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TOMEN DEVICES raises consolidated full-year outlook and year-end dividend forecast for FY 2014

Friday, 11 Apr 2014 02:00am EDT 

TOMEN DEVICES CORP:Says the company increased the consolidated full-year outlook for revenue to 174,660 million yen from 153,000 million yen for the fiscal year ended March 2014.Sees an increased operating profit forecast to 2,360 million yen from 2,200 million yen.Sees an increased ordinary profit forecast to 1,860 million yen from 1,700 million yen.Sees an increased net profit forecast to 1,050 million yen from 980 million yen.Sees an increased earnings per share to 154.38 yen from 144.08 yen.Comments the strong price of DRAM products, replacement for new PCs following Windows XP's service termination, as well as increase of sales of liquid crystal panels in China are the main reasons for the forecast.Raised year-end dividend forecast to 40 yen per share up from 30 yen per share for same fiscal year. 

Company Quote

-12.0 -0.67%
18 Dec 2014