News Release 2006

July 3, 2006
Notice of Revised Financial Forecast

Listed company name: YASKAWA Electric Corporation
http://www.yaskawa.co.jp/en/
President: Koji Toshima
Stock exchange listings: Tokyo, Fukuoka
Stock ticker number: 6506

 The financial forecast for the fiscal year 2006 (March 21, 2006 to March 20, 2007) announced on April 27, 2006 has been revised as a result of sale of a subsidiary by means of stock transfer.
 The business results for the first quarter and the financial forecast will be disclosed on July 27, 2006.

1. Revision of financial forecast for the first half of fiscal year 2006
   (March 21, 2006 to September 20,2006)

(1) Consolidated (Millions of yen)
  Net Sales Ordinary income Net income
Previous Forecast Announced
on April 27, 2006(A)
158,000 
9,500 
3,000 
Revised Forecast (B)
158,000 
9,500 
6,895 
Change (B - A)
3,895 
Change as a Percentage
129.8% 
FY 2005 First Half Results (Reference)
146,101 
8,189 
2,748 

(2) Non-consolidated (Millions of yen)
  Net Sales Ordinary income Net income (loss)
Previous Forecast Announced
on April 27, 2006 (A)
92,000 
5,000 
50 
Revised Forecast (B)
92,000 
5,000 
5,056 
Change (B - A)
5,006 
Change as a Percentage
10,012.0% 
FY 2005 First Half Results (Reference)
87,973 
4,217 
540 

2.Revision of financial forecast for the fiscal year 2006
   (March 21, 2006 to March 20, 2007)

(1) Consolidated (Millions of yen)
  Net Sales Ordinary income Net income
Previous Forecast Announced
on April 27, 2006(A)
340,000 
27,500 
12,000 
Revised Forecast (B)
340,000 
27,500 
15,895 
Change (B - A)
3,895 
Change as a Percentage
32.5% 
FY 2005 Results(Reference)
322,916 
24,331 
10,157 

(2) Non-consolidated (Millions of yen)
  Net Sales Ordinary income Net income (loss)
Previous Forecast Announced
on April 27, 2006 (A)
202,000 
15,000 
5,000 
Revised Forecast (B)
202,000 
15,000 
10,006 
Change (B - A)
5,006 
Change as a Percentage
100.1% 
FY 2005 Results (Reference)
189,518 
13,047 
3,803 

3.Factors Relating to the Forecast Revision

 The half-year and full-year forecast of net income released on April 27, 2006 was revised as sale of a subsidiary in the U.S., which we had announced on May 8, 2006, was completed by means of stock transfer.

Note
 The information within this document is made as of the date of writing. Any forward-looking statements are made according to the assumptions of management and are subject to change as a result of risks and uncertainties. YASKAWA Electric undertakes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.


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