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SumCo Corp Changes Fiscal Year End; Lowers Consolidated Full-year Forecast for FY 2013; Announces Year-end Dividend Payment for FY 2013

Tuesday, 26 Mar 2013 04:40am EDT 

SumCo Corp announced that it has changed the fiscal year end from January 31 every year to December 31 every year. As a result, the Company has lowered the consolidated full-year forecast for revenue from JPY 210,000 million to JPY 192,000 million, operating profit from JPY 26,000 million to JPY 24,000 million, ordinary profit from JPY 18,000 million to JPY 16,000 million, net profit from JPY 12,000 million to JPY 10,000 million and earning per share from JPY 42.19 to JPY 34.80 for the fiscal year ending December 31, 2013. The Company has decided to pay a year-end dividend of JPY 2.00 per share, in line with the last forecast, to all shareholders of record as of January 31, 2013, for the fiscal year ended January 31, 2013. The payment will be conducted on April 26, 2013. 

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