Nomura Research Institute, Ltd. (NRI) announced that it has revised the full-year forecasts of consolidated financial results for the fiscal year ending March 31, 2012, which it had previously disclosed on June 17, 2011.
- 1. Revision to forecasts of consolidated financial results for the fiscal year ending March 31, 2012 (April 1, 2011 to March 31, 2012)
|Previous forecasts (A)
|Current forecasts (B)
|Reference: Results for the fiscal year ended March 31, 2011
- 2. Reasons for revisions
- The Group has expanded its client and business base and has worked to reinforce its project management in the first half of this fiscal year. Sales for the first half were generally in line with previous forecasts (0.9% over forecast). NRI expects results to meet forecasts in the second half of the fiscal year as well, and anticipates that sales in the fiscal year as a whole will increase only to the extent of the difference between the forecast and actual sales in the first half. Moreover, operating profit, ordinary profit and net income exceeded the previous forecasts in the first half. NRI expects profit for the fiscal year as a whole to exceed the previous forecasts as a result of its continuing efforts to strengthen project management in the second half. Accordingly, NRI has revised its full-year forecasts for this fiscal year as shown above.
- Sales and profit figures forecast in this release are based on information available to management at the present time. As such, this forecast contains risk and uncertainty. Readers should be aware that actual sales and profits may differ from this forecast.