| Toshiba Issues Revised Business Forecasts for the 1st
Half of FY2006
17 October, 2006
Tokyo--Toshiba Corporation today issued revised consolidated
and non-consolidated business forecasts for the first half of fiscal year
to March 31, 2007. Today’s announcement revises the forecast that
Toshiba issued with the announcement of its results for the FY2005, on
April 28, 2006. The revised forecasts are as in the table below.
1. Consolidated forecast
2. Non-consolidated forecast
3. Reasons for revision
Consolidated operating income will surpass the previous forecast, largely
because the Social Infrastructure segment is moving forward more strongly
than originally anticipated.
Consolidated non-operating income also sees improvement over the original
forecast. As a result, Toshiba Corporation has released higher consolidated
and non-consolidated business forecasts shown above.
This report contains forward-looking statements concerning future plans, strategies
and the performance of Toshiba Group. These statements are based on management’s
assumptions and beliefs in light of the economic, financial and other data
currently available. Furthermore, they are subject to a number of risks and
uncertainties. Toshiba therefore wishes to caution readers that actual results
may differ materially from our expectations. Major risk factors that may
have a material influence on results are indicated below, though this list
is not necessarily exhaustive.
- Disputes including lawsuits in Japan and other
- Success or failure of alliances or joint ventures promoted
in collaboration with other companies;
- Success or failure of new
businesses or R&D investment;
- Changes in political and economic
conditions in Japan and abroad; unexpected regulatory changes;
disasters, including earthquakes and typhoons
- Rapid changes in the
supply/demand situations in major markets and intensified price competition
capital expenditure for production facilities and rapid changes in the market
- Changes in financial markets, including fluctuations in interest rates
and exchange rates.