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JAPAN FOUNDATION ENGINEERING CO LTD Lowers Consolidated Full-year Outlook for FY 2013


Monday, 13 May 2013 01:00am EDT 

JAPAN FOUNDATION ENGINEERING CO LTD announced that it has lowered its consolidated full-year outlook for revenue from JPY 20,500 million to JPY 17,100 million, operating profit from JPY 50 million to a loss of JPY 376 million, ordinary profit from JPY 170 million to JPY 135 million, net profit from JPY 100 million to JPY 5 million and earning per share from JPY 3.50 to JPY 0.18 , for the fiscal year ended March 2013. The Company lowered the outlook due to the decreased sales and the record of JPY 752 million extraordinary loss on revaluation of investment securities. 

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