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Mitsubishi Kakoki Kaisha Ltd Lowers Full-year Consolidated Outlook and Cancels Year-end Dividend Payment for FY 2013

Thursday, 31 Jan 2013 02:00am EST 

Mitsubishi Kakoki Kaisha Ltd announced that it has lowered its full-year consolidated outlook for revenue from JPY 48,500 million to JPY 48,000 million, operating profit (loss) from JPY 150 million to JPY (1,000 million), ordinary profit (loss) from JPY 190 million to JPY (850 million), net profit (loss) from JPY (100 million) to JPY (930 million), and earnings (loss) per share from JPY (1.26) to JPY (11.76), for the fiscal year ending March 31, 2013. The Company lowered its full-year consolidated outlook mainly due to the sluggish economic environment and declining profit margins. The Company also has canceled its year-end dividend payment of JPY 5.00 per share, for the same fiscal year. 

Company Quote

8.0 +1.98%
31 Oct 2014