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Seiryo Electric Corp Raises Consolidated Mid-year and Full-year Outlook for FY 2014; Raises Year-end Dividend Forecast for FY 2014


Monday, 21 Oct 2013 02:00am EDT 

Seiryo Electric Corp announced that it has raised its consolidated mid-year outlook for revenue from JPY 9,000 million to JPY 9,573 million, operating profit from JPY 75 million to JPY 280 million, ordinary profit from JPY 70 million to JPY 266 million, net profit from JPY 30 million to JPY 91 million and earning per share from JPY 8.58 to JPY 26.14 , for the fiscal year ending March 2014. In addition, the Company has also raised its consolidated full-year outlook for revenue from JPY 21,000 million to JPY 23,000 million, operating profit from JPY 680 million to JPY 825 million, ordinary profit from JPY 660 million to JPY 800 million, net profit from JPY 360 million to JPY 400 million and earning per share from JPY 102.91 to JPY 114.34 , for the fiscal year ending March 2014. The Company raised the outlook due to the increased sales, the increased orders and the delayed information communication system development investment, among others. The Company has also raised its year-end dividend forecast from JPY 27 per share to JPY 35 per share, for the same fiscal year. 

Company Quote

1146.0
-19.0 -1.63%
22 Dec 2014