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Provider: Reuters Investment Profile
Provider: Sadif Analytics Prime
Provider: Wright Reports
Provider: Sadif Analytics Prime

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Showa Manufacturing Co Ltd Amends Consolidated Full-year Outlook for FY Ending March 2013

Wednesday, 14 Nov 2012 01:30am EST 

Showa Manufacturing Co Ltd announced that it has lowered its consolidated full-year outlook for revenue from JPY 12,000 million to JPY 11,400 million, operating profit from JPY 60 million to JPY 50 million, ordinary profit from JPY 60 million to JPY 25 million, and raised its consolidated full-year outlook for net profit from JPY 40 million to JPY 90 million and earning per share from JPY 4.74 to JPY 10.66 for the fiscal year ending March 31, 2013. This is due to the decreased sales of thermo-device products, as well as the recording of gain on sale of subsidiary's shares. 

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