TAKAGI SEIKO CORP Amends FY 2012 Outlook; Lowers Midterm and Year-end Dividend Outlook for FY Ending March 2012

TAKAGI SEIKO CORP announced that it has raised its consolidated mid-year outlook for revenue from JPY 22,990 million to JPY 24,003 million, ordinary profit (loss) from JPY (240 million) to JPY (201 million), but lowered its consolidated mid-year outlook for operating profit (loss) from JPY (150 million) to JPY (169 million), net profit (loss) from JPY (560 million) to JPY (590 million) and earning per share (loss) from JPY (41.65) to JPY (43.90) for the fiscal year ending March 31, 2012. The Company also raised its consolidated full-year outlook for revenue from JPY 48,150 million to JPY 50,100 million, ordinary profit from JPY 970 million to JPY 990 million, but lowered its consolidated full-year outlook for operating profit from JPY 1,250 million to JPY 1,190 million, net profit from JPY 270 million to JPY 150 million and earning per share from JPY 20.08 to JPY 11.15 for the same fiscal year. This is due to the increased production of automobile business and increased sale of personal computer parts, as well as the recording of JPY 66 million loss on valuation of investment securities. The Company also lowered its midterm dividend outlook from JPY 1.50 per share, which was announced on August 5, 2011, to JPY 1.00 per share, and lowered its year-end dividend outlook from JPY 2.50 per share, which was announced on August 5, 2011, to JPY 2.00 per share, for the same fiscal year.