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SANYO INDUSTRIES LTD Amends Consolidated Full-year Forecast for FY 2013

Tuesday, 9 Apr 2013 01:00am EDT 

SANYO INDUSTRIES LTD announced that it has lowered the consolidated full-year forecast for revenue from JPY 29,000 million to JPY 28,000 million but raised the forecast for operating profit from JPY 550 million to JPY 950 million, ordinary profit from JPY 650 million to JPY 1,000 million, net profit from JPY 500 million to JPY 950 million and earning per share from JPY 14.36 to JPY 27.29 for the fiscal year ended March 31, 2013. The Company lowered the consolidated full-year outlook for revenue due to decreased sales amount. However, the Company raised the outlook for operating profit, ordinary profit and net profit due to decreased cost on procurement and processing, as well as improved construction cost management. 

Company Quote

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29 Aug 2014