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MATSUO ELECTRIC CO LTD Lowers Full-year Consolidated Outlook for FY Ending March 31, 2013


Tuesday, 12 Feb 2013 02:00am EST 

MATSUO ELECTRIC CO LTD announced that it has lowered its full-year consolidated outlook for revenue from JPY 6,600 million to JPY 6,200 million, operating profit (loss) from JPY (250 million) to JPY (450 million), ordinary profit (loss) from JPY (250 million) to JPY (450 million), net profit (loss) from JPY (400 million) to JPY (600 million) and earnings (loss) per share from JPY (15.54) to JPY (23.32) for the fiscal year ending March 31, 2013. The Company lowered its full-year outlook mainly due to decreased sales, increased tantalum material price and loss on valuation of investment securities and product malfunction measures. 

Company Quote

139.0
1.0 +0.72%
12:11am EDT