For Immediate Release: October 27, 2004 JVC Announces Revision of Business Forecast for Fiscal 2005 Reflecting our current severe business conditions, Victor Company of Japan, Limited (JVC) revised its earlier business forecast for fiscal 2005 (April 1, 2004 through March 31, 2005) as in the tables below. Previous forecast was announced on April 27, 2004, along with business results for fiscal 2004. 1. Revision of consolidated business forecast for fiscal 2005, ending March 31, 2005 Millions of yen
2. Revision of non-consolidated business forecast for fiscal 2005, ending March 31, 2005 Millions of yen
3. Reason for revision Falling prices resulting from heightened competition in the domestic and international markets for digital appliances negatively affected our business performances. # # # |
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