Announcement of the Revisions to Business Performance

Mabuchi Motor Co., Ltd. hereby announces that it has revised the expected consolidated business performance of full-year for the fiscal year (from January 1, 2009 to December 31, 2009), which had been announced on August 7, 2009 as follows:

Revisions to the expected full-year business performance for the fiscal year

Expected full-year consolidated business performance (from January 1, 2009 to December 31, 2009)

	Net sales	Operating income	Ordinary income	Net income	Net income per share(Yen and sen)
Expected performance announced last time(A)	66,000	0	1,900	3,800	108.45
Expected performance revised this time(B)	69,000	1,500	3,400	5,300	151.26
Increase(B-A)	3,000	1,500	1,500	1,500	-
Increase rate (%)	4.5	-	78.9	39.5	-
Reference: Actual results for Previous Year	92,602	5,652	7,872	3,565	94.77

Reason for revisions

As for the outlook for the whole financial year, there are signs that demands have been recovering as the inventory adjustments in markets seem to have almost finished though the degree of recovery varies depending on the country and region. Among all, automobile sales in developing countries are on the trend of increase though those in the developed countries are unenlivened yet and seem to require a fair amount of time until full-fledged recovery.
As for our markets, the future of demands in the next period is still unclear. However, demands have been increasing for the second quarter and the third quarter consecutively and we foresee demands for the fourth quarter will be more than we expected. Thus we revised our sales forecast for the whole financial year to 69,000 million yen (increase of 4.5% from our last forecast). Also we revised the last forecast (announced on August 7, 2009) for operating income, ordinary income and net income respectively.
There is no revision to the originally expected annual dividend for the fiscal year.

Contact: Shunroku Nishimura, Managing Director (Tel: +81-47-710-1127)