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Nishishiba Electric Co Ltd Amends Full-year Consolidated Outlook for FY 2014; Amend Year-end Dividend Forecast for FY 2014


Thursday, 31 Oct 2013 01:00am EDT 

Nishishiba Electric Co Ltd announced that it has lowered its full-year consolidated outlook for revenue from JPY 20,800 million to JPY 19,500 million, and raised its full-year consolidated outlook for operating profit from JPY 480 million to JPY 700 million, ordinary profit from JPY 430 million to JPY 660 million, net profit from JPY 250 million to JPY 390 million, and earnings per share from JPY 6.40 to JPY 9.99, for the fiscal year ending March 31, 2014. The Company lowered its full-year consolidated outlook for revenue mainly due to the decrease in orders from power generation and industrial system areas, and raised its full-year consolidated outlook for operating profit, ordinary profit and net profit mainly due to the reduction in cost. The Company has amended its year-end dividend forecast from an undetermined value to JPY 3.00 per share, for the same fiscal year. 

Company Quote

195.0
0.0 +0.00%
22 Sep 2014