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JAPAN ELECTRONIC MATERIALS CORP Raises Consolidated Full-year Outlook and Lowers Year-end Dividend Forecast for FY 2013

Thursday, 25 Apr 2013 02:30am EDT 

JAPAN ELECTRONIC MATERIALS CORP announced that it has raised its consolidated full-year outlook for revenue from JPY 11,000 million to JPY 11,210 million, operating profit from a loss of JPY 70 million to JPY 10 million, ordinary profit from a loss of JPY 60 million to JPY 50 million, net profit from a loss of JPY 340 million to a loss of JPY 170 million and earning per share from a loss of JPY 32.11 to a loss of JPY 16.05, for the fiscal year ended March 2013. The Company raised the outlook due to the increased sales, the cost reduction and the record of exchange profit, among others. In addition, the Company has lowered its year-end dividend forecast from JPY 5 per share announced on May 14, 2012, to JPY 4 per share, for the fiscal year ended March 2013. 

Company Quote

-9.0 -1.82%
25 Jul 2014