JVC Announced Business Forecast for Fiscal Year ending March 2008.Tokyo Tokyo (tō`kēō), city (1990 pop. 8,163,573), capital of Japan and of Tokyo prefecture, E central Honshu, at the head of Tokyo Bay. , Japan, May 30, 2007 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) Newswire) - Victor Company of Japan, Limited (JVC JVC Victor Company of Japan (or Japan's Victor Company) JVC Jewelers Vigilance Committee JVC Jesuit Volunteer Corps JVC Jet Vane Control (directs VLS-launched missiles) JVC Jonker-Volgenant-Castanon ) today announced its business forecast for the fiscal year ending March 2008 as follows: 1. Consolidated Business Forecast for FY 2008 (April 1, 2007-March 31, 2008)
Millions of Yen
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Full Year First Half of FY 2008
(04/01,2007-03/31,2008) (04/01,2007-09/30,2007)
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Total Sales 760,000 358,000
Operating Income (loss) 15,000 (2,000)
Ordinary Income (loss) 7,000 (6,500)
Net Income (loss) (10,500) (26,500)
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(Ref) Forecast net income (loss) per share (for the full year):
JPY (41.34)
The business environment surrounding sur·round tr.v. sur·round·ed, sur·round·ing, sur·rounds 1. To extend on all sides of simultaneously; encircle. 2. To enclose or confine on all sides so as to bar escape or outside communication. n. the company will remain tough. However, a radical business restructuring restructuring - The transformation from one representation form to another at the same relative abstraction level, while preserving the subject system's external behaviour (functionality and semantics). , including the review of the struggled North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. display business and recording media, etc., will be carried forward in order to achieve a turnaround Turnaround A situation where a company that has had poor performance for an extended period of time experiences a positive reversal. Notes: A speculator may profit from a turnaround if he or she accurately anticipates the improvement of a poorly performing company. from the poor performance registered in FY 2007. The JVC will strive to reach the forecast figures announced today. 2. Non-consolidated Business Forecast for FY 2008 (April 1, 2007-March 31, 2008)
Millions of Yen
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Full Year First Half of FY 2008
(04/01,2007-03/31,2008) (04/01,2007-09/30,2007)
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Total Sales 380,000 -
Operating Income (loss) 8,000 -
Ordinary Income (loss) 4,500 -
Net Income (loss) (8,500) -
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(Ref) Forecast net income (loss) per share (for the full year):
JPY (33.47)
3. Forecast Dividend for the Fiscal Year ending March 2008 It is highly regrettable, but this matter will be shelved for FY 2008. 4. Medium-term Business Plans The "Medium Term Management Strategy" and "Targeted Management Index" for FY 2009 and beyond will be published after a close examination of the recovery achieved by the structural reforms implemented in FY 2008. About JVC Victor Company of Japan, Ltd. (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : 6792; US: VJAPY), known worldwide as JVC, is well-known well-known adj. 1. Widely known; familiar or famous: a well-known performer. 2. Fully known: well-known facts. for its development of the VHS (Video Home System) A half-inch, analog videocassette recorder (VCR) format introduced by JVC in 1976 to compete with Sony's Betamax, introduced a year earlier. video standard, and has developed as an international company in the fields of audio, visual (A&V), information-related equipment, components, and entertainment for the domestic consumer market, as well as in the business market as a comprehensive provider of both hardware and software. JVC has received high praise in both domestic consumer and business markets. Visit the JVC home page at www.jvc.co.jp . Source: JVC Contact: Toshiya Ogata, Senior Staff Manager, or Akiko Sakakibara, Manager Public Relations Office Corporate Communications Department Victor Company of Japan, Limited (JVC) Tel: +81-(0)45-450-2951, 2952 Fax: +81-(0)45-450-2959 E-mail: ogata-toshiya@jvc-victor.jp, sakakibara-akiko@jvc-victor.jp URL: http://www.jvc.co.jp/english Japan Corporate News Network. All rights reserved. |
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