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DAIKIN INDUSTRIES LTD Lowers Consolidated Full-year Forecast for FY 2013; Announces Mid-year Dividend Payment for FY 2013; Affirms Year-end Dividend Forecast for FY 2013


Wednesday, 7 Nov 2012 01:20am EST 

DAIKIN INDUSTRIES LTD announced that it has lowered the consolidated full-year forecast for revenue from JPY 1,380,000 million to JPY 1,270,000 million, operating profit from JPY 100,000 million to JPY 87,000 million, ordinary profit from JPY 97,000 million to JPY 82,000 million, net profit from JPY 53,000 million to JPY 22,000 million and earning per share from JPY 182.08 to JPY 75.58 for the fiscal year ending March 31, 2013. The Company lowered the consolidated full-year outlook due to the downturn in economy and the aggravated order environment. The Company has decided to pay a mid-year dividend of JPY 18 per share to all shareholders of record as of September 30, 2012, for the fiscal year ending March 31, 2013. The payment will be conducted on December 4, 2012. The Company has affirmed the year-end dividend forecast of JPY 18 per share for the fiscal year ending March 31, 2013. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of JPY 1,295.76 billion and net profit of JPY 45.88 billion for the fiscal year ending March 2013. 

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6896.0
17.0 +0.25%
24 Jul 2014