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Shinyei Kaisha Amends Consolidated Mid-year Outlook for FY 2014

Wednesday, 31 Jul 2013 01:00am EDT 

Shinyei Kaisha announced that it has affirmed the consolidated mid-year outlook for revenue at JPY 22,500 million, operating profit at JPY 150 million, ordinary profit at JPY 50 million, but raised the consolidated mid-year outlook for net profit from JPY 30 million to JPY 150 million and earning per share from JPY 0.80 to JPY 3.98 for the fiscal year ending March 31, 2014. The positive net profit outlook is mainly due to gain on selling of investment securities. 

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