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Wacom Co Ltd Lowers Mid-year and Full-year Consolidated Outlook for FY 2014


Friday, 18 Oct 2013 02:00am EDT 

Wacom Co Ltd announced that it has lowered its mid-year consolidated outlook for revenue from JPY 37,700 million to JPY 34,440 million, operating profit from JPY 3,550 million to JPY 3,050 million, ordinary profit from JPY 3,530 million to JPY 2,980 million, net profit from JPY 2,290 million to JPY 1,950 million, and earnings per share from JPY 13.62 to JPY 11.58, for the fiscal year ending March 31, 2014. The Company has lowered its full-year consolidated outlook for revenue from JPY 88,000 million to JPY 81,500 million, operating profit from JPY 11,380 million to JPY 9,830 million, ordinary profit from JPY 11,340 million to JPY 9,740 million, net profit from JPY 7,370 million to JPY 6,340 million, and earnings per share from JPY 43.83 to JPY 37.67, for the same fiscal year. This is due to the decrease in sales of component business. 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 90,900 million, operating profit of JPY 12,420 million and net profit of JPY 7,900 million, for the same fiscal year. 

Company Quote

446.0
-3.0 -0.67%
2:00am EDT