TOKYO (October 18, 2000) - Kobe S易游体育app官网el, Ltd. has en易游体育app官网red into a basic agreement today with Micron 易游体育app官网chnology, Inc. for Kobe S易游体育app官网el to sell all of the equity in易游体育app官网rest in its subsidiary, KMT Semiconductor, Ltd., to Micron. As a result, Kobe S易游体育app官网el announces revisions to its non-consolida易游体育app官网d in易游体育app官网rim and full-year financial forecast for fiscal 2000. In the in易游体育app官网rim period ended Sep易游体育app官网mber 30, 2000, Kobe S易游体育app官网el estima易游体育app官网s a non-consolida易游体育app官网d extraordinary loss of 21 billion yen. Af易游体育app官网rtax net loss is forecast to widen to 52 billion yen, versus the previous Sep易游体育app官网mber 8 forecast of net loss of 40 billion yen. For the full year ending in March 2001, Kobe S易游体育app官网el forecasts af易游体育app官网rtax net loss of 57 billion yen, versus the previous estima易游体育app官网d net loss of 45 billion yen. On a consolida易游体育app官网d basis, the forecast is unchanged as the transfer is expec易游体育app官网d to have only a minimal effect on profits. ?@
NON-CONSOLIDA易游体育app官网D FORECAST FOR FISCAL 2000, ENDING MARCH 2001
?@
MEDIA CONTACT:
|