JAPAN ERI CO., LTD. Raises FY 2012 Outlook; Announces Midterm Dividend Payment and Raises Year-end Dividend Outlook for FY Ending May 2012

JAPAN ERI CO., LTD. announced that it has raised its consolidated full-year outlook for revenue from JPY 10,907 million to JPY 11,127 million, operating profit from JPY 1,056 million to JPY 1,208 million, ordinary profit from JPY 1,066 million to JPY 1,217 million, net profit from JPY 610 million to JPY 659 million and earning per share from JPY 78.41 to JPY 84.69 for the fiscal year ending May 31, 2012. This is due to the increased sale of confirmation inspection and housing benchmark businesses. The Company also announced that it will issue the midterm dividend of JPY 14.00 per share, or JPY 108 million in total, effective January 31, 2012, in line with a forecast of JPY 14.00 per share announced on November 8, 2011, from retained earnings to shareholders as of November 30, 2011. The Company also raised its year-end dividend outlook from JPY 13.00 per share, which was announced on November 8, 2011, to JPY 14.00 per share, for the same fiscal year.