November 4, 2010
 
Company name: Faith, Inc.
Representative: Hajime Hirasawa, CEO/President
(Stock code 4295, Listed on TSE 1st section)
Contact: Koji Saeki, CFO/Director
TEL: +81-(0)75-213-3933 (Representative)
 
Revision of the Forecasts of Financial Results
For the Year Ending March 31, 2011
 
This is to announce that the Consolidated Forecast for the Year Ending March 31, 2011 announced on May 12, 2010 has been revised as below.
 
•Revision of the Consolidated Forecast
Revised Consolidated Forecast for the First Half ending September 30, 2010
(From April 1, 2010 to September 30, 2010)
  Net Sales Operating Profit Recurring Profit Net Profit Net Profit per share of Common Stock
Previous Forecast(A) (million yen)
29,500
(million yen)
400
(million yen)
350
(million yen)
60
(yen)
52.26
Revised Forecast(B)) 38,000 1,010 1,080 560 487.78
Difference(B-A) 8,500 610 730 500
Ratio(%) 28.8 152.5 208.6 833.3
(Reference)Results of First Half ended September 30, 2009 26,322 747 690 157 137.52
 
Revised Consolidated Forecast for the Year Ending March 31, 2011
(From April 1, 2010 to March 31, 2011)
  Net Sales Operating Profit Recurring Profit Net Profit Net Profit per share of Common Stock
Previous Forecast(A) (million yen)
65,000
(million yen)
1,000
(million yen)
850
(million yen)
100
(yen)
87.10
Revised Forecast(B) 78,000 1,300 1,360 600 522.63
Difference(B-A) 13,000 300 510 500
Ratio(%) 20.0 30.0 60.0 500.0
(Reference)Results of Year ended March 31, 2010 56,634 735 627 -1,755 -1,529.05
 
Background of Revision
For the first half ending September 30, 2010, the forecast of net sales will increase by 8.7 billion yen and operating profit by 0.3 billion yen, due to the significant growth in the settlement amount in electronic money business. In addition, the forecast of net sales, operating profit, recurring profit and net profit will exceed the previous consolidated forecast due to the group-wide cost reduction. For the entire year, we have revised the previous consolidated performance forecast because further acceleration in business growth of electronic money field is prospected.
 
•Forecasts for the dividends for the Year Ending March 31, 2011
Forecasts for the dividends have not modified, which is 50 yen per stock for the first half and year end.
 
(Note) Forecasts in this disclosure are made by management in light of information currently available. A number of factors could cause actual results to differ materially from those disclosed as above.
 
End of document
 
 
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