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Zakkaya Bulldog Co Ltd Lowers Consolidated Mid-year and Full-year Outlook for FY 2013; Cancels Year-end Dividend for FY 2013


Monday, 15 Apr 2013 02:30am EDT 

Zakkaya Bulldog Co Ltd announced that it has lowered the consolidated mid-year outlook for revenue from JPY 5,960 million to JPY 4,953 million, operating profit (loss) from JPY 326 million to JPY (65 million), ordinary profit from JPY 323 million to JPY 10 million, net profit (loss) from JPY 223 million to JPY (248 million) and earning per share from JPY 21.74 to JPY (24.24) for the fiscal year ending August 31, 2013. The Company has also lowered the consolidated full-year outlook for revenue from JPY 12,000 million to JPY 10,311 million, operating profit from JPY 500 million to JPY 3 million, ordinary profit from JPY 500 million to JPY 109 million, net profit (loss) from JPY 250 million to JPY (698 million) and earning per share from JPY 24.37 to JPY (68.04) for the fiscal year ending August 31, 2013. The negative outlook is mainly due to decrease of sales in its grocery retail business. The Company also announced that it has decided to cancel the year-end dividend for the fiscal year ending August 31, 2013. The latest dividend forecast was JPY 5 per share, disclosed on October 12, 2012. 

Company Quote

146.0
0.0 +0.00%
7:23pm EST