July 26, 2010
Kirin Revises Non-consolidated Earnings Forecasts for the Interim Period of Fiscal Year 2010
Tokyo, July 26, 2010—Kirin Holdings Company, Limited ("Kirin") has revised its non-consolidated earnings results forecast for the interim period of fiscal year 2010, (previously announced on February 10, 2010) in consideration of its recent business performance and other factors, as follows:
1. Revision of Non-consolidated Earnings Forecasts for the Interim Period of Fiscal Year 2010
(January 1, 2010 to June 30, 2010)
| Sales | Operating income |
Ordinary income |
Net income | Net income per share (Yen) |
|
| Previously announced forecast (A) | 50,000 | 34,000 | 33,000 | 28,000 | ¥29.37 |
| New forecast (B) | 43,000 | 29,000 | 24,000 | 26,000 | ¥27.28 |
| Change (B−A) | -7,000 | -5,000 | -9,000 | -2,000 | — |
| Change (%) | -14.0 | -14.7 | -27.3 | -7.1 | — |
2. Reasons for the revision
The revision is due to smaller dividend income from affiliates than initially forecast.
Note, however, that as the current non-consolidated earnings revision is due mainly to revision of dividends from affiliates, there will be little impact on the consolidated forecasts.
There is no change to the non-consolidate forecast for the fiscal year 2010(previously announced on February 10, 2010).