2009
4.30
Revision of Financial Forecast for the Fiscal Year Ended March 31, 2009
Nippon Television Network Corporation (NTV) announced today its revision of consolidated and non-consolidated financial forecasts for fiscal year ended March 31, 2009 from those previously announced on February 5, 2009.
1.Revision of Financial Results Forecast (April 1, 2008 - March 31, 2009)
(1) Revision
1) Consolidated basis
|
| Net sales | Operating income | Recurring profit | Net income |
| Previous Forecast (A) | 322,500 | 7,500 | 11,300 | 3,100 |
| Revised Forecast (B) | 324,500 | 12,200 | 16,200 | 5,600 |
| Change amounts (B – A) | 2,000 | 4,700 | 4,900 | 2,500 |
| Change (%) | 0.6 | 62.7 | 43.4 | 80.6 |
| (Ref.) Previous Fiscal Year Results | 342,188 | 23,076 | 26,705 | 10,625 |
(Ref.) Forecast of net income per share: 226.80yen
2)Non-consolidated basis
|
| Net sales | Operating income | Recurring profit | Net income |
| Previous Forecast (A) | 276,000 | 4,000 | 7,200 | 1,000 |
| Revised Forecast (B) | 277,700 | 8,300 | 11,700 | 3,200 |
| Change amounts (B – A) | 1,700 | 4,300 | 4,500 | 2,200 |
| Change (%) | 0.6 | 107.5 | 62.5 | 220.0 |
| (Ref.) Previous Fiscal Year Results | 291,223 | 16,172 | 18,516 | 6,437 |
(Ref.) Forecast of net income per share: 128.23 yen
(2) Reasons for Revision of Financial Results Forecast
Both consolidated and non-consolidated financial forecasts for fiscal year ended March 31, 2009 will be more than previously forecast on February 5, 2009.
In terms of net sales, broadcasting sales of the 2nd half of fiscal year 2009, which had raised concern, were higher than expected.
As a result of drastic measures taken at cost reduction due to the weaker-than-expected lackluster television advertising market, operating income, recurring profit and net income were led to positive revisions.
Our annual dividends forecast will remain unchanged as of February 5, 2009.
Note: The above statements are based on the management's assumptions and beliefs in accordance with the information currently available. The actual results may differ from the above statements due to various elements of risks and uncertainties.
