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NIKKO CO Lowers Consolidated Full-year Outlook for FY Ending March 2013


Friday, 9 Nov 2012 02:00am EST 

NIKKO CO announced that it has lowered its consolidated full-year outlook for revenue from JPY 17,500 million to JPY 16,600 million, operating profit (loss) from JPY (330 million) to JPY (800 million), ordinary profit (loss) from JPY (350 million) to JPY (800 million), net profit (loss) from JPY (450 million) to JPY (1,500 million) and earning per share (loss) from JPY (24.02) to JPY (80.08) for the fiscal year ending March 31, 2013. This is due to the recording of JPY 603 million impairment loss as extraordinary loss, as well as the decreased sales of porcelain and electronic ceramic businesses. 

Company Quote

127.0
-1.0 -0.78%
22 Jul 2014