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YUKEN KOGYO CO LTD Lowers Consolidated Mid-year and Full-year Guidance for FY 2013; Amends Mid-year and Year-end Dividend Forecasts for FY 2013


Monday, 5 Nov 2012 01:00am EST 

YUKEN KOGYO CO LTD announced that the Company has lowered the consolidated mid-year guidance for revenue from JPY 13,000 million to JPY 12,300 million, operating profit from JPY 700 million to JPY 490 million, ordinary profit from JPY 600 million to JPY 300 million, net profit from JPY 300 million to JPY 200 million and earning per share from JPY 6.96 to JPY 4.64 for the fiscal year ending March 31, 2013. The Company has also lowered the consolidated full-year guidance for revenue from JPY 28,000 million to JPY 24,500 million, operating profit from JPY 1,800 million to JPY 900 million, ordinary profit from JPY 1,500 million to JPY 500 million, net profit from JPY 700 million to JPY 250 million and earning per share from JPY 16.24 to JPY 5.80 for the fiscal year ending March 31, 2013. The Company lowered the consolidated mid-year and full-year forecasts due to poor sales performance and decreased orders. The Company has affirmed the mid-year dividend forecast of JPY 0 per share, as well as amended the year-end dividend forecast from JPY 5 per share to an undetermined value for the fiscal year ending March 31, 2013. 

Company Quote

254.0
7.0 +2.83%
23 Jul 2014