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Keyware Solutions Inc (3799.T)

3799.T on Tokyo Stock Exchange

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Keyware Solutions lowers consolidated full-year outlook and year-end dividend for FY 2016
Wednesday, 23 Mar 2016 05:30am EDT 

Keyware Solutions Inc:Says the company lowered the consolidated full-year outlook for the FY ending March 2016.Revenue forecast revised to 16,000 million yen from 17,700 million yen.Operating profit forecast revised to 40 million yen from 500 million yen.Ordinary profit forecast revised to 80 million yen from 420 million yen.Net profit forecast revised to 60 million yen from 370 million yen.Earnings per share revised to 7.25 yen from 44.47 yen.Comments that decreased sales revenue is the main reason for the forecast.Says it lowered the year-end dividend forecast to 5 yen per share from 10 yen per share for the FY ending March 2016.  Full Article