Key Developments: Advantest Corp (6857.T)
18 Dec 2013
Latest Key Developments (Source: Significant Developments)
Advantest Corporation Announces Consolidated Full-year Outlook Above Analysts' Estimate and Changes Year-end Dividend Forecast for FY 2012
Advantest Corporation announced its consolidated full-year outlook for revenue of JPY 138,000 million, operating profit of JPY 1,000 million, ordinary profit of a loss of JPY 1,800 million, net profit of a loss of JPY 1,000 million and earning per share of a loss of JPY 5.77, for the fiscal year ending March 2012. According to I/B/E/S Estimates, analysts were expecting the Company to report full-year revenue of JPY 130.62 billion and net profit of a loss of JPY 3.82 billion. The Company has also changed its year-end dividend forecast from an undetermined value to JPY 10 per share, for the fiscal year ending March 2012. Full Article
* Nikkei rises 0.3 pct, Topix sheds 0.3 pct * Corporate tax cut report sparks short-covering * U.S. govt shutdown, debt limit row weigh on sentiment * Advantest slumps after cutting full-yr earnings forecast By Tomo Uetake TOKYO, Sept 26 - Japan's Nikkei average posted modest gains on Thursday morning as a media report on plans for corporate tax cuts helped to erase earlier losses sparked by worries of a U.S political deadlock over its budget and debt ceiling.