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Mino Ceramic Co Ltd (5356.NG)

5356.NG on Nagoya Stock Exchange

312JPY
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7,182
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¥345
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¥176

Latest Key Developments (Source: Significant Developments)

MINO CERAMIC lowers consolidated full-year net profit outlook for FY 2016
Monday, 9 Nov 2015 09:40pm EST 

MINO CERAMIC CO LTD:Says the company reaffirmed the consolidated full-year outlook for revenue at 10,500 mln yen for the fiscal year ending March 2016.Sees a decrease of operating profit forecast to 270 mln yen from 520 mln yen.Sees a decrease of ordinary profit forecast to 310 mln yen from 550 mln yen.Sees a decrease of net profit forecast to 135 mln yen from 320 mln yen.Sees a decrease of earnings per share to 13.89 yen from 32.93 yen.Says net profit outlook lowered due to decreased sales in cement business, increased raw material cost and delay of construction works in plant business and building material business.  Full Article

MINO CERAMIC lowers consolidated mid-year outlook for FY 2016
Monday, 2 Nov 2015 02:10am EST 

MINO CERAMIC CO LTD:Says the company lowered the consolidated mid-year outlook for revenue to 4,610 mln yen from 4,850 mln yen for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to 49 mln yen from 200 mln yen.Sees a decrease of ordinary profit forecast to 71 mln yen from 210 mln yen.Sees a decrease of net profit forecast to 28 mln yen from 120 mln yen.Sees a decrease of earnings per share to 2.88 yen from 12.35 yen.Comments the decreased demand in domestic market, delay of the construction work, increased cost are the main reasons for the forecast.  Full Article

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