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Toshiba Issues Revised Business Forecasts for the 1st Half of FY2007

27 July, 2007

Tokyo--Toshiba Corporation today issued revised consolidated and non-consolidated business forecasts for the first half of fiscal year to March 31, 2008. Today’s announcement revises the forecast that Toshiba issued with the announcement of its results for the FY2006, on April 26, 2007. The revised forecasts are as in the table below.

1. Consolidated forecast

1st Half FY2007 (Apr. 1, 2007 through Sept. 30, 2007) 

(billion yen)

2. Non-consolidated forecast

1st Half FY2007 (Apr. 1, 2007 through Sept. 30, 2007)

(billion yen)

3. Reasons for revision
As the PC business is moving forward more strongly than originally anticipated, and the Semiconductor business is expected to make firm progress, Toshiba Group now anticipates higher business results than originally forecast. As a result, Toshiba Corporation has released the higher consolidated and non-consolidated business forecasts shown above.
The full-year forecast for FY2007 is currently under review, and will be announced separately in due course.


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 countries
• 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;
• Major disasters, including earthquakes and typhoons;
• Rapid changes in the supply/demand situation in major markets and intensified price competition;
• Significant capital expenditure for production facilities and rapid changes in the market;
• Changes in financial markets, including fluctuations in interest rates and exchange rates.

Information in the press releases, including product prices and specifications, content of services and contact information, is current on the date of the press announcement,but is subject to change without prior notice.

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