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Tokyo Cosmos Electric Co Ltd Amends Consolidated Full-year Outlook and Year-end Dividend Forecast for FY 2014


Wednesday, 13 Nov 2013 12:00am EST 

Tokyo Cosmos Electric Co Ltd announced that it has lowered its consolidated full-year outlook for revenue from JPY 8,500 million to JPY 7,600 million, but raised the outlook for operating profit from JPY 600 million to JPY 650 million, ordinary profit from JPY 600 million to JPY 650 million, net profit from JPY 330 million to JPY 370 million and earning per share from JPY 21.02 to JPY 23.57, for the fiscal year ending March 2014. The Company lowered the revenue outlook due to the decreased sales, and raised the profit outlook due to the impact of the lower yen and the cost reduction. In addition, the Company has also raised its year-end dividend forecast from JPY 4.00 per share announced on May 17, 2013 to JPY 4.50 per share, for the fiscal year ending March 2014. 

Company Quote

199.0
6.0 +3.11%
1:59am EDT