September 3, 1998
|
|
|
results (B) |
|||
(A) |
x 100 |
forecast1 |
|
||
|
3,750,000 |
|
4,000,000 |
1,820,00 |
4,078,030 |
(Loss) |
-100,000 |
|
30,000 |
-70,000 |
17,220 |
(Loss) |
-260,000 |
|
20,000 |
-110,000 |
10,236 |
Notes: |
1. Announced in May 1998. |
2. Forecast for first half of fiscal 1998. |
- Factors relating to the revision of the forecast -
The market price of 64-megabit DRAMs fell below the predicted
level and system LSIs suffered a severe setback owing to slow
market development. Previously active electronic devices
experienced a decline in demand and falling prices, while business
results in the personal computer and multimedia sectors also
deteriorated. The outlook for net sales and ordinary income has
therefore become considerably poorer than previous forecast.
In addition, Hitachi, Ltd. took an extraordinary loss for restructuring semiconductor operations at both domestic and overseas bases, amortized the prior service cost portion of employees pension fund plans and wrote down investment in certain investment securities owing to sharp decreases in the share prices of mainly financial institutions.
(2) Consolidated forecast Millions of yen
|
|
results (B) |
|||
(A) |
x 100 |
forecast 1 |
|
||
|
7,940,000 |
|
8,400,000 |
3,890,000 |
8,416,834 |
income taxes (Loss) |
-230,000 |
|
170,000 |
-125,000 |
171,726 |
(Loss) |
-250,000 |
|
40,000 |
-130,000 |
3,477 |
Notes: |
1. Announced in May 1998. |
|
2. Forecast for first half of fiscal 1998. |
2. Fiscal 1998 interim dividend
In view of the decline in business results, the interim
dividend is not to be paid.
<Reference>
The annual dividend for fiscal 1997 was 11 yen per share, of which
5.5 yen per share was paid as an interim dividend.
*Note: |
The forecasts for the first half of fiscal 1998 and
for the year ending March 31, 1999 are forward-looking
information which reflects management's current views
with respect to certain future events and financial
performance.Actual results may differ materially from
this forecast. Further, this forward-looking information
is based upon assumptions of future events which may not
prove to be accurate. |