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Asahi Holdings Inc (5857.T)

5857.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Asahi Holdings lowers consolidated full-year outlook for FY 2016
Monday, 1 Feb 2016 01:30am EST 

Asahi Holdings Inc:Says the company lowered the consolidated full-year outlook for revenue to 115,000 mln yen from 129,000 mln yen for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to 9,000 mln yen from 11,000 mln yen.Sees a decrease of ordinary profit forecast to 8,900 mln yen from 10,800 mln yen.Sees a decrease of net profit forecast to 5,100 mln yen from 6,500 mln yen.Sees a decrease of earnings per share to 155.63 yen from 198.56 yen.Comments the decrease in main business due to the market condition as the main reason for the forecast.  Full Article