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Japan Resistor Mfg. Co Ltd (6977.T)

6977.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Japan Resistor Mfg amends consolidated full-year outlook for FY 2015
Wednesday, 10 Feb 2016 12:00am EST 

Japan Resistor Mfg Co Ltd:Says the company increased the consolidated full-year outlook for revenue to 5,508 mln yen from 5,500 mln yen, for the fiscal year ended Dec. 31, 2015.Sees a decrease of operating profit forecast to 33 mln yen from 60 mln yen.Sees a decrease of ordinary profit forecast to 41 mln yen from 60 mln yen.Sees a decrease of net profit forecast to a loss of 32 mln yen from 20 mln yen.Sees a decrease of earnings per share to a loss of 2.59 yen from 1.62 yen.Says revenue outlook raised due to the increased sale of electricity power devices for LED lighting.  Full Article

Japan Resistor Mfg lowers consolidated mid-year and full-year outlook for FY 2015
Tuesday, 11 Aug 2015 01:00am EDT 

Japan Resistor Mfg Co Ltd:Says the company lowered the consolidated mid-year outlook for revenue to 2,754 million yen from 2,800 million yen for FY ending Dec. 2015.Sees a decrease of operating profit forecast to 23 million yen from 30 million yen.Sees a decrease of ordinary profit forecast to 24 million yen from 25 million yen.Sees a decrease of net profit forecast to -36 million yen from 15 million yen.Sees a decrease of earnings per share to -3.07 yen from 1.21 yen.Says the company lowered the consolidated full-year outlook for revenue to 5,500 million yen from 5,800 million yen for FY 2015.Sees a decrease of operating profit forecast to 60 million yen from 80 million yen.Sees a decrease of ordinary profit forecast to 60 million yen from 70 million yen.Sees a decrease of net profit forecast to 20 million yen from 40 million yen.Sees a decrease of earnings per share to 1.62 yen from 3.23 yen.Comments the sales decrease of hybrid IC as the main reason for the forecast.  Full Article

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