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Nagano Japan Radio Co Ltd Expects Extraordinary Loss for FY 2014; Lowers Consolidated Mid-year and Full-year Outlook for FY 2014


Friday, 25 Oct 2013 02:30am EDT 

Nagano Japan Radio Co Ltd announced that it is expecting an extraordinary loss of JPY 262 million, due to depletion of fixed assets, for the fiscal year ending March 2014. The Company announced that it has lowered consolidated mid-year outlook for revenue from JPY 13,500 million to JPY 13,100 million, operating profit (loss) from JPY 270 million to JPY (1,350 million), ordinary profit (loss)from JPY 100 million to JPY (1,400 million), net profit (loss)from JPY 1000 million to JPY (1,500 million), earnings (loss)per share from JPY 2.75 to JPY (41.2) for the fiscal year ending March 2014. The Company announced that it has lowered consolidated full-year outlook for revenue from JPY 32,000 million to JPY 29,500 million, operating profit (loss)from JPY 1,000 million to JPY (1450 million), ordinary profit (loss)from JPY 650 million to JPY (1,600 million), net profit (loss)from JPY 400 million to JPY (1,700 million), earnings (loss) per share from JPY 10.99 to JPY (46.69) for the fiscal year ending March 2014. The negative outlook is mainly due to less-than-expected revenue from information and communication equipment business, as well as loss in fixed assets depletion. 

Company Quote

235.0
9.0 +3.98%
29 Aug 2014