MORESCO <5018.T>-6-month group forecast

July 13 (Reuters) -

MATSUMURA OIL RESEARCH CORP

CONSOLIDATED EARNINGS ESTIMATES
(in billions of yen unless specified)

6 months to 6 months to

Aug 31,2009 Aug 31,2009

LATEST PREVIOUS

FORECAST FORECAST
Sales 5.46 5.40
Operating loss 20 mln loss 110 mln
Recurring prft 50 mln loss 70 mln
Net prft 10 mln loss 70 mln

NOTE - Matsumura Oil Research Corp develops lubricating
oil, other chemical products.

For latest earnings estimates made by Toyo Keizai, please
double click on 5018.TK1.