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financial forecast |
Also found in: Financial, Wikipedia | 0.02 sec. |
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Tokyo, Japan, Apr 21, 2006 - (JCN Newswire) - NEC Corporation today revised its financial forecast for the fiscal year ended March 31, 2006, which was previously announced on October 27, 2005. Rather than creating an annual financial forecast that remains static for the year, he and his colleagues now produce an 18-month budget and then update projections every month--in effect, recalculating the whole budget. It includes a financial forecast that determines how much money will be required and when; it also projects the company's operating results. |
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