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| March 18, 2004 |
| To Whom It May Concern |
Eiji Tanaka
President & CEO
BB Net corp
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We hereby would like to announce that the forecasted numbers of sales and profits for the fiscal year 2004 (From August 2003 till July 2004) are revised as follows. |
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| 1. Consolidated (From August 2003 till July 2004) |
| (Million Yen) |
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Sales |
Current Profit |
Profit After Tax |
| Previous Forecasts(A) |
3,500 |
290 |
190 |
| Revised Forecasts (B) |
3,800 |
360 |
200 |
| Increase / (Decrease) (B-A) |
300 |
70 |
10 |
| Inc./Dec. in % |
8 |
24 |
5 |
Previous Interim Period
(From August 2002 till July 2003)
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1,761 |
41 |
89 |
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| 2. Parent Company (From August 2003 till July 2004) |
| (Million Yen) |
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Sales |
Current Profit |
Profit After Tax |
| Previous Forecasts(A) |
2,000 |
240 |
140 |
| Revised Forecasts (B) |
2,200 |
430 |
230 |
| Increase / (Decrease) (B-A) |
200 |
190 |
90 |
| Inc./Dec. in % |
10 |
79 |
64 |
Previous Interim Period
(From August 2002 till July 2003)
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1,580 |
160 |
236 |
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| 3. Reason for the revision |
In the interim period (from August 2003 through January 2004), sales and profits were higher primarily due to higher system sales for the period. These systems were sold to our alliance companies who operate them in order to progress “Shop Support” scheme with BB Net.
Considering the expected growth of food wholesale due to an alliance with Universal Food Co., Ltd. and commencements or growth of new businesses such as confectionary production and FC development in the latter half of the year, we have revised the full year forecasts of sales and profits as mentioned above.
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