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Tokyo Printing Ink Mfg Co Ltd (4635.T)

4635.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

TOKYO PRINTING INK MFG amends consolidated mid-year and full-year outlook for FY 2016
Thursday, 5 Nov 2015 11:00pm EST 

TOKYO PRINTING INK MFG CO LTD:Says the company lowered the consolidated mid-year outlook for revenue to 22,560 mln yen from 22,800 mln yen for the fiscal year ending March 31, 2016.Operating profit forecast increased to 240 mln yen from 50 mln yen.Ordinary profit forecast increased to 330 mln yen from 100 mln yen.Net profit forecast increased to 200 mln yen from 60 mln yen.Earnings per share increased to 7.40 yen from 2.22 yen.Says the company lowered the consolidated full-year outlook for revenue to 47,000 mln yen from 47,300 mln yen for the fiscal year ending March 31, 2016.Operating profit forecast increased to 550 mln yen from 450 mln yen.Ordinary profit forecast increased to 700 mln yen from 600 mln yen.Net profit forecast increased to 450 mln yen from 400 mln yen.Earnings per share increased to 16.64 yen from 14.79 yen.Says profit outlook raised due to the increased sales of core products and cost reduction.  Full Article