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Cassina Ixc. Ltd (2777.T)

2777.T on Tokyo Stock Exchange

20 Jan 2017
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¥9 (+1.11%)
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Latest Key Developments (Source: Significant Developments)

Cassina Ixc. lowers consolidated mid-year outlook for FY 2015
Sunday, 2 Aug 2015 09:00pm EDT 

Cassina Ixc. Ltd:Says the company lowered the consolidated mid-year outlook for revenue to 4,472 mln yen from 5,000 mln yen for the fiscal year ending Dec. 31, 2015.Sees a decrease of operating profit forecast to 78 mln yen from 250 mln yen.Sees a decrease of ordinary profit forecast to 85 mln yen from 240 mln yen.Sees a decrease of net profit forecast to 50 mln yen from 208 mln yen.Sees a decrease of earnings per share to 13.28 yen from 54.82 yen.Comments the lower order volume than expect, delay of sale recovery in subsidiary, increased import cost price and increased cost are the main reasons for the forecast.  Full Article

Cassina Ixc. raises consolidated full-year outlook and affirms dividend forecast for FY 2014
Wednesday, 11 Feb 2015 08:00pm EST 

Cassina Ixc. Ltd:Says the company raised the consolidated full-year outlook for the FY ending Dec. 31, 2014.Revenue forecast increased to 7,609 million yen from 7,600 million yen.Operating profit forecast increased to 528 million yen from 440 million yen.Ordinary profit forecast increased to 568 million yen from 450 million yen.Net profit forecast increased to 745 million yen from 420 million yen.Earnings per share forecast increased to 196.46 yen from 110.69 yen.Comments that decreased expense, decreased extraordinary loss and deferred tax asset are the main reasons for the forecast.Affirms dividend forecast of 20 yen per share for FY ending Dec. 31, 2014.  Full Article