Key Developments: Okumura Corp (1833.T)

1833.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

OKUMURA CORP raises consolidated full-year outlook for FY 2014
Friday, 2 May 2014 02:00am EDT 

OKUMURA CORP:Says the company increased the consolidated full-year outlook for revenue to 193,020 million yen from 189,400 million yen for the fiscal year ended March 2014.Operating profit forecast increased to 2,310 million yen from 1,200 million yen.Ordinary profit forecast increased to 3,780 million yen from 2,300 million yen.Net profit forecast increased to 3,750 million yen from 2,000 million yen.Earnings per share increased to 18.78 yen from 10.02 yen.FY 2014 revenues of 193.02 billion yen, reported net profit of 3.75 billion yen – Thomson Reuters I/B/E/S.Comments that orders increase and holdings construction progress, as well as gross margin increase of the engineering business and foreign exchange gain are the main reasons for the forecast.  Full Article

OKUMURA CORP Lowers Consolidated Mid-year Outlook for FY 2014
Wednesday, 6 Nov 2013 03:00am EST 

OKUMURA CORP announced that it has lowered consolidated mid-year outlook for revenue from JPY 91,200 million to JPY 79,050 million, operating profit (loss) from JPY 100 million to JPY (910 million), ordinary profit from JPY 800 million to JPY 170 million, net profit from JPY 650 million to JPY 120 million, earnings per share from JPY 3.25 to JPY 0.6 for the fiscal year ending March 2014. The negative outlook is mainly due to delay of construction work.  Full Article

OKUMURA CORP Raises Consolidated Full-year Outlook for FY 2013
Thursday, 2 May 2013 02:00am EDT 

OKUMURA CORP announced that it has raised its consolidated full-year outlook for revenue from JPY 182,000 million to JPY 196,550 million, operating profit from JPY 900 million to JPY 1,330 million, ordinary profit from JPY 2,000 million to JPY 3,560 million, net profit from JPY 1,300 million to JPY 2,680 million and earning per share from JPY 6.51 to JPY 13.42 for the fiscal year ended March 31, 2013. The positive outlook is mainly due to the better-than-expected progress of construction work in hand, as well as improvement of gross margin profit of civil engineering business and real estate business. According to I/B/E/S Estimates, analysts on average were expecting the Company to report full-year revenue of JPY 180 billion, operating profit of JPY 0.50 billion and net income of JPY 1.30 billion.  Full Article

OKUMURA CORP Amends Consolidated Mid-year Outlook for FY Ending March 2013
Tuesday, 6 Nov 2012 01:00am EST 

OKUMURA CORP announced that it has lowered its consolidated mid-year outlook for revenue from JPY 99,900 million to JPY 82,690 million, operating profit (loss) from JPY (50 million) to JPY (1,320 million), net profit from JPY 750 million to JPY 330 million and earning per share from JPY 3.75 to JPY 1.65, and raised its consolidated mid-year outlook for ordinary profit from JPY 800 million to JPY 1,020 million, for the fiscal year ending March 2013. This is due to the decreased civil engineering businesses, the recording of loss on valuation of investment securities, as well as the decreased selling and general administrative expenses.  Full Article

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