2. Reason for revision of consolidated forecast results for the first half

Net sales for LCDTV have significantly grown due to the enhancement of the product line-up after the addition of the Philips brand and both of DVD related and information equipment products have also increased in a good shape.

Although the increased revenue stream over the corresponding period of FY 2008 was already projected, the more than anticipated positive effect on profits has contributed to the improvement of profitability.

Based on the above factors, Funai Electric Co. Ltd. projects earnings will exceed its consolidated operating results forecast and has revised its consolidated operating income, ordinary income and net income for the first half announced on May 13, 2009.

3. Full-year consolidated operating results forecast (April 1, 2009 to March 31, 2010)

Funai Electric Co., Ltd. has not changed its full-year consolidated operating results forecast due to the uncertain and unclear market environment for the second half (October 1, 2009 to March 31, 2010) and will release a revised consolidated fiscal year operating results forecast if it determines changes in its results forecast are necessary.

(Notes)

The aforementioned estimates are forward-looking statements about the future performance of Funai Electric Co., Ltd. and are based on management’s assumptions and beliefs in light of information currently available, and involve known and unknown risks and uncertainties.

Various factors such as a change in economic conditions overseas (especially changes in the company’s key U.S. market) and severe price fluctuations may cause actual events and results to differ materially from those anticipated in these statements.

INQUIRIES ABOUT THIS PRESS RELEASE

Naoyuki Takanaka

Investor / Public Relations Department

TEL:+81-72-870-4395

Funai Reports Revised Forecast of Consolidated Operating Results [PDF:23KB]