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Maezawa Industries Inc (6489.T)

6489.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Maezawa Industries amends consolidated mid-year outlook for FY 2016 and expects extraordinary profit for H1 of FY 2016
Thursday, 7 Jan 2016 02:30am EST 

Maezawa Industries Inc:Says the company lowered the consolidated mid-year outlook for revenue to 9,643 mln yen from 10,100 mln yen for the fiscal year ending May 31, 2016.Operating profit forecast increased to a loss of 1,142 mln yen from a loss of 1,170 mln yen.Ordinary profit forecast increased to a loss of 1,152 mln yen from a loss of 1,180 mln yen.Net profit forecast increased to a loss of 802 mln yen from a loss of 1,190 mln yen.Earnings per share increased to a loss of 43.78 yen from a loss of 64.90 yen.Says revenue outlook lowered due to the decrease in order volume and profit outlook raised due to the cost reduction.Says it expects an extraordinary profit of 353 mln yen for H1 of fiscal year ending May 31, 2016.  Full Article

Maezawa Industries lowers consolidated full-year outlook for FY 2015
Friday, 3 Jul 2015 03:00am EDT 

Maezawa Industries Inc:Says the company lowered the consolidated full-year outlook for revenue to 29,045 million yen from 30,800 million yen for the fiscal year ended May 31, 2015.Sees a decrease of operating profit forecast to 706 million yen from 950 million yen.Sees a decrease of ordinary profit forecast to 703 million yen from 890 million yen.Sees a decrease of net profit forecast to 505 million yen from 720 million yen.Sees a decrease of earnings per share to 27.60 yen from 39.27 yen.Comments the delayed construction work and high cost for environment business are the main reasons for the forecast.  Full Article

Maezawa Industries raises year-end dividend forecast for FY 2015
Monday, 13 Apr 2015 03:00am EDT 

Maezawa Industries Inc:Says it raised the year-end dividend forecast to 5 yen per share from 3 yen per share for the FY ending May 2015.  Full Article

Maezawa Industries raises consolidated mid-year outlook for FY 2015
Thursday, 8 Jan 2015 02:00am EST 

Maezawa Industries Inc:Says the company raised the consolidated mid-year outlook for the FY ending May 2015.Revenue forecast increased to 9,616 million yen from 8,500 million yen.Operating profit forecast increased to a loss of 838 million yen from a loss of 1,550 million yen.Ordinary profit forecast increased to a loss of 853 million yen from a loss of 1,570 million yen.Net profit forecast increased to a loss of 872 million yen from a loss of 1,580 million yen.Earnings per share forecast increased to a loss of 47.60 yen from a loss of 86.17 yen.Comments that increased orders and cost reduction are the main reasons for the forecast.  Full Article