NGK Spark Plug Co Ld - Revised Financial Forecast

RNS Number:0568S
NGK Spark Plug Co., Ltd
10 April 2008

NGK SPARK PLUG CO., LTD. April 9, 2008

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, 467-8525, Aichi, Japan

Representative Norio Kato, President

Notice regarding revised financial forecast

We, as NGK SPARK PLUG CO., LTD, notify the following revision to our financial
forecast for fiscal year ended March 31, 2008. It has been revised from the
previous forecast announced on October 30, 2007.

Consolidated forecast (From April 1, 2007 to March 31, 2008):

(millions of yen)
----------------------------------------------------------
Net sales Operating income Ordinary income Net income
--------------------------------------------------------------------------------
Previous forecast (A) 341,000 42,000 44,100 27,700
Revised forecast (B) 345,700 35,000 35,000 22,000
(B)-(A) (C) 4,700 (7,000) (9,100) (5,700)
(C)/(A) 1.4% (16.7%) (20.6%) (20.6%)
Fiscal year
ended March 31, 2007 344,891 52,401 53,855 34,072
--------------------------------------------------------------------------------
(reference) Earnings per share of revised forecast 100.27 yen

Reason for the revision:

Net sales is expected to be higher than previous forecast, due to growth of
spark-plugs for aftermarket chiefly in Europe and Asia. On the other hand,
earnings is expected not to achieve the previous forecast. The primarily reasons
are as follows:

- Rapid depreciation of U.S. dollar in the 4th quarter of this fiscal year; and

- Loss of approximately 3 billion yen on write-down of inventories, due to early
adoption of ASBJ Statement No. 9, "Accounting Standard for Measurement of
Inventories".

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.

This information is provided by RNS
The company news service from the London Stock Exchange
END

MSCGCGDSCUBGGIG