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YOMEISHU SEIZO CO LTD Expects Extraordinary Loss for Q2 of FY 2014; Amends Mid-year and Full-year Outlook for FY 2014


Thursday, 10 Oct 2013 02:00am EDT 

YOMEISHU SEIZO CO LTD announced that it expects the extraordinary loss of JPY 628 million caused by impairment loss on fixed assets, for the second quarter of fiscal year ending March 31, 2014. The Company has raised its mid-year outlook for revenue from JPY 5,930 million to JPY 6,120 million, operating profit from JPY 550 million to JPY 940 million, ordinary profit from JPY 680 million to JPY 1,080 million, and lowered its mid-year outlook for net profit from JPY 450 million to JPY 120 million, and earnings per share from JPY 14.98 to JPY 3.99, for the fiscal year ending March 31, 2014. The Company has raised its full-year outlook for revenue from JPY 12,710 million to JPY 12,800 million, operating profit from JPY 1,890 million to JPY 1,920 million, ordinary profit from JPY 2,110 million to JPY 2,150 million, net profit from JPY 1,340 million to JPY 1,520 million, and earnings per share from JPY 44.60 to JPY 50.60, for the fiscal year ending March 31, 2014. The Company lowered its mid-year outlook for net profit mainly due to the extraordinary loss caused by impairment loss on fixed assets, and raised its full-year outlook mainly due to the increase in sales of Yomeishu and extraordinary profit of JPY 730 million caused by gain on merger with subsidiary. 

Company Quote

928.0
2.0 +0.22%
22 Aug 2014