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LIXIL Group Corp Amends Consolidated Full-year Outlook for FY Ending March 2013

Sunday, 4 Nov 2012 11:00pm EST 

LIXIL Group Corp announced that it has lowered its consolidated full-year outlook for revenue from JPY 1,470,000 million to JPY 1,460,000 million, net profit from JPY 29,000 million to JPY 13,000 million and earning per share from JPY 99.74 to JPY 44.71, and raised its consolidated full-year outlook for operating profit from JPY 50,000 million to JPY 54,000 million, ordinary profit from JPY 50,000 million to JPY 53,000 million, for the fiscal year ending March 31, 2013. This is due to the decreased investment of housing businesses, as well as the recording of insurance payment for the flood damage as extraordinary profit. According to I/B/E/S Estimates, analysts on average are expecting the Company to report full-year revenue of JPY 1,476.46 billion and net profit of JPY 27.38 billion. 

Company Quote

-3.0 -0.14%
23 Oct 2014