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Meiji Holdings Co Ltd Amends Full-year Consolidated Outlook for FY 2014


Tuesday, 12 Nov 2013 01:00am EST 

Meiji Holdings Co Ltd announced that it has lowered its full-year consolidated outlook for revenue from JPY 1,140,000 million to JPY 1,128,000 million, and raised its full-year consolidated outlook for operating profit from JPY 29,000 million to JPY 34,000 million, ordinary profit from JPY 30,000 million to JPY 35,500 million, net profit from JPY 16,500 million to JPY 19,000 million, and earnings per share from JPY 224.02 to JPY 257.96, for the fiscal year ending March 31, 2014. The Company raised its full-year consolidated outlook for operating profit, ordinary profit and net profit mainly due to the increase in sales of probiotics and strengthened earnings basis. According to I/B/E/S Estimates, analysts on average are expecting the Company to report its full-year consolidated outlook for revenue of JPY 1,162,000 million, operating profit of JPY 39,350 million and net profit of JPY 23,700 million, for the same fiscal year. 

Company Quote

11000.0
270.0 +2.52%
19 Dec 2014