|July 27 , 2012|
|To Whom It May Concern:|
|Funai Electric Co., Ltd.
President and CEO: Tomonori Hayashi
(Code No.: 6839 First Section of TSE/OSE)
Notice concerning foreign exchange loss (non-operating expenses)
We hereby provide notice as follows concerning the foreign exchange loss occurring during the first quarter of the fiscal year ending March 31, 2013 (April 1, 2012 – June 30, 2012).
1. Posting of foreign exchange loss (non-operating expense)
Due to the recent strength of the Japanese yen against the other major currencies in the foreign exchange markets, the Company posted a foreign exchange loss of ¥1,265 million as a non-operating expense in the first quarter of the fiscal year ending March 31, 2013.
This occurred mainly due to valuation losses on the Company’s assets and liabilities denominated in foreign currencies arising during the first quarter of the fiscal year ending March 31, 2013. The amount will fluctuate according to future movements of the foreign exchange market.
2. Effect on results
This has had no effect on forecasts for the second quarter (aggregate) or full-year results, but prompt disclosure will be made in the event that adjustment is required in consideration of future circumstances or performance.
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