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Shinyei Kaisha Amends Consolidated Mid-year and Full-year Outlook for FY 2014


Friday, 18 Oct 2013 01:00am EDT 

Shinyei Kaisha announced that it has lowered its consolidated mid-year outlook for revenue from JPY 22,500 million to JPY 21,159 million, operating profit from JPY 150 million to JPY 112 million and ordinary profit from JPY 50 million to JPY 20 million, but raised the outlook for net profit from JPY 150 million to JPY 267 million and earning per share from JPY 3.98 to JPY 7.11, for the fiscal year ending March 2014. In addition, the Company has also lowered its consolidated full-year outlook for revenue from JPY 46,500 million to JPY 44,500 million, but affirmed the outlook for operating profit of JPY 400 million and ordinary profit of JPY 200 million, raised the outlook for net profit from JPY 120 million to JPY 300 million and earning per share from JPY 3.18 to JPY 7.96, for the same fiscal year. The Company lowered the mid-term operating and ordinary profit outlook due to the unfavorable sales in fiber retail business, and raised the net profit outlook due to the extraordinary profit on selling of investment securities. 

Company Quote

216.0
-2.0 -0.92%
25 Jul 2014