TL Holdings Corp Amends Mid-year and Full-year Consolidated Outlook for FY 2012

TL Holdings Corp announced that it has lowered its mid-year consolidated outlook for revenue from JPY 163 million to JPY 31 million, operating profit (loss) from JPY (28 million) to JPY (60 million), ordinary profit (loss) from JPY (28 million) to JPY (61 million), and raised its mid-year consolidated outlook for net profit (loss) from JPY (32 million) to JPY (26 million), and earnings (loss) per share from JPY (43.80) to JPY (40.35), for the fiscal year ending December 31, 2012. The Company also has lowered its full-year consolidated outlook for revenue from JPY 538 million to JPY 456 million, operating profit (loss) from JPY 4 million to JPY (54 million), ordinary profit (loss) from JPY 4 million to JPY (55 million), net profit (loss) from JPY 0 million to JPY (20 million), and earnings (loss) per share from JPY 0.23 to JPY (32.06), for the fiscal year ending December 31, 2012. The Company lowered its mid-year consolidated outlook for revenue, operating profit and ordinary profit and full-year consolidated outlook mainly due to the decrease in sales of personal computer business and raised mid-year consolidated outlook for net profit mainly due to the extraordinary profit of JPY 35 million caused by the damage compensation and debt reduction.