News Release 2006

July 27, 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 first half of fiscal year 2006 (March 21, 2006 to September 20, 2006) announced on July 3, 2006 has been revised based on the Company's recent business performance as follows.

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 July 3, 2006 (A)
158,000 
9,500 
6,895 
Revised Forecast (B)
166,000 
12,500 
7,500 
Change (B - A)
8,000 
3,000 
605 
Change (%)
5.1% 
31.6% 
8.8% 
FY 2005 First Half Results
146,101 
8,189 
2,748 

(2) Non-consolidated (Millions of yen)
  Net Sales Ordinary income Net income
Previous Forecast Announced
on July 3, 2006 (A)
92,000 
5,000 
5,056 
Revised Forecast (B)
100,000 
7,000 
5,600 
Change (B - A)
8,000 
2,000 
544 
Change (%)
8.7% 
40.0% 
10.8% 
FY 2005 First Half Results
87,973 
4,217 
540 


2.Factors Relating to the Forecast Revision

 The previous forecast for the first half of this fiscal year disclosed on July 3, 2006 was revised as demand in the segments of Motion Control and Robotics continues to be steady and earnings are growing.
 At this time, the 2006 full-year financial forecast remains unchanged from the forecast disclosed previously.

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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