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Titan Kogyo Ltd Lowers Full-year Outlook for FY 2013; Reaffirms Dividend Forecast for FY 2013

Monday, 12 Nov 2012 12:00am EST 

Titan Kogyo Ltd announced that it has lowered its full-year outlook for revenue from JPY 6,400 million to JPY 5,500 million, operating profit from JPY 430 million to JPY 130 million, ordinary profit from JPY 380 million to JPY 70 million, net profit from JPY 1,200 million to JPY 800 million, and earnings per share from JPY 39.85 to JPY 26.57, for the fiscal year ending March 31, 2013. The Company lowered its full-year outlook mainly due to the slow progress of electrical automobile prevalence. The Company also has reaffirmed its dividend forecast of JPY 4 per share, for the same fiscal year. 

Company Quote

2.0 +0.76%
19 Sep 2014