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NOZAWA CORP Raises Consolidated Mid-year and Full-year Outlook for FY 2013


Thursday, 25 Oct 2012 10:00pm EDT 

NOZAWA CORP announced that it has raised the consolidated mid-year outlook for revenue from JPY 8,000 million to JPY 8,300 million, operating profit from JPY 200 million to JPY 350 million, ordinary profit from JPY 160 million to JPY 400 million, net profit from JPY 100 million to JPY 230 million and earning per share from JPY 4.28 to JPY 9.86 for the fiscal year ending March 31, 2013. The Company has also raised the consolidated full-year outlook for revenue from JPY 17,100 million to JPY 17,200 million, operating profit from JPY 800 million to JPY 860 million, ordinary profit from JPY 700 million to JPY 850 million, net profit from JPY 350 million to JPY 400 million and earning per share from JPY 15.00 to JPY 17.14 for the fiscal year ending March 31, 2013. The positive outlook is mainly due to more-than-expected sales of extrusion casting cement plate, and reduction of costs. 

Company Quote

377.0
1.0 +0.27%
11 Jul 2014