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MORITA HOLDINGS CORP Amends Consolidated Full-year Outlook for FY 2013; Expects Extraordinary Losses for FY 2013


Friday, 21 Dec 2012 01:00am EST 

MORITA HOLDINGS CORP announced that it has raised the consolidated full-year outlook for revenue from JPY 66,000 million to JPY 68,000 million, operating profit from JPY 5,300 million to JPY 6,000 million, ordinary profit from JPY 5,500 million to JPY 6,200 million, but has lowered the consolidated full-year outlook for net profit from JPY 3,200 million to JPY 2,840 million and earning per share from JPY 71.74 to JPY 63.68 for the fiscal year ending March 31, 2013. The positive outlook for revenue, operating profit and ordinary profit is mainly due to the good performance of fire truck business and disaster prevention business. The negative net profit outlook is mainly due to record of extraordinary loss. The Company is expecting an extraordinary loss of approximately JPY 1,700 million, as loss in the selling of fixed assets, and a loss of approximately JPY 200 million, as loss in the headquarter transfer, for the fiscal year ending March 31, 2013. 

Company Quote

996.0
-37.0 -3.58%
1 Aug 2014