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ktk INC Amends Consolidated Full-year Forecast for FY 2013; Lowers Year-end Dividend for FY 2013; Expects Extraordinary Profit and Loss for FY 2013


Thursday, 26 Sep 2013 05:50am EDT 

ktk INC announced that it has lowered the consolidated full-year forecast for revenue from JPY 12,892 million to JPY 12,491 million, operating profit from JPY 132 million to JPY 1 million, ordinary profit from JPY 117 million to JPY 35 million but raised the forecast for net profit from JPY 46 million to JPY 147 million and earning per share from JPY 9.12 to JPY 29.36 for the fiscal year ended August 20, 2013. The Company amended the consolidated full-year outlook due to decreased sales and record of negative goodwill. The Company has lowered the year-end dividend forecast from JPY 4 per share to JPY 2 per share for the fiscal year ended August 20, 2013. The Company expects JPY 141 million extraordinary profit on negative goodwill, as well as JPY 60 million extraordinary loss on impairment for the fiscal year ending August 20, 2013. 

Company Quote

263.0
-2.0 -0.75%
7:00pm EST