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Sanko Techno Co Ltd (3435.T)

3435.T on Tokyo Stock Exchange

835JPY
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Latest Key Developments (Source: Significant Developments)

SANKO TECHNO lowers consolidated mid-year and full-year outlook for FY 2016
Friday, 6 Nov 2015 01:00am EST 

SANKO TECHNO CO LTD:Says the company lowered the consolidated mid-year outlook for revenue to 7,926 mln yen from 8,670 mln yen for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to 540 mln yen from 655 mln yen.Sees a decrease of ordinary profit forecast to 513 mln yen from 643 mln yen.Sees a decrease of net profit forecast to 328 mln yen from 428 mln yen.Sees a decrease of earnings per share to 40.37 yen from 52.59 yen.Says the company lowered the consolidated full-year outlook for revenue to 17,700 mln yen from 18,800 mln yen for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to 1,440 mln yen from 1,620 mln yen.Sees a decrease of ordinary profit forecast to 1,400 mln yen from 1,600 mln yen.Sees a decrease of net profit forecast to 910 mln yen from 1,075 mln yen.Sees a decrease of earnings per share to 111.81 yen from 132.09 yen.Comments the stagnation in sales channels, and decreased demand for solar power generation are the main reasons for the forecast.  Full Article

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