Press Release
May 11, 2009
Funai Electric Co., Ltd.
President and CEO: Tomonori Hayashi(Code No.: 6839 First Section of TSE/OSE)
Contact: Mutsuo Takei, General Manager
Investor / Public Relations Department
T e l : 8 1 - 3 - 3 2 5 4 - 5 6 1 2

For Immediate Release:

Funai Reports Revised Forecast of Consolidated Operating Results

Funai Electric Co., Ltd. has revised its forecast of consolidated operating results released on February
2, 2009, as described below.
1. Revised Consolidated Fiscal Year Results (April 1, 2008, to March 31, 2009)(Units: Million Yen)

Net sales

Operatingincome

Ordinaryincome

Net income(beforededuction ofincome tax forprior periods)

Previously Announced
Forecast (A)304,000

500(1,500)(2,200)(19,000)

Revised Forecast (B)302,700

1,400

1,200(600)(17,400)(1,300)

900

2,700

1,600

1,600

(0.4)

180.0

一一一

277,167(2,405)(39)(5,376)(5,376)

Amount of
Increase/Decrease(B–A)
Percentage Changed(%)(Reference)Previous FY results(FY Ended March2008)

Net income(after deductionof income tax forprior periods) *The Company plans to announce its consolidated operating results for the current period on May 13,2009.

*Note: Funai Electric Co., Ltd. received a rectification notice from the Osaka Regional Taxation
Bureau on June 16, 2008. The total supplementary tax based on this notice is ¥16.8 billion,
which the Company has reported as income taxes for prior periods. Because Funai ElectricCo., Ltd. has already brought a case to the Osaka Regional Court for the cancellation of thetaxation disposition, for information purposes net income for the fiscal year is also shown
before deduction of the supplementary tax amount.

For details concerning this supplementary tax assessment, please refer to the press releases
on June 16 and November 14, 2008.

2. Reasons for revision of consolidated results forecast
Since October 2008, there has been a marked downward trend in prices for key products such as
LCD televisions as sales have stagnated in the United States, one of the major markets for the Funai
Group, as a result of weakened consumer confidence against the backdrop of a rapid economic
slowdown. These conditions did not improve during the year-end sales season, normally a period ofpeak demand, and the severe business environment continued during the fourth quarter as well.
Given such market circumstances, in information equipment net sales were generally in line with theCompany’s projection, while in the audiovisual equipment category sales of LCD televisions, Blu-ray
Disc players and television set-top boxes* for the U.S. market fell slightly below projected results.
With regard to earnings, operating income exceeded the Company’s projection as a result of inventory
reductions and other measures.
Ordinary income was also higher than projected. This reflected the increase in operating income, aswell as the fact that the Company did not incur any additional exchange rate losses as depreciation of
the yen in the fourth quarter was greater than anticipated.

Based on the above reasons, the Company has revised the net sales, operating income, ordinary
income, and net income projections for the consolidated fiscal year announced on February 2, 2009.

(Notes)
The aforementioned estimates are forward-looking statements about the future performance of Funai
Electric Co., Ltd. and are based on management’s assumptions and beliefs in light of information
currently available, and involve known and unknown risks and uncertainties.

*Devices to convert digital signals into analog signals, enabling viewers to watch terrestrial digital
broadcasting on traditional analog televisions. Terrestrial analog broadcasting in the United States isscheduled to end in June 2009.