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Futaba Industrial Co Ltd Amends Consolidated Full-year Outlook for FY 2013


Thursday, 31 Jan 2013 02:20am EST 

Futaba Industrial Co Ltd announced that it has raised the consolidated full-year outlook for revenue from JPY 356,800 million to JPY 361,000 million, but has lowered the consolidated full-year outlook for operating profit (loss) from JPY 100 million to JPY (1,800 million), ordinary profit (loss) from JPY (1,500 million) to JPY (2,800 million), net profit (loss) from JPY (3,300 million) to JPY (3,800 million) and earning (loss) per share from JPY (47.17) to JPY (54.32) for the fiscal year ending March 31, 2013. The negative profit outlook is mainly due to less-than-expected sales. According to I/B/E/S Estimates, analysts on average were expecting the Company to report full-year revenue of JPY 356.80 billion, operating profit of JPY 0.10 billion and net income (loss) of JPY (3.30 billion). 

Company Quote

605.0
2.0 +0.33%
21 Nov 2014