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RENOWN INC Amends Full-year Consolidated Outlook for FY 2013


Thursday, 4 Apr 2013 02:00am EDT 

RENOWN INC announced that it has lowered its full-year consolidated outlook for revenue from JPY 76,600 million to JPY 76,200 million, and raised its full-year consolidated outlook for operating profit (loss) from JPY (700 million) to JPY (500 million), ordinary profit (loss) from JPY (500 million) to JPY (300 million), net profit from JPY 0 million to JPY 500 million, and earnings per share from JPY 0.00 to JPY 6.19, for the fiscal year ended February 28, 2013. The Company lowered its full-year consolidated outlook for revenue mainly due to the decrease in sales of spring apparels influenced by weather, and raised its full-year consolidated outlook for operating profit, ordinary profit and net profit mainly due to the reduction in sales and management cost and extraordinary profit caused by sale of investment securities. 

Company Quote

121.0
-1.0 -0.82%
2:00am EDT