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NTN CORP Amends Consolidated Full-year Outlook for FY 2013

Wednesday, 24 Apr 2013 05:00am EDT 

NTN CORP announced that it has raised the consolidated full-year outlook for revenue from JPY 530,000 million to JPY 539,000 million, ordinary profit from JPY 500 million to JPY 2,500 million, but has lowered the consolidated full-year outlook for ordinary profit from JPY 7,500 million to JPY 7,000 million, net profit (loss) from JPY (7,000 million) to JPY (14,500 million) and earning (loss) per share from JPY (13.16) to JPY (27.26) for the fiscal year ended March 31, 2013. The positive outlook for revenue and ordinary profit is mainly due to the positive impact of exchange rate. The negative outlook for operating profit and net profit is mainly due to increase of retirement payment and loss in disposal of balance of inventories. 

Company Quote

-5.0 -1.04%
22 Sep 2014