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PLANEX HOLDING lowers mid-year and full-year consolidated profit outlook for FY 2014; cancels mid-term and year-end dividend payment for FY 2014


Tuesday, 13 May 2014 04:00am EDT 

PLANEX HOLDING INC:Mid-year consolidated outlook for revenue of 4,686 mln yen lowered from 5,163 mln yen, for fiscal year ending Dec. 31, 2014.Mid-year operating profit (loss) outlook of (118 mln) yen lowered from 123 mln yen.Mid-year ordinary profit (loss) outlook of (123 mln) yen lowered from 111 mln yen.Mid-year net profit (loss) outlook of (114 mln) yen lowered from 59 mln yen.Mid-year earnings (loss) per share outlook of (14.95) yen lowered from 7.70 yen.Full-year consolidated outlook for revenue of 10,061 mln yen raised from 9,626 mln yen.Full-year operating profit outlook of 68 mln yen lowered from 216 mln yen.Full-year ordinary profit outlook of 45 mln yen lowered from 192 mln yen.Full-year net profit (loss) outlook of (15 mln) yen lowered from 100 mln yen.Full-year earnings (loss) per share outlook of (1.97) yen lowered from 13.10 yen.Profit outlook lowered due to downsizing of large information communication and network cases, decreased customer in heavy snow, loss on valuation of inventories and sluggish trading volume of foreign currency.Cancels mid-term and year-end dividend payment, which were disclosed as 5 yen per share, for the same fiscal year. 

Company Quote

593.0
-2.0 -0.34%
21 Nov 2014