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FUJITEC CO LTD Raises Mid-year and Full-year Consolidated Outlook for FY 2014; Raises Mid-term and Year-end Dividend Forecasts for FY 2014


Thursday, 8 Aug 2013 01:00am EDT 

FUJITEC CO LTD announced that it has raised its mid-year consolidated outlook for revenue from JPY 62,000 million to JPY 66,000 million, operating profit from JPY 3,900 million to JPY 4,800 million, ordinary profit from JPY 4,200 million to JPY 5,200 million, net profit from JPY 2,500 million to JPY 2,800 million, and earnings per share from JPY 26.72 to JPY 29.93, for the fiscal year ending March 31, 2014. The Company also has raised its full-year consolidated outlook for revenue from JPY 137,000 million to JPY 150,000 million, operating profit from JPY 9,600 million to JPY 11,000 million, ordinary profit from JPY 10,200 million to JPY 11,800 million, net profit from JPY 5,800 million to JPY 6,600 million, and earnings per share from JPY 61.99 to JPY 70.54, for the same fiscal year. The Company raised its mid-year and full-year consolidated outlook mainly due to the depreciation of yen and increase in revenue from China market. The Company also has raised its mid-term and year-end dividend forecasts from JPY 7 per share to JPY 9 per share respectively, for the same fiscal year. 

Company Quote

1148.0
-38.0 -3.20%
2:00am EDT