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Lite-On Japan Ltd Lowers Consolidated Full-year Forecast for FY 2012; Lowers Year-end Dividend Forecast for FY 2012
Lite-On Japan Ltd announced that it has lowered the consolidated full-year outlook for revenue from JPY 17,600 million to JPY 17,148 million, operating profit from JPY 170 million to JPY 92 million, ordinary profit from JPY 170 million to JPY 118 million, net profit from JPY 70 million to JPY 21 million and earning per share from JPY 5.62 to JPY 1.70 for the fiscal year ended December 31, 2012. The negative outlook is mainly due to less-than-expected order of products. The Company has lowered the year-end dividend forecast from JPY 3.50 per share to JPY 1.50 per share for the fiscal year ended December 31, 2012.
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