Nippon Formula Feed Manufacturing Co Ltd Lowers Consolidated Full-year Outlook and Year-end Dividend Forecast for FY 2013

Nippon Formula Feed Manufacturing Co Ltd announced that it has lowered its consolidated full-year outlook for revenue from JPY 87,500 million to JPY 86,000 million, operating profit from JPY 1,100 million to JPY 300 million, ordinary profit from JPY 1,150 million to JPY 400 million, net profit from JPY 700 million to JPY 100 million and earning per share from JPY 6.35 to JPY 0.91, for the fiscal year ending March 2013. The Company lowered the outlook due to the increased cost from the impact of the lower yen. In addition, the Company has also lowered its year-end dividend forecast from JPY 3 per share announced on May 11, 2012 to JPY 2 per share, for the fiscal year ending March 2013.