Bic Camera Inc. Lowers Consolidated Mid-year and Full-year Outlook for FY Ending August 2012

Bic Camera Inc. announced that it has lowered its consolidated mid-year outlook for revenue from JPY 280,000 million to JPY 262,300 million, operating profit from JPY 7,600 million to JPY 3,670 million, ordinary profit from JPY 8,700 million to JPY 4,720 million, net profit from JPY 5,000 million to JPY 1,870 million and earning per share from JPY 2,911.11 to JPY 1,088.75 for the fiscal year ending August 31, 2012. The Company also lowered its consolidated full-year outlook for revenue from JPY 595,000 million to JPY 530,000 million, operating profit from JPY 20,000 million to JPY 9,000 million, ordinary profit from JPY 22,500 million to JPY 11,000 million, net profit from JPY 12,500 million to JPY 7,000 million and earning per share from JPY 7,277.77 to JPY 4,075.55 for the same fiscal year. This is due to the decreased sale of television, recorder and digital broadcast transition businesses, as well as the influence of the flood damage.