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Marumae Co Ltd Amends Full-year Outlook for FY 2013; Expects Extraordinary Loss for FY 2013

Saturday, 14 Sep 2013 12:30am EDT 

Marumae Co Ltd announced that it has raised the full-year outlook for revenue from JPY 1,140 million to JPY 1,160 million, operating profit from JPY 110 million to JPY 120 million, ordinary profit from JPY 90 million to JPY 120 million, but lowered the outlook for net profit from JPY 85 million to JPY 80 million and earning per share from JPY 4,584.68 to JPY 4,314.99 for the fiscal year ended August 31, 2013. The positive outlook for revenue, operating profit and ordinary profit is mainly due to smooth growth of flat panel display and recovery of semiconductor business. The negative net profit outlook is mainly due to the Company's expectation of extraordinary loss of JPY 36 million due to depletion of fixed assets, for the fiscal year ended August 31, 2013. 

Company Quote

50.0 +5.56%
19 Dec 2014