Press Release
November 2, 2012

To Whom It May Concern:
Funai Electric Co., Ltd.
Representative Director
President and CEO: Tomonori Hayashi(Code No.: 6839 First Section of TSE/OSE)

Funai Reports Revised Forecast of Consolidated Operating Results

This is to notify that the following changes have been made to the earnings forecast that was previously announced on
May 7, 2012.
1. Revisions to the Second Quarter (2Q) Year‐to‐Date (YTD) Consolidated Earnings Forecast(April 1, 2012 to September 30, 2012)(Units: Millions of Japanese Yen)
OperatingOrdinary
Net Income
Net Income
Net SalesIncome
IncomePer SharePrevious Forecast announced on
102,000
1,100
1,200200
5.86
May 7, 2012 (A)Current Forecast (B)89,000(1,450)(3,070)(2,990)(87.63)
Net Change (B‐A)
Net Change (%)(Reference) 2Q YTD Actuals from thePrevious Fiscal Year ended March2012(13,000)(2,550)(4,270)(3,190)(12.7)−−−

140,641

2,120519(2,997)(87.86)

2. Revisions to the Full‐Year Consolidated Earnings Forecast(April 1, 2012 to March 31, 2013)
Net Sales
Previous Forecast announced on
May 7, 2012 (A)Current Forecast (B)Net Change (B‐A)
Net Change (%)(Reference) Actuals from the Previous
Fiscal Year ended March 2012

OperatingIncome(Units: Millions of Japanese Yen)
Net Income
Net Income
Per Share

Ordinary
Income229,000

4,000

4,000

2,500

73.27

205,000(2,500)(4,100)(5,800)(169.99)(24,000)(6,500)(8,100)(8,300)(10.5)−−−

246,147461

174(4,629)(135.69)

3. Factors behind the Revisions to the Second Quarter Year‐to‐Date and Full‐Year Consolidated Earnings Forecast
Despite ongoing economic recovery in our mainstay United States market, evidenced by increased consumer spending,lower‐than‐expected unemployment and bottoming housing prices, the continuing economic contraction in the euro zone
has affected emerging markets such as China and heightened concerns about a global economic slowdown. In Japan,
economic stimulus measures have been drawn up as the country’s post‐quake recovery slows, and the deteriorating
relationship with China, combined with the global economic slowdown described above, represents a downside risk to
the economy.
Furthermore, shrinking LCD TV and Blu‐ray Disc recorder markets in Japan have contributed to lower‐than‐expected netsales and operating income. We have also recorded exchange losses of ¥1,730 million as the Japanese yen strengthened
more than expected. These losses have pulled down ordinary income and net income.
4. Factors behind the Revisions to the Full‐Year Consolidated Earnings Forecast
In the third and fourth quarters net sales of LCD TVs are expected to remain strong, while net sales of DVD‐relatedproducts, particularly Blu‐ray Disc recorders, are expected to weaken significantly.
Profit will be lower than expected due to declining profitability in LCD TVs and lower sales of DVD‐related products.
Furthermore, the strength of the Japanese yen is expected to continue to weigh on, and concerning impairment losses of
fixed assets. These losses will pull down ordinary income and net income.

(Note)The earnings forecast is based on information available to the Group at the time such forecast is made, and contains risk
and uncertainty. Actual results may differ from the forecast due to a variety of factors including changes in the economic
conditions of overseas markets such as the United States (a key market for the Group), and significant fluctuations in
product prices and foreign exchange.

For further information, please contact
Toru Fujii
Investors and Public Relations
E‐mail: fujiit@funai.co.jp−−２