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Mitsui Matsushima Co Ltd amends consolidated full-year outlook for FY 2014


Friday, 7 Feb 2014 02:00am EST 

Mitsui Matsushima Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 77,000 million yen from 79,000 million yen for the fiscal year ending Mar. 2014.Sees an increased operating profit forecast to 1,900 million yen from 1,500 million yen.Sees an increased ordinary profit forecast to 2,600 million yen from 1,900 million yen.Sees an increased net profit forecast to 1,400 million yen from 1,300 million yen.Sees an increased earnings per share to 10.1 yen from 9.38 yen.Comments the lower-than-expected sales of coal fuel business as the reason for the negative revenue outlook.Comments the gain on lowered exchanger rate from overseas subsidiaries as the are the main reasons for the positive profit forecast. 

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