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Nihon Yamamura Glass Co Ltd Amends Consolidated Full-year Forecast for FY 2014; Expects Extraordinary Loss for Q2 of FY 2014; Announces Outcome of Early-retirement Program

Wednesday, 6 Nov 2013 12:20am EST 

Nihon Yamamura Glass Co Ltd announced that it has reaffirmed the consolidated full-year forecast for revenue of JPY 71,000 million, lowered the forecast for operating profit (loss) from JPY 300 million to JPY (500 million), ordinary profit from JPY 650 million to JPY 100 million but raised the forecast for net profit from JPY 400 million to JPY 600 million and earning per share from JPY 3.81 to JPY 5.71 for the fiscal year ending March 31, 2014. The Company expects JPY 2,123 million extraordinary loss on business restructure for the second quarter of the fiscal year ending March 2014. The Company announced that there are 73 employees have taken up the offer of the early-retirement program. The retirement date is December 31, 2013. 

Company Quote

-1.0 -0.55%
8:00pm EDT