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Sanyo Special Steel Co Ltd Lowers Consolidated Full-year Outlook for FY 2013


Wednesday, 31 Oct 2012 01:00am EDT 

Sanyo Special Steel Co Ltd announced that it has lowered its consolidated full-year outlook for revenue from JPY 170,000 million to JPY 140,000 million, operating profit from JPY 9,400 million to JPY 4,300 million, ordinary profit from JPY 9,000 million to JPY 3,500 million, net profit from JPY 5,300 million to JPY 2,100 million and earning per share from JPY 32.85 to JPY 13.02, for the fiscal year ending March 2013. The Company lowered the outlook due to the impact of the Europe debt crisis, the higher yen, the inventories adjustment as well as the revaluation loss of investment securities, among others. 

Company Quote

463.0
-1.0 -0.22%
9:27pm EDT