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Maruyama MFG Co Inc (6316.T)

6316.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Maruyama MFG amends consolidated mid-year outlook for FY 2016
Monday, 2 May 2016 02:00am EDT 

Maruyama MFG Co Inc:Says the company amended the consolidated mid-year outlook for the FY ending Sep. 2016.Revenue forecast increased to 14,870 million yen from 14,500 million yen.Operating profit forecast increased to 179 million yen from 150 million yen.Ordinary profit forecast decreased to 61 million yen from 100 million yen.Net profit forecast decreased to a loss of 60 million yen from 50 million yen.Earnings per share decreased to a loss of 1.22 yen from 1.02 yen.Comments that sales of agriculture and forestry machinery, impact of exchange rate are the main reasons for the forecast.  Full Article