Tokyo, February 4, 2010 – SANYO Electric Co., Ltd. (SANYO) has revised the forecast for the Fiscal Year ending March 31, 2010 (FY2010; for the period from April 1, 2009 through March 31, 2010) announced on October 29, 2009.

　The net sales forecast for the fiscal year ending March 2010 has been changed to 1,600 billion yen, a decrease from the previous forecast by 60 billion yen, primarily due to the prolonged slump in the global economy. Losses from continuing operations before taxes is forecasted to increase to 36 billion yen, an increase of 14 billion yen from the previous forecast, caused by following additional expenditures: 1) additional structural reforms and the sale of assets aiming for earnings recovery (approx. 5.0 billion yen), 2) increased amount related to the tender offer by Panasonic for SANYO shares (approx. 5.0 billion yen), and 3) amount needed to handle issues related to washer/dryer recalls and the recently performed CRT TV recalls (approx. 4.0 billion yen). Net loss attributable to SANYO is forecasted to be 50.0 billion yen, an increase of 20.0 billion yen from the previous forecast, due to increasing expenditures such as provision for income taxes (approx. 6.0 billion yen) mainly caused by the earnings recovery by overseas subsidiaries.
　Operating income is forecast to remain the same.

　All statements in this report, other than past factual matters, are future results projected in accordance with SANYO’s present plans, outlooks and strategies, based on management judgments in light of information currently available. Therefore, SANYO cannot guarantee the accuracy and reliability of this information, and requests that you should not rely on this information alone.
　There are various factors influencing business forecasts such as business risks and uncertainties. The principal factors that may cause changes in the forecasts includes: 1) large changes in economic conditions and capital markets, as well as consumption changes in businesses SANYO engages in, 2) the effects on SANYO’s international business activities of fluctuation in exchange rates between the yen and the U.S dollar, as well as the yen and other currencies, 3) various trade restrictions in the markets of individual countries, and 4) SANYO’s ability to provide new technologies, new products and new services amid rapid technological innovation, market competition and price competition. However, it should be noted that factors affecting SANYO’s performance are not limited to those mentioned above; there are other factors that pose latent risks and uncertainties.