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Myotoku Ltd raises consolidated mid-year and full-year outlook for FY 2014


Friday, 1 Aug 2014 04:00am EDT 

Myotoku Ltd:Says the company raised the consolidated mid-year outlook for the FY ending Dec. 2014.Revenue forecast increased to 1,137 million yen from 1,111 million yen.Operating profit forecast increased to 205 million yen from 143 million yen.Ordinary profit forecast increased to 210 million yen from 148 million yen.Net profit forecast increased to 138 million yen from 84 million yen.Earnings per share forecast increased to 18.62 yen from 11.24 yen.Says the company raised the consolidated full-year outlook for the FY ending Dec. 2014.Revenue forecast increased to 2,346 million yen from 2,334 million yen.Operating profit forecast increased to 357 million yen from 319 million yen.Ordinary profit forecast increased to 374 million yen from 335 million yen.Net profit forecast increased to 241 million yen from 201 million yen.Earnings per share forecast increased to 32.45 yen from 26.99 yen.Comments the product cost reduction and decreased management costs are the main reasons for the forecast. 

Company Quote

321.0
-7.0 -2.13%
27 Mar 2015