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Kurimoto Ltd Raises Consolidated Mid-year Outlook for FY 2014

Wednesday, 30 Oct 2013 03:00am EDT 

Kurimoto Ltd announced that it has raised its consolidated mid-year outlook for revenue from JPY 43,000 million to JPY 46,599 million, operating profit from JPY 1,400 million to JPY 1,962 million, ordinary profit from JPY 900 million to JPY 1,590 million, net profit from JPY 800 million to JPY 1,831 million and earning per share from JPY 6.05 to JPY 13.85 , for the fiscal year ending March 2014. The positive outlook is due to the increased sales, the cost reduction and the reversal of the corporate taxes. 

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