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NIKKI CO LTD Amends Full-year Consolidated Outlook and Raises Year-end Dividend Forecast for FY 2013


Monday, 13 May 2013 02:00am EDT 

NIKKI CO LTD announced that it has lowered its full-year consolidated outlook for revenue from JPY 8,780 million to JPY 8,584 million, and raised its full-year consolidated outlook for operating profit from JPY 620 million to JPY 658 million, ordinary profit from JPY 530 million to JPY 749 million, net profit from JPY 460 million to JPY 909 million, and earnings per share from JPY 49.06 to JPY 96.98, for the fiscal year ended March 31, 2013. The Company lowered its full-year consolidated outlook for revenue mainly due to the decrease in sales of gas injectors for North America market, and raised its full-year consolidated outlook for operating profit, ordinary profit and net profit mainly due to the depreciation of yen and deferred tax assets. The Company also has raised its year-end dividend forecast from JPY 5.00 per share to JPY 7.00 per share, for the same fiscal year. 

Company Quote

424.0
8.0 +1.92%
20 Oct 2014