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TAIYO NIPPON SANSO CORP Amends Consolidated Mid-year and Full-year Outlook for FY 2014


Tuesday, 20 Aug 2013 07:30pm EDT 

TAIYO NIPPON SANSO CORP announced that it has reaffirmed the consolidated mid-year outlook for revenue at JPY 252,000 million, operating profit at JPY 14,600 million, ordinary profit at JPY 13,800 million, and has raised the consolidated mid-year outlook for net profit from JPY 7,900 million to JPY 10,200 million and earning per share from JPY 20.37 to JPY 26.30 for the fiscal year ending March 31, 2014. The Company has reaffirmed the consolidated full-year outlook for revenue at JPY 514,000 million, operating profit at JPY 31,500 million, ordinary profit at JPY 29,300 million, and has raised the consolidated full-year outlook for net profit from JPY 17,100 million to JPY 19,400 million and earning per share from JPY 44.09 to JPY 50.02 for the fiscal year ending March 31, 2014. The positive net profit outlook is mainly due to gain on selling of fixed assets.