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Fuji Heavy Industries: Revision of Performance Projection for the Fiscal Year 2013 (from April 1, 2012 to March 31, 2013)

Considering the current business results, Fuji Heavy Industries Ltd. (FHI) has announced the revision of performance projection for the fiscal year ending March 31, 2013 (from April 1, 2012 to March 31, 2013) which was released at the timing of consolidated financial results announcement on October 30, 2012. Revision of consolidated basis performance projection for … Continued

Considering the current business results, Fuji Heavy Industries Ltd. (FHI) has announced the revision of performance projection for the fiscal year ending March 31, 2013 (from April 1, 2012 to March 31, 2013) which was released at the timing of consolidated financial results announcement on October 30, 2012.

Revision of consolidated basis performance projection for the  Fiscal 2013 (from April 1, 2012 to March 31, 2013)

Reason of revision  
Consolidated results projections for the full fiscal year ending March 2013, released on October 30, 2012, have been revised up as stated above, taking into account high value of the yen which is being corrected and increase in automobile unit sales, among other factors.   The projections of full-year consolidated results for the fiscal year ending March 2013 are based on assumed foreign exchange rates of ¥82/US$ (previously ¥79/US$) and ¥105/EUR (previously ¥102/EUR). Exchange rate assumptions for the fourth quarter of the current fiscal year are ¥87/US$ and ¥114/EUR.

Note:   Above mentioned projections are based on certain assumptions and our management’s judgment in light of currently available information, therefore actual results may differ from these projections.

 

https://www.automotiveworld.com/news-releases/fuji-heavy-industries-revision-of-performance-projection-for-the-fiscal-year-2013-from-april-1-2012-to-march-31-2013/

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