Hitachi Construction Machinery

Global

Revision of business forecast for the fiscal 2004, ending March 31, 2004

25 Aug, 2003

The contents is the following.

Millions of Yen
Business forecast/Consolidated
Ž Fiscal 2004 (The year ending March 31, 2004) Fiscal 2003 (The year ended March 31, 2003)
Interim period Fiscalyear
Previous forecast* (A) Revision forecast (B) (B) – (A) % Previous forecast (A) Revision forecast(B) (B) – (A) %
Net sales 172,000 185,000 13,000 7.6 345,000 370,000 25,000 7.2 328,496
Ordinary income 7,400 8,000 600 8.1 14,000 18,000 4,000 28.6 9,880
Net income 1,500 3,500 2,000 133.3 6,000 8,500 2,500 41.7 3,883
Millions of Yen
Business forecast/Non-Consolidated
Ž Fiscal 2004 (The year ending March 31, 2004) Fiscal 2003 (The year ended March 31, 2003)
Interim period Fiscalyear
Previous forecast* (A) Revision forecast (B) (B) – (A) % Previous forecast(A) Revision forecast(B) (B) – (A) %
Net sales 104,000 118,500 14,500 13.9 210,000 242,000 32,000 15.2 202,174
Ordinary income 3,500 4,800 1,300 37.1 10,000 14,300 4,300 43.0 13,103
Net income 1,000 1,800 800 80.0 5,000 6,200 1,200 24.0 3,544

*Previous forecast was announced on April 25, 2003.

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