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Yahoo! Japan Corporation

10/24/2012 | Press release

Notification of Revision in Business Outlook and in Forecast Cash Dividend for Fiscal Year Ending March 31, 2013

distributed by noodls on 10/24/2012 04:18

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To whom it may concern
October 24, 2012
Yahoo Japan Corporation
Manabu Miyasaka, President & CEO Stock code: 4689

Notification of Revision in Business Outlook and in Forecast Cash Dividend for Fiscal Year Ending March 31, 2013 (18th Term)

Yahoo Japan Corporation announced a revision in its business outlook for the full fiscal year ending March 31, 2013, that had been undecided.
●About Revision in Business Outlook
Revision of business outlook for the full fiscal year ending March 2013 (April 1, 2012 to
March 31, 2013).

Revenue

Operating income

Ordinary income

Net income

Net income

per share

Previous forecast (A)

Millions of yen

―

Millions of yen

―

Millions of yen

―

Millions of yen

―

Yen

―

Revised forecast (B)

319,000 -

325,300

173,300 -

177,000

176,000 -

179,700

107,300 -

109,600

1,849.53 -

1,889.18

Change

Amount

―

―

―

―

Change

%

―

―

―

―

Previous record

(FY2011)

302,088

165,004

167,300

100,559

1,733.81


Reason for Revision
The Group views the degree of usage of each of their services by customers as important management indicators in determining estimations of income and expenses. However, in the rapidly changing environment of the Internet, it is difficult to establish specific criteria on a rate of growth or change in these indicators. Accordingly, we disclose our performance range estimates for the next half-year term. The business outlook for the full fiscal year ending March 2013 was announced on the occasion of the disclosure of the Results for the Three Months Ended September 30, 2012.
●About Revision in Forecast Cash Dividend

Cash Dividends Per Share (¥)

Record date

End of interim

Fiscal year end

Fiscal total

Previous forecast

(Announced July. 25, 2012)

0

Undecided

Undecided

Revised forecast

―

¥370 to ¥378

¥370 to ¥378

Dividends to date

0

Previous record

(Fiscal year ended March 2012)

0

¥347

¥347


Reason for the Revision
Until now, the cash dividend for the fiscal year ending March 2013 was undecided. Based on the business performance forecast for the full fiscal year also announced today, however, the Company is revising its cash dividend forecast.
Yahoo Japan Corporation strives to earn a steady profit in each accounting period with a view to accumulating internal reserves for the purpose of strengthening its corporate structure and future business development, while at the same time flexibly returning profits to shareholders based on performance. In consideration of these circumstances, the Company has set a target of approximately 20% of consolidated net income as its forecast for dividends for the fiscal year ending March 2013.

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