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Maezawa Industries Inc lowers consolidated full-year outlook for FY 2014


Friday, 4 Jul 2014 03:00am EDT 

Maezawa Industries Inc:Says the company lowered the consolidated full-year outlook for the FY ended May 2014.Revenue forecast decreased to 27,100 million yen from 27,500 million yen.Operating profit forecast decreased to 700 million yen from 760 million yen.Ordinary profit forecast decreased to 650 million yen from 670 million yen.Net profit forecast decreased to 480 million yen from 550 million yen.Earnings per share decreased to 26.17 yen from 30.00 yen.Comments that increased cost in environment business is the main reason for the forecast. 

Company Quote

357.0
-1.0 -0.28%
28 Jul 2014