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Toyo Business Engineering Corp (4828.T)

4828.T on Tokyo Stock Exchange

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Toyo Business Engineering raises consolidated full-year outlook for FY 2016
Thursday, 28 Apr 2016 02:00am EDT 

Toyo Business Engineering Corp:Says the company raised the consolidated full-year outlook for the FY ended March 2016.Revenue forecast increased to 12,549 million yen from 12,300 million yen.Operating profit forecast increased to 531 million yen from 420 million yen.Ordinary profit forecast increased to 528 million yen from 420 million yen.Net profit forecast increased to 316 million yen from 220 million yen.Earnings per share forecast increased to 52.67 yen from 36.67 yen.Comments that increased sales revenue and decreased expense are the main reasons for the forecast.  Full Article

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