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Furukawa Electric Co Ltd (5801.T)

5801.T on Tokyo Stock Exchange

19 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Furukawa Electric amends consolidated full-year outlook for FY 2016
Wednesday, 4 Nov 2015 01:00am EST 

Furukawa Electric Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 890,000 million yen from 910,000 million yen for FY ending March 2016.Confirms the operating profit forecast at 23,000 million yen.Confirms the ordinary profit forecast at 23,000 million yen.Confirms the net profit attributable to parent company's shareholders forecast at 10,000 million yen.Confirms the earnings per share at 14.16 yen.FY 2016 revenues of 900.87 billion yen, net income of 8.85 billion yen – Thomson Reuters I/B/E/S.Comments the sales decrease is the main reason for the forecast.  Full Article