NTT DATA CORPORATION Announces Revision of its Business Results Forecasts
Mar. 17, 2008
NTT DATA Corporation
NTT DATA CORPORATION hereby announces its revision of forecasts for the fiscal year ending March 31, 2008, announced at the time when the results of the third quarter ended December 31, 2007 were released on January 30, 2008 (for non-consolidated results, the forecasts were announced at the time when results of the second quarter ended September 30, 2007 were released on October 31, 2007). The revision is being made due to the changing trend of its business performance and other factors.
Revision of the business results forecasts for the fiscal year ending March 31, 2008 (April 1, 2007, to March 31, 2008)
(1)Consolidated results forecast
(Units: Millions of yen; %) Net sales Operating income Ordinary income Net income Previous forecast (A) 1,080,000 95,000 91,000 51,000 Revised forecast (B) 1,080,000 95,000 91,000 29,000 Difference (B-A) - - - (22,000) Percentage difference (%) - - - (43.1) (Reference) Results of preceding fiscal period (ended March 31, 2007) 1,044,918 90,250 85,769 50,637 (2)Non-consolidated results forecast
(Units: Millions of yen; %) Net sales Operating income Ordinary income Net income Previous forecast (A) 835,000 82,000 79,000 47,000 Revised forecast (B) 835,000 82,000 79,000 26,000 Difference (B-A) - - - (21,000) Percentage difference (%) - - - (44.7) (Reference) Results of preceding fiscal period (ended March 31, 2007) 856,340 81,137 74,472 46,286 - Cause of the revision
Due to factors such as revision of our secondment program, approximately 40 billion yen and 39 billion yen will be accounted for as extraordinary losses on a consolidated and non-consolidated basis, respectively. As a result, net income for this fiscal year ending March 31, 2008 is projected to be lower than the previously announced forecast.
* The above forecasts are based on the information available as of the day of this release. Due to various unexpected circumstances, actual results may be different from these forecasts.
For more information, please contact:
- Public Relations Office
NTT DATA Corporation
Phone: +81-3-5546-8051
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The services, prices of products and services, specifications, telephone numbers, etc. for inquiries and other information included in news releases are the data available on the day of the release. This information may be changed at any time without notice. In certain circumstances, due to various risks or unexpected occurrences, actual results may also be different from the plans or projections in news releases.
