Nippon Crucible Co Ltd (5355.T) Key Developments | Reuters.com
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Nippon Crucible Co Ltd lowers consolidated mid-year and full year outlook for FY 2015


Thursday, 7 Aug 2014 01:00am EDT 

Nippon Crucible Co Ltd:Says the company lowered the consolidated mid-year outlook for revenue to 4,000 million yen from 4,100 million yen for FY ending March 2015.Sees a decrease of operating profit forecast to 140 million yen from 200 million yen.Sees a decrease of ordinary profit forecast to 140 million yen from 200 million yen.Sees a decrease of net profit forecast to 90 million yen from 130 million yen.Sees a decrease of earnings per share to 6.66 yen from 9.62 yen.Says the company lowered the consolidated full-year outlook for revenue to 8,100 million yen from 8,200 million yen for FY ending March 2015.Sees a decrease of operating profit forecast to 330 million yen from 390 million yen.Sees a decrease of ordinary profit forecast to 330 million yen from 390 million yen.Sees a decrease of net profit forecast to 210 million yen from 260 million yen.Sees a decrease of earnings per share to 15.53 yen from 19.23 yen.Comments the decreased sales in foundry and increased costs are the main reasons for the forecast. 

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