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SEGA SAMMY HOLDINGS INC Lowers Consolidated Mid-year Outlook for FY 2013


Monday, 15 Oct 2012 03:00am EDT 

SEGA SAMMY HOLDINGS INC announced that it has lowered the consolidated mid-year outlook for revenue from JPY 163,000 million to JPY 136,000 million, net profit from JPY 3,500 million to JPY 2,000 million and earning per share from JPY 14.22 to JPY 8.12, but has raised the consolidated mid-year outlook for operating profit from JPY 2,500 million to JPY 6,000 million and ordinary profit from JPY 2,000 million to JPY 5,000 million for the fiscal year ending March 31, 2013. The negative outlook for revenue and net profit is mainly due to less-than-expected sales of pachinko machine and increase of tax. The positive outlook for operating profit and ordinary profit is mainly due to good sales of package sector in its consumer business, improvement of profitability and reduction of costs. 

Company Quote

1794.0
15.0 +0.84%
10:30pm EDT