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Core Corp Raises Year-end Dividend Forecast and Lowers Full-year Consolidated Outlook for FY 2013


Sunday, 14 Apr 2013 11:30pm EDT 

Core Corp announced that it has resolved to distribute a bonus dividend in commemoration of the 40th anniversary of the foundation of its core group. Therefore, the Company has raised its year-end dividend forecast from JPY 20.00 per share, which was announced on April 27, 2012, to JPY 25.00 per share (JPY 20.00 per share for a common dividend and JPY 5.00 per share for a bonus dividend), for the fiscal year ended March 31, 2013. The Company also announced that it has lowered its full-year consolidated outlook for revenue from JPY 22,000 million to JPY 20,000 million, operating profit from JPY 1,100 million to JPY 700 million, ordinary profit from JPY 1,100 million to JPY 720 million, net profit from JPY 650 million to JPY 480 million, and earnings per share from JPY 45.74 to JPY 33.78, for the fiscal year ended March 31, 2013. The Company lowered its full-year consolidated outlook mainly due to the slackened growth in sales of solution products. 

Company Quote

891.0
7.0 +0.79%
2:00am EDT