Stylife Corporation Lowers Consolidated Full-year Forecast for FY 2012; Cancels Year-end Dividend Forecast for FY 2012

Stylife Corporation announced that it has lowered the consolidated full-year forecast for revenue from JPY 8,494 million to JPY 8,009 million, operating profit (loss) from JPY (265 million) to JPY (440 million), ordinary profit (loss) from JPY (275 million) to JPY (447 million), net profit (loss) from JPY (269 million) to JPY (496 million) and earning (loss) per share from JPY (12,628.13) to JPY (23,284.20) for the fiscal year ending March 31, 2012. The Company lowered the consolidated full-year outlook due to the downturn in economy and the aggravated order environment. The Company has canceled the year-end dividend forecast for the fiscal year ending March 31, 2012. The last forecast was undetermined.