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Provider : Wright Reports
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Coca-Cola East Japan Co., Ltd. amends consolidated full-year outlook for FY 2014

Monday, 12 May 2014 02:30am EDT 

Coca-Cola East Japan Co., Ltd:Says the company amended the consolidated full-year outlook for the FY ended March, 2014.Confirms revenue forecast increased at 535,800 million yen.Operating profit forecast increased to 19,000 million yen from 15,000 million yen.Ordinary profit forecast increased to 19,500 million yen from 14,400 million yen.Net profit forecast increased to 9,600 million yen from 6,400 million yen.Earnings per share increased to 79.31 yen from 52.87 yen.FY 2014 revenues of 534.10 billion yen, reported net profit of 6.40 billion yen – Thomson Reuters I/B/E/S.Comments that change of accounting estimates and accounting policy as well as depreciation and amortization lower than expected are the main reasons for the forecast. 

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