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OKWave Announces Extraordinary Loss for Q2 of FY 2013; Lowers Consolidated Full-year Outlook for FY 2013


Friday, 14 Jun 2013 06:45am EDT 

OKWave announced that it will record a JPY 247 million extraordinary loss on the affiliated company investment, for the second quarter of the fiscal year ending June 2013. In addition, the Company has lowered its consolidated full-year outlook for revenue from JPY 2,838 million to JPY 2,749 million, operating profit from JPY 220 million to a loss of JPY 82 million, ordinary profit from JPY 214 million to a loss of JPY 79 million, net profit from JPY 132 million to a loss of JPY 327 million and earning per share from JPY 15.34 to a loss of JPY 38.00, for the fiscal year ending June 2013. The Company lowered the outlook due to the record of extraordinary loss and the delayed record of sales of some projects. 

Company Quote

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18 Dec 2014