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Nihon Yamamura Glass Co Ltd Expects Extraordinary Profit and Loss for FY 2013; Lowers Consolidated Full-year Outlook for FY 2013

Friday, 26 Apr 2013 02:00am EDT 

Nihon Yamamura Glass Co Ltd announced that it is expecting an extraordinary profit of JPY 903 million, as gain on reduction of repair allowance, and an extraordinary loss of JPY 320 million, as loss in depletion of fixed assets, for the fiscal year ended March 31, 2013. The Company also announced that it has lowered the consolidated full-year outlook for revenue from JPY 71,500 million to JPY 70,500 million, operating profit from JPY 200 million to JPY 100 million, ordinary profit from JPY 700 million to JPY 500 million, net profit from JPY 500 million to JPY 200 million and earning per share from JPY 4.76 to JPY 1.90 for the fiscal year ended March 31, 2013. The negative outlook is mainly due to low sales volume of plastic container related business and high costs. 

Company Quote

-4.0 -2.33%
8:53pm EST