|
|
July 10, 2006
|
|
Upward revision of interim forecasts
|
Tokyo, July 10, 2006—Kirin Brewery Company, Limited ("Kirin"), based on recent trends in business performance, today announced upward revisions of consolidated and non-consolidated forecasts for the interim period of the fiscal year ending December 31, 2006. The previous forecasts were announced with the release of first quarter results for the year on May 11, 2006.
|
(1) Consolidated interim forecasts (January 1, 2006 to June 30, 2006) (¥million, %)
| |
Sales |
Operating
income |
Ordinary
income |
Net income |
| Previous (A) |
771,000 |
40,000 |
41,000 |
15,000 |
| Revised (B) |
784,000 |
43,000 |
44,000 |
16,000 |
| Change (B) − (A) |
13,000 |
3,000 |
3,000 |
1,000 |
| Change in percent |
1.7% |
7.5% |
7.3% |
6.7% |
Previous interim results
(To June 30, 2005) |
740,276 |
37,528 |
39,019 |
14,923 |
(2) Non-consolidated interim forecasts (January 1, 2006 to June 30, 2006) (¥ million, %)
| |
Sales |
Operating
income |
Ordinary
income |
Net income |
| Previous (A) |
430,000 |
15,000 |
28,000 |
17,000 |
| Revised (B) |
437,000 |
17,000 |
37,000 |
25,000 |
| Change (B) − (A) |
7,000 |
2,000 |
9,000 |
8,000 |
| Change in percent |
1.6% |
13.3% |
32.1% |
47.1% |
Previous interim results
(To June 30, 2005) |
410,895 |
13,574 |
24,502 |
15,910 |
(3) Reasons for revisions
1. Consolidated
Consolidated forecasts have been revised principally due to the effect of revisions at the non-consolidated level.
2. Non-consolidated
Key factors leading to this revision include:
- Higher than forecast sales volumes of happo-shu, new genre and other products in the domestic alcohol business
- An increase in dividends received due to a special dividend declared by Lion Nathan, an alcohol beverage subsidiary in Australia.
As a result, forecast non-consolidated ordinary income for the interim period is ¥37.0 billion and forecast non-consolidated net income is ¥25.0 billion, respectively 32.1% and 47.1% higher than previous forecast.
|
|
| Consolidated and non-consolidated forecasts for the full year will be presented at the interim results announcement scheduled for August 10, 2006. |
|
