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Meiji Machine Co Ltd Lowers Consolidated Full-year Outlook for FY 2014

Thursday, 14 Nov 2013 02:00am EST 

Meiji Machine Co Ltd announced that it has lowered consolidated full-year outlook for revenue from JPY 6,087 million to JPY 5,253 million, operating profit from JPY 186 million to JPY 73 million, ordinary profit from JPY 192 million to JPY 48 million, net profit from JPY 65 million to JPY 1 million, earnings per share from JPY 6.85 to JPY 0.11 for the fiscal year ending March 2014. The negative outlook is mainly due to less-than-expected sales income. 

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