Note) This translation is prepared and provided for readers' convenience only. In the event of any discrepancy between this translated document and the original Japanese document, the original document shall prevail.
March 23, 2012
TO WHOM IT MAY CONCERN
Company Name: Nihon Unisys, Ltd.
Representative: Shigeru Kurokawa, President & CEO Stock code:
8056
Stock listing: Tokyo Stock Exchange, First Section
For inquiries: Katsuhiro Ohtomo
General Manager, Corporate Communications
+81-3-5546-7404
Nihon Unisys, Ltd. announces that it will record an
extraordinary loss for the consolidated and non-consolidated
financial results for the fiscal year ending March 2012 (from
April 1, 2011 to March 31, 2012).
(1) Summary and Background
As was announced in the "news report released by part of
media about our company" as of February
29, 2012, the corporate pension fund of Nihon Unisys, Ltd.
had operated part of the pension assets through AIJ
Investment Advisors Co., Ltd. pursuant to a discretionary
investment contract. Nihon Unisys., Ltd. judged that most of
the contract assets were damaged. Thus, the Company will
record an extraordinary loss of approx. ¥5.5 billion for the
consolidated financial results and an extraordinary loss of
approx. ¥4.1 billion for the non-consolidated financial
results for the fiscal year ending March 2012.
(2) Future Prospects
With regards to the full-year performance forecast for the
fiscal year under review, the Company will announce without
delay any revisions deemed necessary.
distributed by | This press release was issued by Nihon Unisys Ltd. and was initially posted at http://www.unisys.co.jp/invest-e/announcement20120323.pdf . It was distributed, unedited and unaltered, by noodls on 2012-03-23 11:36:27 AM. The issuer is solely responsible for the accuracy of the information contained therein. |