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TOKAI RIKA CO LTD Raises Consolidated Full-year Outlook for FY 2013

Thursday, 31 Jan 2013 12:45am EST 

TOKAI RIKA CO LTD announced that it has raised the consolidated full-year outlook for revenue from JPY 355,000 million to JPY 363,000 million, operating profit from JPY 19,000 million to JPY 21,000 million, ordinary profit from JPY 19,500 million to JPY 22,000 million, net profit from JPY 1,000 million to JPY 2,000 million and earning per share from JPY 11.07 to JPY 22.15 for the fiscal year ending March 31, 2013. The positive outlook is mainly due to reduction of costs and the impact of exchange rate. According to I/B/E/S Estimates, analysts on average were expecting the Company to report full-year revenue of JPY 356.20 billion, operating profit of JPY 19.16 billion and net income of JPY 1.08 billion. 

Company Quote

14.0 +0.66%
2:00am EDT