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New Japan Chemical Co Ltd Expects Extraordinary Loss for FY 2013; Lowers Consolidated Full-year Outlook for FY 2013


Tuesday, 23 Apr 2013 02:30am EDT 

New Japan Chemical Co Ltd announced that it is expecting an extraordinary loss of JPY 310 million, as depletion loss of fat manufacturing equipments of Chiba plant, for the fiscal year ended March 31, 2013. The Company also announced that it has lowered the consolidated full-year outlook for revenue from JPY 29,000 million to JPY 28,470 million, but lowered the outlook for operating profit from JPY 220 million to a loss of JPY 430 million, ordinary profit from JPY 90 million to a loss of JPY 320 million, net profit from JPY 260 million to a loss of JPY 770 million and earning per share from JPY 6.97 to a loss of JPY 20.65 , for the fiscal year ended March 31, 2013. The negative outlook is mainly due to high raw material price and the difficulty in procurement of some raw materials. 

Company Quote

258.0
-1.0 -0.39%
2:00am EDT