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PADO Corp Expects Extraordinary Loss for FY 2013 Lowers Consolidated Full-year Outlook for FY 2013

Thursday, 2 May 2013 02:30am EDT 

PADO Corp announced that it is expecting an extraordinary loss of JPY 152 million, as loss in evaluation of subsidiary's stock and depletion of fixed assets, for the fiscal year ended March 31, 2013. The Company also announced that it has lowered its consolidated full-year outlook for revenue from JPY 8,300 million to JPY 8,100 million, operating profit from JPY 100 million to JPY 50 million, ordinary profit from JPY 100 million to JPY 80 million, net profit (loss) from JPY 50 million to JPY (105 million) and earning (loss) per share from JPY 910.81 to JPY (1,912.70) for the fiscal year ended March 31, 2013. The negative outlook is mainly due to the unachieved goal of sales support business and record of extraordinary loss, despite the increase of sales. 

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30 Jan 2015