Press Release
November 9, 2015
To Whom It May Concern:
Funai Electric Co., Ltd.
Representative Director
President and CEO: Tomonori Hayashi(Code No.: 6839 First Section of TSE)

Notice of differences between second quarter consolidated forecasts and actual
results, The recording of non‐operating expenses, and Revision to consolidated
forecasts for the fiscal year ended March 31, 2016
Osaka, Japan – Funai Electric Co.,Ltd.(“Funai”) announced differences between second quarter consolidated
forecasts and actual results, the recording of non‐operating expenses (foreign exchange loss) and a revision
to consolidated forecasts for the fiscal year ended March 31,2016, which were announced on May 11,2015.

1. Differences between second quarter consolidated forecasts and actual results(April 1, 2015 to September 30, 2015)
Net Income(loss)

Net Income(loss)Per
Share

Operating
Income(loss)

Ordinary
Income(loss)

Million yen

Million yen

Million yen

Million yenyen

91,100(1,400)(1,800)(2,100)(61.55)

Actual Results (B)86,898(5,442)(6,744)(7,646)(224.13)Net Change (B‐A)(4,202)(4,042)(4,944)(5,546)Net Change (%)(4.6%)－－－

115,808

1,332

2,785

2,624

Net Sales
Previous Forecast
announced on May 11, 2015 (A)(Reference)
Actual for the Previous Term
(Year ended September 30, 2014)attributable toowners of parent

76.94

2. Revision to consolidated forecasts for this fiscal year (April 1, 2015 to March 31, 2016)
Net Income(loss)

Net Income(loss)Per
Share

Operating
Income(loss)

Ordinary
Income(loss)

Million yen

Million yen

Million yen

Million yenyen

220,000

1,600

1,200400

11.72

Revised Forecast (B)187,900(6,000)(7,500)(9,500)(278.44)

Net Change (B‐A)(32,100)(7,600)(8,700)(9,900)Net Change (%)(14.6%)－－－(Reference)
Actual for the Previous Term
(Year ended March 31, 2015)

217,088

564

1,924

1,354

Net Sales
Previous Forecast
announced on May 11, 2015 (A)attributable toowners of parent

39.70

3. Reasons for differences between second quarter consolidated forecasts and actual results
Although the sale of SANYO products (LCD TVs and BD‐related products) was strong, net sales was lower
than previous forecast due to intensifying price competition in some LCD TVs markets. Operatingincome was lower than previous forecast due to a decline in net sales and deterioration of profitability
in Mexican market because of the depreciation of Mexican peso. Ordinary income and net income
attributable to owners of parent were lower than previous forecast because of foreign exchange losses
in addition to the factors noted above.

4. Recording of non‐operating expenses (Foreign exchange loss)
Funai recorded ¥1,381 million as foreign exchange loss in non‐operating expenses because of thedepreciation of Mexican peso. The above amounts might change depending on the situation of thefuture foreign exchange market.

5. Reasons for revision to consolidated forecasts for this fiscal year
From the third quarter, the economy of the United States is expected to remain strong, but businesssituation will be uncertain due to the slowdown in employment and consumption compared withexpectations. Moreover, the demand for LCD TVs is estimated to go further downward. As the result
reflects the financial results of the 6‐month, the forecast for net sales, operating income, ordinary
income, and net income attributable to owners of parent has been revised downward.
(Note)
The above forecasts are based on information currently available to the Group and contain risk anduncertainty. Actual results may differ from these forecasts due to various factors including changes in theeconomic conditions of overseas markets such as the United States, and significant fluctuations in productprices and foreign exchange.

For further information, please contact
Investors and Public Relations OfficeE‐mail: investor_relations@funai.co.jp