2007. 9. 18
Notice of Revised Projections for Consolidated and Non-Consolidated Business Results
In light of the Company’s recent performance, we have revised the six-month and full-year projections
for non-consolidated business results for fiscal 2008, both of which were disclosed on May 10, 2007,
for the first half of fiscal 2008, covering April 1 through September 30, 2007, and for fiscal 2008, theyear ending March 31, 2008. We have also revised the six-month and full-year projections forconsolidated business results for fiscal 2008, both of which were disclosed on August 8, 2007, for thefirst half of fiscal 2008, covering April 1 through September 30, 2007, and for fiscal 2008, the year
ending March 31, 2008.
1. Revised Projections for Business Results for the First Half of Fiscal 2008 (April 1, 2007, toSeptember 30, 2007)(Consolidated)(Millions of yen)
Net income
Net income
per share
Yen

Net sales

OperatingprofitOrdinary
incomePrevious projections (A)730,000

43,00054,00029,000

23.23

Revised projections (B)796,000

46,00063,00035,00028.03

Change (B – A)

66,000

3,000

9,000

6,000

4.79

Change (%)

9.0%

7.0%

16.7%

20.7%

20.6%

(Reference)
Results for the
first half of fiscal 2007

694,170

37,61958,72838,33633.50

Net sales

OperatingprofitOrdinary
incomePrevious projections (A)345,000

12,00013,000

5,000

4.00

Revised projections (B)427,000

12,00016,000

6,000

4.80

Change (B – A)

82,000—3,000

1,0000.80

Change (%)

23.8%

—

23.1%

20.0%

20.0%

(Reference)
Results for the
first half of fiscal 2007

378,285

12,073

17,165

9,025

7.88

(Non-Consolidated)-1-(Millions of yen)
Net income
Net income
per shareYen2. Revised Projections for Business Results for Fiscal 2008 (April 1, 2007, to March 31, 2008)(Consolidated)(Millions of yen)
Net income
Net income
per share
Yen

Net sales

OperatingprofitOrdinary
incomePrevious projections (A)1,460,000

86,000110,000

59,00047.27

Revised projections (B)1,594,000

92,000120,000

60,00048.02

Change (B – A)

134,000

6,000

10,000

1,000

0.75

Change (%)

9.2%

7.0%

9.1%

1.7%

1.6%

1,452,108

78,758107,188

71,382

60.33(Reference)
Results for fiscal 2007
(Non-Consolidated)(Millions of yen)
Net income
Net income
per share
Yen

Net sales

OperatingprofitOrdinary
incomePrevious projections (A)700,000

25,00037,00017,00013.61

Revised projections (B)815,000

27,00042,00019,00015.20

Change (B – A)

115,000

2,000

5,000

2,000

1.59

Change (%)

16.4%

8.0%

13.5%

11.8%

11.7%

(Reference)
Results for fiscal 2007

755,01328,482

43,562

12,830

10.84

3. Reasons for the Revisions
Consolidated ordinary income is expected to exceed our projection by about ¥9.0 billion for the firsthalf of fiscal 2008, mainly owing to significant rises in equity in earnings of affiliates; dividend
income related to overseas copper mining companies in the Company invests, reflecting copper pricesthat have remained at high levels; and an increase in earnings from the Electronic Materials &Components business segment where the silicon-related business especially has performed well.
Consolidated net income for the six-month period under review is expected to be ¥6.0 billion higher
than envisaged as a result of the increase in consolidated ordinary income.
As for consolidated fiscal 2008 results on a full-year basis, consolidated ordinary income is expected
to exceed the previous projection by about ¥10.0 billion based on the rise in earnings in the first half
although several uncertain factors in the management environment are seen including higher raw
material prices, a slowdown of the U.S. economy, weakening copper prices and a trend toward an
appreciating yen. Consequently, consolidated net income for fiscal 2008 is expected to increase ¥1.0billion, taking into account the promotion of business restructuring reforms and measures to return tohealthier assets, which are anticipated in the second half.

4. Dividends for the Year
We plan to distribute a year-end dividend of ¥4 per share, following an interim dividend of ¥4 pershare, for an annual dividend of ¥8 for fiscal 2008, as announced on May 10, 2007.
(Note) Management produced the above projections based on various current assumptions as of thedate of the announcement, including certain assumptions for the economic climate and market
trends. Actual results may differ owing to a number of factors.
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