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Provider: Reuters Investment Profile
Provider: Thomson Reuters Stock Report

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SANDEN CORP Amends Full-year Consolidated Outlook for FY Ending March 31, 2013

Friday, 8 Feb 2013 02:00am EST 

SANDEN CORP announced that it has reaffirmed its full-year consolidated outlook for revenue of JPY 240,000 million, and lowered its full-year consolidated outlook for operating profit from JPY 7,500 million to JPY 3,500 million, ordinary profit from JPY 8,500 million to JPY 4,500 million, net profit from JPY 6,500 million to JPY 3,500 million and earnings per share from JPY 47.69 to JPY 25.68 for the fiscal year ending March 31, 2013. The Company lowered its full-year outlook for profits mainly due to decreased income from automobile machinery business and increased cost on production localization. According to I/B/E/S Estimates, analysts on average are expecting the Company to report full-year revenue of JPY 239,500 million, operating profit of JPY 7,050 million and net profit of JPY 6,250 million. 

Company Quote

-7.0 -1.24%
8:13pm EDT