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Onex Corp Lowers Consolidated Mid-year and Full-year Outlook for FY 2013
Onex Corp announced that it has lowered its consolidated mid-year outlook for revenue from JPY 2,964 million to JPY 2,528 million, operating profit from JPY 265 million to JPY 103 million, ordinary profit from JPY 260 million to JPY 104 million, net profit from JPY 154 million to JPY 48 million and earning per share from JPY 8.81 to JPY 2.76, for the fiscal year ending June 2013. In addition, the Company has also lowered its consolidated full-year outlook for revenue from JPY 5,852 million to JPY 4,950 million, operating profit from JPY 495 million to JPY 145 million, ordinary profit from JPY 492 million to JPY 150 million, net profit from JPY 285 million to JPY 100 million and earning per share from JPY 16.31 to JPY 5.72, for the fiscal year ending June 2013. The Company lowered the outlook due to the decreased sales and the increased cost, among others.
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