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TODA CORP Amend Consolidated Mid-year and Full-year Outlook for FY Ending March 31, 2013; Lowers Year-end Dividend Outlook for FY Ending March 2013


Wednesday, 31 Oct 2012 02:30am EDT 

TODA CORP announced that it has lowered its consolidated mid-year outlook for revenue from JPY 229,000 million to JPY 212,800 million, operating profit (loss) from JPY (5,200 million) to JPY (14,400 million), ordinary profit (loss) from JPY (4,700 million) to JPY (13,600 million), net profit (loss) from JPY (4,100 million) to JPY (33,800 million) and earning per share (loss) from JPY (13.17) to JPY (108.56) for the fiscal year ending March 31, 2013. The Company also raised its consolidated full-year outlook for revenue from JPY 477,800 million to JPY 509,800 million, but lowered its consolidated full-year outlook for operating profit (loss) from JPY 4,100 million to JPY (19,300 million), ordinary profit (loss) from JPY 5,200 million to JPY (18,000 million), net profit (loss) from JPY 1,200 million to JPY (38,500 million) and earning per share (loss) from JPY 3.85 to JPY (123.66) for the same fiscal year. This is due to the recording of loss on valuation of investment securities. According to I/B/E/S Estimates, analysts on average are expecting the Company to report full-year revenue of JPY 484.36 billion and net profit of JPY 1.76 billion. The Company also lowered its year-end dividend outlook from JPY 6.00 per share, to JPY 5.00 per share, for the same fiscal year. 

Company Quote

548.0
-7.0 -1.26%
2:00am EDT