Key Developments: AOC Holdings Inc (5017.T)
340JPY
17 May 2013
¥3 (+0.89%)
¥356
¥336
¥344
¥335
151,900
264,561
¥439
¥219
Latest Key Developments (Source: Significant Developments)
AOC Holdings Inc Amends Consolidated Full-year Forecast for FY 2013
AOC Holdings Inc announced that it has raised the consolidated full-year forecast for revenue from JPY 758,000 million to JPY 780,000 million, ordinary profit from JPY 1,300 million to JPY 3,200 million, affirmed the forecast for operating profit of JPY 1,500 million, but lowered the forecast for net profit (loss) from JPY (7,700 million) to JPY (13,000 million) and earning (loss) per share from JPY (99.72) to JPY (168.35) for the fiscal year ended March 31, 2013. Full Article
AOC Holdings Inc to Sell Sub-subsidiary to KUFPEC UK Ltd
AOC Holdings Inc announced that its subsidiary has decided to sell a 100% stake in its wholly owned subsidiary, Norske AEDC AS, to KUFPEC UK Ltd, which is a wholly owned subsidiary of Kuwait Foreign Petroleum Exploration Company. The transaction is expected to be completed in June 2013. Full Article
AOC Holdings Inc Amends Consolidated Full-year Outlook for FY 2013
AOC Holdings Inc announced that it has raised its consolidated full-year outlook for revenue from JPY 745,000 million to JPY 758,000 million, ordinary profit from JPY 0 million to JPY 1,300 million, but lowered the outlook for operating profit from JPY 3,000 million to JPY 1,500 million, net profit from a loss of JPY 7,400 million to a loss of JPY 7,700 million and earning per share from a loss of JPY 95.83 to a loss of JPY 99.72, for the fiscal year ending March 2013. Full Article
AOC Holdings Inc to Sell New Subsidiary of ARABIAN OIL COMPANY, LTD. to JX Nippon Oil & Gas Exploration Corporation
AOC Holdings Inc announced that its subsidiary ARABIAN OIL COMPANY, LTD.will restructure its oil upper stream business as a subsidiary on April 1, 2013, and at the same time, ARABIAN OIL COMPANY will sell all the stake in the new subsidiary to JX Nippon Oil & Gas Exploration Corporation, which is a wholly owned subsidiary of JX Holdings Inc. Full Article
AOC Holdings Inc Amends Consolidated Full-year Outlook for FY 2013
AOC Holdings Inc announced that it has raised its consolidated full-year outlook for revenue from JPY 728,000 million to JPY 745,000 million, operating profit from JPY 2,900 million to JPY 3,000 million, net profit from a loss of JPY 8,300 million to a loss of JPY 7,400 million and earning per share from a loss of JPY 107.49 to a loss of JPY 95.83, but lowered the outlook for ordinary profit from JPY 300 million to JPY 0 million, for the fiscal year ending March 2013. The Company raised the outlook due to the increased sales resulted from the higher oil price. Full Article
AOC Holdings, Inc. Lowers Consolidated Mid-year and Full-year Outlook for FY Ending March 31, 2013
AOC Holdings, Inc. announced that it has lowered its consolidated mid-year outlook for revenue from JPY 390,000 million to JPY 369,000 million, operating profit (loss) from JPY 1,500 million to JPY (4,900 million), ordinary profit (loss) from JPY 100 million to JPY (6,500 million), net profit (loss) from JPY 500 million to JPY (15,300 million) and earning per share (loss) from JPY 6.48 to JPY (198.14) for the fiscal year ending March 31, 2013. The Company also lowered its consolidated full-year outlook for revenue from JPY 790,000 million to JPY 728,000 million, operating profit from JPY 4,200 million to JPY 2,900 million, ordinary profit from JPY 1,500 million to JPY 300 million, net profit (loss) from JPY 2,200 million to JPY (8,300 million) and earning per share (loss) from JPY 28.49 to JPY (107.49) for the same fiscal year. This is due to the decreased price of crude oil, as well as the recording of JPY 4,073 million allowance for investment losses as extraordinary loss. According to I/B/E/S Estimates, analysts on average are expecting the Company to report full-year revenue of JPY 749.33 billion and net profit (loss) of JPY (0.60 billion). Full Article
AOC Holdings, Inc. Amends Consolidated Full-year Outlook for FY 2012
AOC Holdings, Inc. announced that it has raised its consolidated full-year outlook for revenue from JPY 684,000 million to JPY 701,000 million, but lowered the outlook for operating profit from JPY 6,000 million to JPY 4,300 million, ordinary profit from JPY 2,700 million to a loss of JPY 1,000 million, net profit from JPY 2,900 million to JPY 1,300 million and earning per share from JPY 37.56 to JPY 16.84, for the fiscal year ending March 2012. The Company lowered the profit outlook due to the higher yen and the lower selling price. According to I/B/E/S Estimates, analysts were expecting the Company to report full-year revenue of JPY 663.27 billion and net profit of JPY 4.17 billion. Full Article
AOC Holdings, Inc. Lowers Consolidated Mid-year Outlook for FY Ending March 2012
AOC Holdings, Inc. announced that it has lowered its consolidated mid-year outlook for revenue from JPY 326,500 million to JPY 326,300 million, operating profit from JPY 3,700 million to JPY 400 million, ordinary profit (loss) from JPY 2,100 million to JPY (1,500 million), net profit (loss) from JPY 2,000 million to JPY (1,400 million) and earning per share (loss) from JPY 25.90 to JPY (18.13)for the fiscal year ending March 2012. This is due to the increased foreign exchange loss. Full Article
AOC Holdings, Inc. Amends Consolidated Mid-year and Full-year Guidance for FY 2012
AOC Holdings, Inc. announced that the Company has raised the consolidated mid-year guidance for revenue from JPY 318,500 million to JPY 326,500 million, but lowered the forecast for operating profit from JPY 4,000 million to JPY 3,700 million, ordinary profit from JPY 2,700 million to JPY 2,100 million, net profit from JPY 2,400 million to JPY 2,000 million and earning per share from JPY 31.08 to JPY 25.90 for the fiscal year ending March 31, 2012. The Company has raised the consolidated full-year guidance for revenue from JPY 674,000 million to JPY 685,000 million, but lowered the forecast for operating profit from JPY 7,400 million to JPY 6,000 million, ordinary profit from JPY 4,500 million to JPY 2,700 million, net profit from JPY 3,800 million to JPY 3,300 million and earning per share from JPY 49.21 to JPY 42.74 for the fiscal year ending March 31, 2012. The Company raised the revenue outlook due to raised price but lowered the operating profit, ordinary profit and net profit due to decreased production. Full Article
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