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MATSUO ELECTRIC CO LTD Amends Consolidated Mid-year and Full-year Outlook for FY 2014


Wednesday, 6 Nov 2013 02:00am EST 

MATSUO ELECTRIC CO LTD announced that it has lowered consolidated mid-year outlook for revenue from JPY 3,200 million to JPY 3,188 million, operating profit (loss) from JPY 0 million to JPY (40 million), ordinary profit (loss) from JPY 0 million to JPY (31 million), net profit (loss) from JPY 0 million to JPY (10 million), earnings (loss) per share from JPY 0 to JPY (0.38) for the fiscal year ending March 2014. The COmpany also announced that it has lowered consolidated full-year outlook for revenue from JPY 6,600 million to JPY 6,500 million, reaffirmed the outlook for operating profit at JPY 100 million, ordinary profit at JPY 100 million, raised the outlook for net profit from JPY 80 million to JPY 120 million, earnings per share from JPY 3.11 to JPY 4.66 for the fiscal year ending March 2014. The negative mid-year outlook is mainly due to less-than-expected sales in the first quarter of the period. 

Company Quote

150.0
-1.0 -0.66%
24 Jul 2014