msad_2014_2q_e

13/33 -　Projected Financial Results for FY2014

・ Let’s go on to page 9. ・ Considering the results and environment that I have just described, we have revised our projected ordinary profit for FY2014 up 80.0 billion yen and net income up 20.0 billion yen. ・ The increase in the ordinary profit forecast includes gains on sales of securities for adding approximately 50.0 billion yen to the price fluctuation reserve fund. ・ We have decided that to prepare for market fluctuations, we should expand the price fluctuation reserve fund, given the current favorable market environment, to secure an amount exceeding the level before the Lehman crisis.