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News Release
July 20, 2011
Notice - regarding amendments to the financial and dividend forecasts


Daito Trust Construction Co., Ltd would like to announce amendments to the financial forecasts and the dividend forecasts per share for the year ending March 31, 2012, released on May 10, 2011.

1. Amendments to the financial forecasts for the second quarter of the year ending March 31, 2012
(for the period from April 1, 2011 to September 30, 2011)


【Consolidated】  (millions of yen)
   
Net Sales
Operating
Income
Ordinary
Income
Net Income
Net Income per share
Previous Forecasts
(A)
493,750
27,200
27,600
16,300
202.21yen
Revised Forecasts
(B)
510,000
35,400
36,200
21,500
266.72yen
Difference
(B−A)
16,250
8,200
8,600
5,200
Rate of Difference
(%)
+3.3%
+30.1%
+31.2%
+31.9%
Actual results of
Interim FY2010
472,925
33,498
36,052
21,112
183.05yen

【Non-Consolidated】  (millions of yen)
   
Net Sales
Operating
Income
Ordinary
Income
Net Income
Net Income per share
Previous Forecasts
(A)
203,850
18,400
19,100
11,200
138.94yen
Revised Forecasts
(B)
219,700
24,800
25,900
15,200
188.56yen
Difference
(B−A)
15,850
6,400
6,800
4,000
Rate of Difference
(%)
+7.8%
+34.8%
+35.6%
+35.7%
Actual results of
Interim FY2010
207,722
26,579
29,344
17,096
148.24yen

 1)Reasons for amendments

 Sales and income will exceed the original plan because of the reasons belowed.
・Sales on construction will be increased by the advanced construction starts to the original plan, because the applicable period of the eco-point system for the housing construction was deteremined to be shortened from the end of December to July.
・The outlook on sales on construction at the disastered area (not originally planed) was secured.


2. Amendments to the financial forecasts for the year ending March 31, 2012
(for the period from April 1, 2011 to March 31, 2012)


【Consolidated】  (millions of yen)
   
Net Sales
Operating
Income
Ordinary
Income
Net Income
Net Income per share
Previous Forecasts
(A)
1,068,850
77,700
79,000
46,500
576.85yen
Revised Forecasts
(B)
1,075,950
80,000
81,300
48,000
595.46yen
Difference
(B−A)
7,100
2,300
2,300
1,500
Rate of Difference
(%)
+0.7%
+3.0%
+2.9%
+3.2%
Actual results of
FY2010
1,001,169
73,767
78,005
43,151
384.28yen

【Non-Consolidated】  (millions of yen)
   
Net Sales
Operating
Income
Ordinary
Income
Net Income
Net Income per share
Previous Forecasts
(A)
474,850
57,000
59,600
35,000
434.19yen
Revised Forecasts
(B)
481,950
59,300
61,900
36,400
451.56yen
Difference
(B−A)
7,100
2,300
2,300
1,400
Rate of Difference
(%)
+1.5%
+4.0%
+3.9%
+4.0%
Actual results of
FY2010
460,230
61,532
66,707
37,815
336.77yen

 1)Reasons for amendments

 The outlook on sales on construction at the disastered area (not originally planed) was secured.

3. Amendments to the dividend forecasts

   
   
Dividend per share
Interim
Year-end
Total
Previous Forecasts
144.00
144.00
288.00
Revised Forecasts
148.00
149.00
297.00
Actual results of FY2011
-
-
-
Actual results of FY2010
98.00
131.00
229.00


4. The financial forecasts for the first quarter of the year ending March 31, 2012
(for the period from April 1, 2011 to June 30, 2011)


【Consolidated】  (millions of yen)
   
Net Sales
Operating
Income
Ordinary
Income
Net Income
Net Income per share
Forecasts of 1Q FY2011
224,900
7,800
8,200
5,100
63.27yen
Actual results of 1Q FY2010
216,227
8,983
10,078
5,807
50.35yen

The details of 1Q financial highlights for the year ending March, 2012 will be announced at the earnings announcement on July 29.

NOTE : The above forecasts are based on assumptions and information available at the time of the announcement and therefore actual results might be changed in the future.
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Copyright 2009 Daito Trust Construction Co., Ltd.