Nuflare Technology, Inc. Raises Consolidated Full-year Forecast for FY 2012; Raises Year-end Dividend Forecast for FY 2012

Nuflare Technology, Inc. announced that it has raised the consolidated full-year forecast for revenue from JPY 28,000 million to JPY 35,000 million, operating profit from JPY 8,000 million to JPY 12,300 million, ordinary profit from JPY 7,700 million to JPY 12,100 million, net profit from JPY 4,500 million to JPY 6,800 million and earning per share from JPY 37,500.00 to JPY 56,666.67 for the fiscal year ending March 31, 2012. The Company raised the consolidated full-year forecast due to recovery of business and decreased costs. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of JPY 28.00 billion and net profit of JPY 5.00 billion for the fiscal year ending March 31, 2012.The Company has raised the year-end dividend forecast from JPY 3,000.00 per share to JPY 5,000.00 per share for the fiscal year ending March 31, 2012.