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Takeei Corp Raises Consolidated Mid-year and Full-year Outlook for FY Ending March 31, 2013; Raises Midterm Dividend Outlook and Reaffirms Year-end Dividend Outlook for FY Ending March 2013


Monday, 15 Oct 2012 10:30pm EDT 

Takeei Corp announced that it has raised its consolidated mid-year outlook for revenue from JPY 9,452 million to JPY 10,500 million, operating profit from JPY 845 million to JPY 1,300 million, ordinary profit from JPY 691 million to JPY 1,200 million, net profit from JPY 262 million to JPY 650 million and earning per share from JPY 42.68 to JPY 105.04 for the fiscal year ending March 31, 2013. The Company also raised its consolidated full-year outlook for revenue from JPY 19,750 million to JPY 21,500 million, operating profit from JPY 2,310 million to JPY 2,800 million, ordinary profit from JPY 2,000 million to JPY 2,600 million, net profit from JPY 930 million to JPY 1,300 million and earning per share from JPY 151.51 to JPY 210.09 for the same fiscal year. This is due to the increased sale of subsidiaries. According to I/B/E/S Estimates, analysts on average are expecting the Company to report full-year revenue of JPY 20.40 billion and net profit of JPY 1.16 billion. The Company also raised its midterm dividend outlook from JPY 7.00 per share, which was announced on May 15, 2012, to JPY 10.00 per share, and reaffirmed its year-end dividend outlook of JPY 11.00 per share, for the same fiscal year. 

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