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Forecast

Update:2018/11/6

Forecast

  FY17 FY18 forecast
(11/6)
Difference
Sales(Billion of yen) 406.6 410.0 4.4
Operating income(Billion of yen) 32.7 36.0 3.3
Ordinary income(Billion of yen) 33.3 36.0 2.7
Net income(Billion of yen) 21.4 25.5 4.1
Earnings per share (yen) 80.27 95.50 15.04

Financial Forecasts by Segment

Orders

(Billion of yen)

  FY17 FY18 forecast
(11/6)
Difference
Control 359.0 382.0 23.0
Measurement 22.4 23.0 0.6
Aviation and other 18.9 15.0 ▲3.9

Sales

(Billion of yen)

  FY17 FY18 forecast
(11/6)
Difference
Control 363.3 371.0 7.7
Measurement 22.3 23.0 0.7
Aviation and other 21.0 16.0 ▲5.0

Operating income

(Billion of yen)

  FY17 FY18 forecast
(11/6)
Difference
Control 30.4 35.0 4.6
Measurement 2.5 2.0 ▲0.5
Aviation and other ▲0.2 ▲1.0 ▲0.8

<Cautions concerning the use of business forecasts>

As the above business forecast is based on certain assumptions judged by the Company to be reasonable at present, actual business results may differ.
The main factors that may cause changes in the results are as follows.

  • Changes in foreign exchange rates, particularly the U.S. dollar, the euro, Asian currencies, and the currencies of the Middle East
  • Sudden changes in the price of crude oil
  • Sudden changes in the political and economic situation in major markets
  • Geopolitical risks by terrorism, etc.
  • Changes in the business environment such as revisions to trade regulations
  • Dramatic shifts in product supply and demand
  • Changes in Japanese share prices
  • Protection of the Company's patents and the licensing of patents held by other companies
  • M&A and business alliances with other companies for purposes such as product development
  • Occurrences of natural disasters such as earthquakes, floods, and tsunamis