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TAKAGI SEIKO CORP Amends Consolidated Mid-year and Full-year Outlook for FY 2014; Affirms Mid-year Dividend Forecast and Amends Year-end Dividend Forecast for FY 2014


Thursday, 31 Oct 2013 02:00am EDT 

TAKAGI SEIKO CORP announced that it has raised consolidated mid-year outlook for revenue from JPY 25,280 million to JPY 25,720 million, and lowered the outlook for operating profit (loss) from JPY 130 million to JPY (230 million), ordinary profit (loss) from JPY (20 million) to JPY (330 million), net profit (loss) from JPY (240 million) to JPY (450 million), earnings (loss) per share from JPY (17.83) to JPY (33.43) for the fiscal year ending March 2014. The Company also announced that it has lowered consolidated full-year outlook for revenue from JPY 53,080 million to JPY 51,950 million, operating profit from JPY 1,440 million to JPY 740 million, ordinary profit from JPY 1,140 million to JPY 420 million, net profit from JPY 470 million to JPY 60 million, earnings per share from JPY 34.92 to JPY 4.46 for the fiscal year ending March 2014. The negative outlook is mainly due decrease of order. The Company has lowered the year-end dividend forecast from JPY 2 per share, disclosed on May 13, 2013 to JPY 1 per share, for the fiscal year ending March 2014. The Company has affirmed the mid-year dividend forecast at JPY 1 per share, for the fiscal year ending March 2014. 

Company Quote

248.0
-3.0 -1.20%
30 Jul 2014