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Taiyo Holdings Co Ltd Amends Mid-year and Full-year Consolidated Outlook for FY 2014


Monday, 13 May 2013 02:30am EDT 

Taiyo Holdings Co Ltd announced that it has raised its mid-year consolidated outlook for revenue from JPY 20,000 million to JPY 22,000 million, operating profit from JPY 3,400 million to JPY 3,500 million, ordinary profit from JPY 3,400 million to JPY 3,500 million, and reaffirmed its mid-year consolidated outlook for net profit of JPY 2,350 million, and earnings per share of JPY 92.38, for the fiscal year ending March 31, 2014. The Company also has raised its full-year consolidated outlook for revenue from JPY 40,000 million to JPY 44,000 million, operating profit from JPY 6,800 million to JPY 7,000 million, ordinary profit from JPY 6,800 million to JPY 7,000 million, and reaffirmed its full-year consolidated outlook for net profit of JPY 4,700 million, and earnings per share of JPY 184.76, for the fiscal year ending March 31, 2014. This is due to the acquisition of stake in a Taiwan-based company. 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 41,000 million, operating profit of JPY 6,600 million and net profit of JPY 4,600 million, for the same fiscal year. 

Company Quote

3385.0
25.0 +0.74%
24 Oct 2014