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FALCO SD HOLDINGS Co Ltd to Retire Treasury Stock; Amends Consolidated Full-year Outlook for FY 2013; Raises Year-end Dividend Forecast for FY 2013

Monday, 18 Mar 2013 08:30pm EDT 

FALCO SD HOLDINGS Co Ltd announced that it has decided to retire 700,000 shares of its treasury stock, which is approximately 5.39% of total shares outstanding, effective March 29, 2013. The Company also announced that it has reaffirmed the consolidated full-year outlook for revenue at JPY 62,000 million, operating profit at JPY 2,200 million, ordinary profit at JPY 2,100 million, but has raised the consolidated full-year outlook for net profit from JPY 1,000 million to JPY 1,150 million and earning per share from JPY 80.83 to JPY 94.09 for the fiscal year ending March 31, 2013. The positive net profit outlook is mainly due to gain on selling of assets. The Company has also raised the year-end dividend forecast from JPY 11 per share, disclosed on August 7, 2012, to JPY 12 per share, for the fiscal year ending March 31, 2013. 

Company Quote

21.0 +1.72%
19 Dec 2014