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


Thursday, 31 Jan 2013 12:00am EST 

Sanyo Special Steel Co Ltd announced that it has lowered the consolidated full-year outlook for revenue from JPY 140,000 million to JPY 135,000 million, operating profit (loss) from JPY 4,300 million to JPY (1,200 million), ordinary profit (loss) from JPY 3,500 million to JPY (1,500 million), net profit (loss) from JPY 2,100 million to JPY (1,200 million) and earning (loss) per share from JPY 13.02 to JPY (7.44), for the fiscal year ending March 31, 2013. The negative outlook is mainly due to reduction of demands, order and productivity. According to I/B/E/S Estimates, analysts on average were expecting the Company to report full-year revenue of JPY 146.14 billion, operating profit of JPY 2.75 billion and net income of JPY 0.93 billion. 

Company Quote

346.0
-6.0 -1.70%
12:56am EDT