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Sanyo Denki Co Ltd Lowers Full-year Consolidated Outlook for FY 2013

Monday, 28 Jan 2013 01:00am EST 

Sanyo Denki Co Ltd announced that it has lowered its full-year consolidated outlook for revenue from JPY 73,000 million to JPY 65,000 million, operating profit from JPY 5,200 million to JPY 3,700 million, ordinary profit from JPY 5,300 million to JPY 4,000 million, net profit from JPY 3,700 million to JPY 2,600 million, and earnings per share from JPY 59.55 to JPY 41.85, for the fiscal year ending March 31, 2013. The Company lowered its full-year consolidated outlook mainly due to the decrease in demands from China-related market and factory automation (FA)-related market. According to I/B/E/S Estimates, analysts on average are expecting the Company to report its full-year consolidated outlook for revenue of JPY 67,500 million, operating profit of JPY 4,930 million and net profit of JPY 3,100 million, for the same fiscal year. 

Company Quote

17.0 +2.17%
19 Dec 2014