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MITACHI CO LTD Raises Consolidated Mid-year and Full-year Guidance for FY 2014; Raises Mid-year and Full-year Dividend Forecasts for FY 2014


Friday, 22 Nov 2013 01:00am EST 

MITACHI CO LTD announced that the Company has reaffirmed the consolidated mid-year guidance for revenue of JPY 17,000 million and raised the guidance for operating profit from JPY 310 million to JPY 400 million, ordinary profit from JPY 325 million to JPY 500 million, net profit from JPY 227 million to JPY 370 million and earning per share from JPY 30.88 to JPY 50.34 for the fiscal year ending May 31, 2014. The Company has also reaffirmed the consolidated full-year guidance for revenue of JPY 33,000 million, operating profit of JPY 600 million and raised the guidance for ordinary profit from JPY 630 million to JPY 700 million, net profit from JPY 440 million to JPY 500 million and earning per share from JPY 59.86 to JPY 68.02 for the fiscal year ending May 31, 2014. This is due to favorable performance of amusement business, as well as collection of receivables. The Company has raised the mid-year dividend forecast from JPY 7 per share to JPY 10 per share, as well as the year-end dividend forecast from JPY 7 per share to JPY 10 per share for the fiscal year ending May 31, 2014. 

Company Quote

779.0
26.0 +3.45%
19 Dec 2014