TOYO DENKI SEIZO K.K. Lowers Consolidated Full-year Outlook for FY 2012

TOYO DENKI SEIZO K.K. announced that it has lowered its consolidated full-year outlook for revenue from JPY 40,800 million to JPY 40,000 million, operating profit from JPY 2,600 million to JPY 1,800 million, ordinary profit from JPY 2,600 million to JPY 1,800 million, net profit from JPY 1,300 million to JPY 750 million and earning per share from JPY 28.48 to JPY 16.43, for the fiscal year ending May 2012. The Company lowered the outlook due to the decreased sales, the higher materials price and the increased tax cost, among others.