Namura Shipbuilding Co., Ltd. Amends Consolidated Mid-year Outlook for FY Ending March 2012

Namura Shipbuilding Co., Ltd. announced that it has lowered its consolidated mid-year outlook for revenue from JPY 68,000 million to JPY 59,865 million, ordinary profit from JPY 3,600 million to JPY 3,577 million, net profit from JPY 2,100 million to JPY 1,571 million and earning per share from JPY 43.51 to JPY 32.55, and raised its consolidated mid-year outlook for operating profit from JPY 3,600 million to JPY 4,087 million, for the fiscal year ending March 2012. This is due to the decreased construction businesses, decreased costs, as well as the recording of loss on valuation of investment securities.