January 25, 2010
Kirin Revises Non-consolidated Earnings Forecasts for the Fiscal Year 2009
Tokyo, January 25, 2010—Kirin Holdings Company, Limited ("Kirin") has revised its non-consolidated earnings results forecast for the fiscal year 2009, (previously announced on February 10, 2009) in consideration of its recent business performance and other factors, as follows:
1. Revision of Non-consolidated Earnings Forecasts for the Fiscal Year 2009
(January 1, 2009 to December 31, 2009)
Non-consolidated
Unit: million Japanese yen
| Sales | Operating income |
Ordinary income |
Net income | Net income per share (Yen) |
|
| Previously announced forecast (A) | 91,000 | 65,000 | 66,000 | 65,000 | ¥68.11 |
| New forecast (B) | 108,000 | 84,000 | 84,000 | 82,000 | ¥85.95 |
| Change (B−A) | 17,000 | 19,000 | 18,000 | 17,000 | — |
| Change (%) | 18.7 | 29.2 | 27.3 | 26.2 | — |
| (Reference) Actual results for the previous fiscal year (fiscal year 2008) |
74,536 | 53,495 | 47,074 | 27,684 | ¥29.00 |
2. Reasons for the revision
The revision is due to larger 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.