment for FY 2004: 2nd half
[Japan]
- Machine tools, General industrial sector:
Strong demand expected to continue - Automotive production:
Production volumes expected to exceed the previous year’s numbers - Semiconductor and LCD production equipment industry:
Demand expected to become weaker
- The Americas·Europe:
Current levels of demand expected to continue, however the overall outlook has become increasingly unclear - Asia: Industrial demand in China expected to remain strong
Forecasted exchange rates for FY 2004: 2nd half
U.S. $1 = ¥105, 1 euro = ¥130