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Torigoe Co Ltd lowers consolidated mid-year outlook for FY 2014


Friday, 1 Aug 2014 02:00am EDT 

Torigoe Co Ltd:Says the company lowered the consolidated mid-year outlook for revenue to 11,282 million yen from 11,560 million yen for the fiscal year ending Dec. 2014.Sees a decrease of operating profit forecast to 565 million yen from 940 million yen.Sees a decrease of ordinary profit forecast to 669 million yen from 990 million yen.Sees a decrease of net profit forecast to 402 million yen from 600 million yen.Sees a decrease of earnings per share to 17.30 yen from 25.78 yen.Comments the price increases in product prices, intensified sales competition and increased cost are the main reasons for the forecast. 

Company Quote

699.0
-2.0 -0.29%
23 Oct 2014