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Onkyo Corp expects extraordinary profit for FY 2015 and amends consolidated full-year outlook for FY 2015


Friday, 13 Jun 2014 05:00am EDT 

Onkyo Corp:Says it expects an extraordinary profit of 729 million yen as investment gain from sales of security in Teac for FY ending March 2015.Says the company reaffirmed the consolidated full-year outlook for revenue at 45,000 million yen for FY ending March 2015.Confirms the operating profit forecast at 800 million yen.Confirms the ordinary profit forecast at 500 million yen.Raises the net profit forecast to 1,070 million yen from 400 million yen.Raises the earnings per share to 17.26 yen from 6.45 yen.Comments that sales of security is the main reason for the forecast. 

Company Quote

145.0
3.0 +2.11%
19 Dec 2014