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TOKYO PRINTING INK MFG CO LTD Amends Consolidated Mid-year Forecast for FY 2014; Lowers Consolidated Full-year Forecast for FY 2014


Friday, 1 Nov 2013 02:00am EDT 

TOKYO PRINTING INK MFG CO LTD announced that the Company has lowered the consolidated mid-year guidance for revenue from JPY 22,700 million to JPY 22,600 million but raised the forecast for operating profit from JPY 40 million to JPY 50 million, ordinary profit from JPY 130 million to JPY 235 million, net profit from JPY 120 million to JPY 175 million and earning per share from JPY 4.43 to JPY 6.47 for the fiscal year ending March 31, 2014. The Company has also lowered the consolidated full-year guidance for revenue from JPY 47,400 million to JPY 46,000 million, operating profit from JPY 470 million to JPY 350 million, ordinary profit from JPY 590 million to JPY 555 million, net profit from JPY 430 million to JPY 315 million and earning per share from JPY 15.88 to JPY 11.64 for the fiscal year ending March 31, 2014. The Company lowered the consolidated mid-year and full-year forecasts due to poor sales performance and decreased orders. 

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28 Apr 2015