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KOIKE SANSO KOGYO CO LTD Lowers Consolidated Mid-year and Full-year Outlook for FY 2014; Lowers Year-end Dividend Forecast for FY 2014


Friday, 8 Nov 2013 03:00am EST 

KOIKE SANSO KOGYO CO LTD announced that it has lowered consolidated mid-year outlook for revenue from JPY 20,500 million to JPY 18,242 million, operating profit from JPY 600 million to JPY (71 million), ordinary profit from JPY 700 million to JPY 20 million, net profit from JPY 390 million to JPY (471 million), earnings per share from JPY 9.41 to JPY (11.38) for the fiscal year ending March 2014. The Company also announced that it has lowered consolidated full-year outlook for revenue from JPY 42,000 million to JPY 40,600 million, operating profit from JPY 1,300 million to JPY 560 million, ordinary profit from JPY 1500 million to JPY 770 million, net profit from JPY 850 million to JPY (145 million), earnings per share from JPY 20.51 to JPY (3.50) for the fiscal year ending March 2014. The negative outlook is mainly due to low market demand and record of extraordinary loss. The Company also announced that it has lowered the year-end dividend forecast from JPY 6 per share, disclosed on May 10, 2013, to JPY 4 per share, for the fiscal year ending March 2014. 

Company Quote

347.0
-3.0 -0.86%
31 Aug 2015