S.Ishimitsu & Co Ltd Lowers Mid-year and Full-year Consolidated Outlook for FY 2013

S.Ishimitsu & Co Ltd announced that it has lowered its mid-year consolidated outlook for revenue from JPY 17,506 million to JPY 16,937 million, operating profit from JPY 215 million to JPY 32 million, ordinary profit (loss) from JPY 195 million to JPY (27 million), net profit (loss) from JPY 132 million to JPY (44 million), and earnings (loss) per share from JPY 17.15 to JPY (5.72), for the fiscal year ending March 31, 2013. The Company also has lowered its full-year consolidated outlook for revenue from JPY 36,272 million to JPY 35,702 million, operating profit from JPY 655 million to JPY 473 million, ordinary profit from JPY 618 million to JPY 396 million, net profit from JPY 388 million to JPY 212 million, and earnings per share from JPY 50.38 to JPY 27.51, for the fiscal year ending March 31, 2013. The Company lowered its mid-year and full-year consolidated outlook mainly due to the decrease demands for its food products and the increase in raw material costs.