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TOKYO ELECTRON DEVICE LTD Amends Mid-year and Full-year Consolidated Outlook for FY 2014


Friday, 20 Sep 2013 03:30am EDT 

TOKYO ELECTRON DEVICE LTD announced that it has raised its mid-year consolidated outlook for revenue from JPY 42,500 million to JPY 47,000 million, and lowered its mid-year consolidated outlook for ordinary profit from JPY 450 million to JPY 200 million, net profit from JPY 280 million to JPY 170 million, and earnings per share from JPY 26.42 to JPY 16.04, for the fiscal year ending March 31, 2014. The Company has raised its full-year consolidated outlook for revenue from JPY 90,000 million to JPY 97,000 million, and lowered its full-year consolidated outlook for ordinary profit from JPY 1,500 million to JPY 1,050 million, net profit from JPY 930 million to JPY 670 million, and earnings per share from JPY 87.74 to JPY 63.21, for the same fiscal year. The Company raised its consolidated outlook for revenue mainly due to the increase in sales from semiconductor and electronic device business and depreciation of yen, and lowered its consolidated outlook for ordinary profit and net profit mainly due to the increase in ratio of low-profit products. 

Company Quote

1590.0
3.0 +0.19%
19 Sep 2014