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Jalco Holdings expects extraordinary losses and lowers full-year consolidated outlook for FY 2014; expects extraordinary profit for Q2 of FY 2015


Monday, 9 Jun 2014 04:30am EDT 

Jalco Holdings Inc:Sees extraordinary losses of 443 mln yen and 81 mln yen as allowance for bad debt, 60 mln yen as investigation expense, and 80 mln yen as loss on sale of fixed assets, for fiscal year ended March 31, 2014.Lowered full-year consolidated outlook for fiscal year ended March 31, 2014.Full-year revenue outlook of 1,269 mln yen lowered from 7,000 mln yen.Full-year operating profit outlook of 37 mln yen lowered from 400 mln yen.Full-year ordinary profit outlook of 36 mln yen lowered from 420 mln yen.Full-year net profit (loss) outlook of (496 mln) yen lowered from 430 mln yen.Full-year earnings (loss) per share outlook of (11.66) yen lowered from 10.89 yen.Outlook lowered due to fictitious transaction of client on used amusement machine and the extraordinary losses.Sees extraordinary profit of 82 mln yen as gain on sale of property, for Q2 of fiscal year ending March 2015 instead of for fiscal year ended March 31, 2014, which was previously disclosed on Feb. 20. 

Company Quote

134.0
2.0 +1.52%
31 Oct 2014