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NIDEC COPAL ELECTRONICS CORP Raises Mid-year and Full-year Consolidated Outlook for FY 2014


Thursday, 17 Oct 2013 02:30am EDT 

NIDEC COPAL ELECTRONICS CORP announced that it has raised its mid-year consolidated outlook for revenue from JPY 13,000 million to JPY 15,600 million, operating profit from JPY 1,400 million to JPY 2,500 million, ordinary profit from JPY 1,400 million to JPY 2,700 million, net profit from JPY 900 million to JPY 1,900 million, and earnings per share from JPY 13.57 to JPY 28.66, for the fiscal year ending March 31, 2014. The Company also has raised its full-year consolidated outlook for revenue from JPY 27,000 million to JPY 29,000 million, operating profit from JPY 3,500 million to JPY 4,150 million, ordinary profit from JPY 3,500 million to JPY 4,350 million, net profit from JPY 2,300 million to JPY 3,000 million, and earnings per share from JPY 34.69 to JPY 45.25, for the same fiscal year. The Company raised its mid-year and full-year consolidated outlook mainly due to the smooth progress of semiconductor manufacturing equipment, game console and medical equipment markets, as well as improvement of production efficiency. 

Company Quote

915.0
-16.0 -1.72%
29 Aug 2014