For release
Immediately
Representative Akira Kiyokawa, PresidentContact
Investor Relations Office
: 81-3-3365-8011
Fax : 81-3-3365-8070
Stock Code No. 8564 TYOSE
(Consolidated)
Operating
Operating
Ordinary
Net Income Net Income
Revenues
Income
Income
per Share
(million yen) (million yen) (million yen) (million yen) (yen)
Previous forecast(A)(announced onNovember 6, 2008)Currnet forecast(B)Change (B-A)Rate of change (%)(Reference)The previous fiscalyear endedMarch 2008
-1,938.50
100.63
-264,100-267,100
-
14,105
-222,700-236,200
-
42,285
-218,100-235,600
-
44,781
185,700
-5,200
-2.7
270,479
15-1 Nishi-Shinjuku 8-chome,Shinjuku-ku, Tokyo 163-8654 Japan
February 13, 2009
Tel
190,900
17,500
13,500
3,000
21.96
Announcement of Revisions to Operating Results Forecasts, Dividends Forecast and
Reduction of Directors’ Compensation
Based on the recent trend of business results, Takefuji Corporation announces revisions to itsfull-year operating results forecasts for the fiscal year ending March 2009 (from April 1,2008 to March 31, 2009), which were published on November 6, 2008, and fourth quarterdividends forecast, which were published on May 23, 2008, as below.Along with this revision, we also announce the reduction of directors’ compensation.
Details
1. Revisions to operating results forecasts(1) Revisions to operating results forecasts for FY2008(from April 1, 2008 to March 31, 2009)

(Non-consolidated)
Operating
Operating
Ordinary
Net Income Net Income
Revenues
Income
Income
per Share
(million yen) (million yen) (million yen) (million yen) (yen)
Previous forecast(A)(announced onNovember 6, 2008)Currnet forecast(B)Change (B-A)Rate of change (%)(Reference)The previous fiscalyear endedMarch 2008
Effect DatePrevious forecast(A)
yen
yen
yen
(announced onMay 23, 2008)Currnet forecastActual results(Reference)The previous fiscalyear endedMarch 2008
50.00
-
180.00
30.00
90.00
-
90.00
30.00
-
30.0020.00
60.00
93.20
Dividends per share
Second Quarter
Fourth Quarter
Full Year
269,452
43,741
40,666
13,064
-2.6
-
-
-
-5,000
-235,300
-236,000
-266,900
15.37
185,000
-218,900
-223,600
-264,800
-1,943.64
190,000
16,400
12,400
2,100
(2) Main reasons of operating results forecasts revisionsAs for operating revenues, interest income on direct cash loans are expected to decreasealong with the decrease in direct cash loans to customers and lowering of interest rate.Operating expenses are expected to increase significantly due to factors including a largeamount increase of allowance for losses for refund of interest received from customers andearly write-off of non-performing loans. These measures were conducted prior to Medium-Term Business Plan, with an objective of stably securing profit after full enforcement ofMoney Lending Business Law, considering the severe business environment where refundclaims are at high level.In a severe business environment, we will further advance management efficiency byreadjusting organization and system, as well as addressing improvement of financialstructure, in order to bolster revenue base.
2. Revisions to the fourth quarter dividends forecasts(1) Revisions to the fourth quarter dividends forecasts

(2) Main reasons of dividends forecasts revisionsWe will revise the fourth quarter dividends forecast from 30 yen as previously announced to20 yen because the full year operating results are expected to significantly decrease asdescribed in section 1.We give the first priority to return of profit to shareholders and consider that shareholders’return through continuing long-term stable profit distribution as the principle. Therefore, wework to maintain capital policy focusing on profit distribution even though the businessenvironment is severe.
3. Reduction of directors’ compensationWe take the revisions of operating results forecasts and dividends forecasts and will reducethe full-time directors’ and executive officers’ monthly compensation by 10 to 30 % for thetime being from March 2009, in order to clarify management responsibility.We also would like to announce that, considering recent various factors, full-time corporateauditors offered partial reduction of their compensation as voluntary return.
NoteThe above forecasts and figures in the statements are based on beliefs in light of informationcurrently available as of the date of this announcement. Final business results may differfrom the forecasts above as a result of various factors and future events.