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Kyoshin Co Ltd (4735.T)

4735.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

KYOSHIN amends consolidated full-year outlook for FY 2015; lowers year-end dividend forecast for FY 2015
Wednesday, 8 Jul 2015 02:30am EDT 

KYOSHIN CO LTD:Says the company raised the consolidated full-year outlook for revenue to 10,825 million yen from 10,676 million yen for the fiscal year ended May 2015.Sees a decrease of operating profit forecast to 209 million yen from 395 million yen.Sees a decrease of ordinary profit forecast to 216 million yen from 365 million yen.Sees a decrease of net profit forecast to 90 million yen from 155 million yen.Sees a decrease of earnings per share to 10.77 yen from 18.48 yen.Says revenue outlook raised due to increased sales in subsidiary in nursing business and Japanese education business, profit outlook lowered due to the increased cost and operation loss.Sees year-end dividend of 5.80 yen per share lowered from 7.00 yen per share, for the fiscal year ended May 2015.  Full Article

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