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Idemitsu Kosan Co Ltd Amends Consolidated Mid-year and Full-year Outlook for FY 2014


Tuesday, 6 Aug 2013 02:00am EDT 

Idemitsu Kosan Co Ltd announced that it has raised its consolidated mid-year outlook for revenue from JPY 2,180,000 million to JPY 2,330,000 million, but lowered the outlook for operating profit from JPY 44,000 million to JPY 37,000 million, ordinary profit from JPY 40,000 million to JPY 35,000 million, net profit from JPY 34,000 million to JPY 30,000 million and earning per share from JPY 850.22 to JPY 750.20 , for the fiscal year ending March 2014. In addition, the Company has also raised its consolidated full-year outlook for revenue from JPY 4,550,000 million to JPY 4,900,000 million and ordinary profit from JPY 73,500 million to JPY 78,000 million, but affirmed the outlook for operating profit of JPY 79,000 million net profit of JPY 51,000 million and earning per share of JPY 1,275.33, for the fiscal year ending March 2014. The Company raised the revenue outlook due to the increased sales, and lowered the mid-year profit outlook due to the decreased oil products margin, and raised the full-year profit outlook due to the impact of the lower yen, among others. 

Company Quote

2034.0
-11.0 -0.54%
26 Dec 2014