Notice regarding revised financial forecast NGK SPARK PLUG CO., LTD. October 30, 2014

URL http://www.ngkntk.co.jp
Stock listing Tokyo 1st section, Nagoya 1st section
Code number 5334
Head office 14-18 Takatsuji-cho, Mizuho-ku, Nagoya, Aichi, 467-8525, Japan
Representative Shinichi Odo, President

Notice regarding revised financial forecast

We, as NGK SPARK PLUG CO., LTD., notify the following revision of our financial forecast for the fiscal year ending March 31, 2015. It is revised from the previous forecast announced on May 8, 2014.

Consolidated forecast (From April 1, 2014 to March 31, 2015):


(Millions of yen) (Yen)

Net sales Operating income
Ordinary
income Net income
Net income per share
Previous forecast (A) 334,000 62,000 64,000 40,500 186.09
Revised forecast (B) 341,500 64,000 68,500 39,000 179.20 (B)-(A) (C) 7,500 2,000 4,500 (1,500) -
(C)/(A) 2.2% 3.2% 7.0% (3.7%) -
(Reference)
Fiscal year ended

March 31, 2014 329,758 51,661 54,960 32,704 150.26
Note: Assumed exchange rates in the latter half of the fiscal year are;
1 U.S. dollar = 105 Yen 1 Euro = 135 Yen

Reason for the revision:


Due to the circumstances such as the yen weaker than our assumption, net sales, operating income and ordinary income are expected to exceed the previous forecast announced on May 8, 2014. However, due to the situations such as recognizing the loss on violation of antitrust law as extraordinary loss in the second quarter, net income is expected to be below the previous forecast. Therefore, we revise our forecast for this fiscal year as above.

Disclaimer statements:

The above forecast is based on information available at the time of this announcement. Therefore, we cannot guarantee accuracy and completeness of the forecast due to various factors.

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