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NIPPON SHINDO CO LTD Amends Full-year Consolidated Outlook and Cancels Year-end Dividend Payment for FY 2013


Friday, 10 May 2013 02:30am EDT 

NIPPON SHINDO CO LTD announced that it has raised its full-year consolidated outlook for revenue from JPY 14,000 million to JPY 14,200 million, net profit (loss) from JPY (90 million) to JPY (80 million), and earnings (loss) per share from JPY (3.81) to JPY (3.39), and lowered its full-year consolidated outlook for operating profit (loss) from JPY 0 million to JPY (90 million), ordinary profit (loss) from JPY (20 million) to JPY (100 million), for the fiscal year ended March 31, 2013. The Company lowered its full-year consolidated outlook for operating profit and ordinary profit mainly due to the decrease in production and sales volume of steel. The Company has canceled its year-end dividend payment, which was announced as an undetermined value on May 14, 2012, for the same fiscal year. 

Company Quote

119.0
4.0 +3.48%
19 Dec 2014