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Kanemitsu Corp (7208.T)

7208.T on Tokyo Stock Exchange

21 Jul 2017
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Latest Key Developments (Source: Significant Developments)

KANEMITSU lowers consolidated full-year outlook for FY 2016
Tuesday, 10 Nov 2015 01:00am EST 

KANEMITSU CORP:Says the company lowered the consolidated full-year outlook for revenue to 8,300 million yen from 8,900 million yen for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to 630 million yen from 800 million yen.Sees a decrease of ordinary profit forecast to 560 million yen from 750 million yen.Sees a decrease of net profit forecast to 390 million yen from 530 million yen.Sees a decrease of earnings per share to 76.27 yen from 103.65 yen.Comments that decreased demand of overseas market is the main reason for the forecast.  Full Article