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Nozawa Corp (5237.T)

5237.T on Tokyo Stock Exchange

18 Aug 2017
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¥-28 (-1.96%)
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Latest Key Developments (Source: Significant Developments)

NOZAWA raises consolidated full-year revenue outlook and year-end dividend forecast for FY 2016
Thursday, 4 Feb 2016 09:00pm EST 

NOZAWA CORP:Says the company increased the consolidated full-year outlook for revenue to 22,000 mln yen from 21,150 mln yen, for the fiscal year ending March 31, 2016.Operating profit forecast increased to 3,060 mln yen from 2,750 mln yen.Ordinary profit forecast increased to 3,000 mln yen from 2,720 mln yen.Sees a decrease of net profit forecast to 1,450 mln yen from 1,800 mln yen.Sees a decrease of earnings per share to 63.57 yen from 78.22 yen.Says net profit outlook lowered due to the impairment loss in China-based unit.Says it raised the year-end dividend forecast to 13 yen per share from 10 yen per share for the fiscal year ending March 2016.  Full Article