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Kyosan Electric Manufacturing Co Ltd Lowers Consolidated Mid-year and Full-year Outlook for FY 2013


Tuesday, 25 Sep 2012 02:00am EDT 

Kyosan Electric Manufacturing Co Ltd announced that it has lowered the consolidated mid-year outlook for revenue from JPY 20,000 million to JPY 17,000 million, operating profit (loss) from JPY (1,500 million) to JPY (3,900 million), ordinary profit (loss) from JPY (1,500 million) to JPY (3,900 million), net profit (loss) from JPY (900 million) to JPY (2,500 million) and earning (loss) per share from JPY (14.34) to JPY (39.84) for the fiscal year ending March 31, 2013. The Company has also lowered the consolidated full-year outlook for revenue from JPY 62,000 million to JPY 59,000 million, operating profit from JPY 4,000 million to JPY 1,900 million, ordinary profit from JPY 3,700 million to JPY 1,800 million, net profit from JPY 2,000 million to JPY 1,000 million and earning per share from JPY 31.87 to JPY 15.93 for the fiscal year ending March 31, 2013. The negative outlook is mainly due to bad sales condition of electric equipment business. 

Company Quote

359.0
4.0 +1.13%
1:59am EDT