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I'rom Holdings Co Ltd to Sell Property and Expects Extraordinary Profit for Q3 of FY 2013; Amends Full-year Consolidated Outlook for FY 2013


Tuesday, 27 Nov 2012 02:00am EST 

I'rom Holdings Co Ltd announced that it has decided to sell exclusive distribution right at the price of JPY 238 million, on December 26, 2012. As a result, the Company expects the extraordinary profit of JPY 238 million caused by sale of exclusive distribution right, for the third quarter of the fiscal year ending March 31, 2013. The Company also has reaffirmed its full-year consolidated outlook for revenue of JPY 6,370 million, operating profit of JPY 210 million, ordinary profit of JPY 60 million, and raised its full-year consolidated outlook for net profit from JPY 900 million to JPY 1,100 million, and earnings per share from JPY 962.42 to JPY 1,176.29, for the fiscal year ending March 31, 2013. This is due to the extraordinary profit for sale of exclusive distribution right. 

Company Quote

724.0
0.0 +0.00%
24 Jul 2014