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TAIHO KOGYO CO LTD Amends Consolidated Full-year Outlook for FY 2013


Thursday, 31 Jan 2013 12:10am EST 

TAIHO KOGYO CO LTD announced that it has lowered the consolidated full-year outlook for revenue from JPY 88,000 million to JPY 85,000 million, operating profit from JPY 4,600 million to JPY 3,000 million, ordinary profit from JPY 4,400 million to JPY 3,100 million and has raised the consolidated full-year outlook for net profit from JPY 2,600 million to JPY 2,900 million and earning per share from JPY 92.61 to JPY 102.81 for the fiscal year ending March 31, 2013. The negative outlook for revenue, operating profit and ordinary profit is mainly due to decrease of sales and increase of costs. According to I/B/E/S Estimates, analysts on average were expecting the Company to report full-year revenue of JPY 86.17 billion, operating profit of JPY 3.83 billion and net income of JPY 2.57 billion. 

Company Quote

1330.0
27.0 +2.07%
24 May 2013