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Zeon Corp Lowers Mid-year and Full-year Consolidated Outlook for FY 2013


Tuesday, 25 Sep 2012 10:35pm EDT 

Zeon Corp announced that it has lowered its mid-year consolidated outlook for revenue from JPY 140,000 million to JPY 126,000 million, operating profit from JPY 14,000 million to JPY 11,000 million, ordinary profit from JPY 12,600 million to JPY 10,000 million, net profit from JPY 7,500 million to JPY 5,000 million, and earnings per share from JPY 32.44 to JPY 21.63, for the fiscal year ending March 31, 2013. The Company also has lowered its full-year consolidated outlook for revenue from JPY 290,000 million to JPY 260,000 million, operating profit from JPY 32,000 million to JPY 22,000 million, ordinary profit from JPY 30,000 million to JPY 21,000 million, net profit from JPY 18,000 million to JPY 12,000 million, and earnings per share from JPY 77.87 to JPY 51.91, for the fiscal year ending March 31, 2013. According to I/B/E/S Estimates, analysts on average are expecting the Company to report its full-year consolidated outlook for revenue of JPY 277,030 million, operating profit of JPY 30,630 million and net profit of JPY 17,330 million, for same fiscal year. The Company lowered its mid-year and full-year consolidated outlook mainly due to the appreciation of yen and the sluggish overseas market. 

Company Quote

1006.0
-24.0 -2.33%
1:31am EDT