OREANDA-NEWS. August 02, 2011. The financial forecast and dividend forecast announced on May 13, 2011 have been revised based on recent business trend as follows, reported the press-centre of TEL.

Reason for revision
Semiconductor device prices fell because of the effects of inventory adjustments of smartphones, tablet PCs, and other products, and semiconductor makers are rapidly restraining their capital investment. As a result, although no changes were made to the financial forecasts for the first half of the fiscal year, sales in the semiconductor production equipment segment in the second half are expected to fall below the previous prediction, and we have revised its consolidated financial forecasts for the full fiscal year announced on May 13, 2011.

Note: The content of the financial forecast as described in this financial statement is based on certain reasonable assumptions, drawing on the information currently available such as the economic situation in Japan and throughout the world and other variable factors that have impact on the financial results of the Company.

These assumptions may be influenced by market conditions, competitive conditions, the introduction of new products and their success or failure, the global condition of the semiconductor industry and other uncertainties. Therefore, actual sales and profit may differ significantly from the forecast.

Full reports see here: http://www.tel.com/eng/news/2011/0801_001.htm