OREANDA-NEWS. August 2, 2012. TV Asahi hereby announces that with respect to the current operational environment, it has revised its earnings forecasts which were previously announced on April 27, 2012. The revised earnings forecasts are as follows:

1. Consolidated Earnings Forecast

Six Months Ending September 30, 2012 (April 1, 2012 ~ September 30, 2012)

 

Net Sales

Operating

Income

Recurring

Profit

Net Income

Net Income per share

Previous Forecast (A)

JPY  million

120,500

JPY  million

2,300

JPY  million

3,100

JPY  million

1,500

JPY

14.93

New Forecast (B)

123,000

3,200

4,200

2,000

19.91

Difference (B-A)

2,500

900

1,100

500

 

Difference (%)

2.1

39.1

35.5

33.3

 

<Reference>

Results for Six Months Ended September 30, 2011

115,555

4,197

5,646

3,303

32.89

Fiscal Year Ending March 31, 2013 (April 1, 2012 ~ March 31, 2013)

 

Net Sales

Operating

Income

Recurring

Profit

Net Income

Net Income per share

Previous Forecast (A)

JPY  million

248,000

JPY  million 10,000

JPY  million 12,000

JPY  million

7,500

JPY

74.67

New Forecast (B)

250,000

10,500

12,500

7,700

76.66

Difference (B-A)

2,000

500

500

200

 

Difference (%)

0.8

5.0

4.2

2.7

 

<Reference>

Results for FYE March 31, 2012

239,845

10,462

13,124

7,496

74.63

2. Non-Consolidated Earnings Forecast

Six Months Ending September 30, 2012 (April 1, 2012 ~ September 30, 2012)

 

Net Sales

Operating

Income

Recurring

Profit

Net Income

Net Income per share

Previous Forecast (A)

JPY  million

104,500

JPY  million

500

JPY  million

2,150

JPY  million

1,400

JPY

13.92

New Forecast (B)

106,300

1,100

2,750

1,650

16.40

Difference (B-A)

1,800

600

600

250

 

Difference (%)

1.7

120.0

27.9

17.9

 

<Reference>

Results for Six Months Ended September 30, 2011

97,954

1,956

2,755

1,629

16.20

Fiscal Year Ending March 31, 2013 (April 1, 2012 ~ March 31, 2013)

 

Net Sales

Operating

Income

Recurring

Profit

Net Income

Net Income per share

Previous Forecast (A)

JPY  million

213,000

JPY  million

5,600

JPY  million

7,500

JPY  million

5,000

JPY

49.70

New Forecast (B)

214,800

6,100

8,000

5,200

51.69

Difference (B-A)

1,800

500

500

200

 

Difference (%)

0.8

8.9

6.7

4.0

 

<Reference>

Results for FYE March 31, 2012

205,235

6,101

7,180

4,279

42.54

3. Reason for Revision

For the six months ending September 30, 2012, we expect an increase from our previous outlook for consolidated and non-consolidated net sales due to better-than-expected time and spot sales. Moreover, due to increase in net sales, we also expect an increase in consolidated and non-consolidated operating income, recurring profit, and net income.

For the fiscal year ending March 31, 2013, we also expect an increase from our previous outlook for consolidated and non-consolidated net sales, operating income, recurring profit, and net income.

Note: Effective October 1, 2012, TV Asahi will conduct a 1:100 share split. In said previous forecast and this revised forecast, net income per share for the six months ending September 30, 2012, and for the fiscal year ending March 31, 2013, are calculated on the assumption that the share split was conducted on April 1, 2012. Regarding the actual net income per share for the six months ended September 30, 2011, and for the fiscal year ended March 31, 2012, calculations are based on the assumption that the share split was conducted on April 1, 2011.