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Toda Corporation Amends Consolidated Mid-year and Full-year Outlook for FY 2013
Toda Corporation announced that it has maintained its consolidated mid-year outlook for revenue of JPY 229,000 million, operating profit of a loss of JPY 5,200 million and ordinary profit of a loss of JPY 4,700 million, but lowered the outlook for net profit from a loss of JPY 2,600 million to a loss of JPY 4,100 million and earning per share from a loss of JPY 8.35 to a loss of JPY 13.17, for the fiscal year ending March 2013. The Company has also maintained its consolidated full-year outlook for revenue of JPY 477,800 million, operating profit of JPY 4,100 million and ordinary profit of JPY 5,200 million, but lowered the outlook for net profit from JPY 2,700 million to JPY 1,200 million and earning per share from JPY 8.67 to JPY 3.85, for the fiscal year ending March 2013. The Company lowered the outlook due to the record of JPY 2,829 million extraordinary loss on revaluation of investment securities, among others.
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