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AISIN SEIKI CO LTD Raises Mid-year and Full-year Consolidated Outlook for FY 2014


Wednesday, 31 Jul 2013 12:00am EDT 

AISIN SEIKI CO LTD announced that it has decided to raise a consolidated mid-year outlook for revenue from JPY 1,300,000 million to JPY 1,380,000 million, operating profit from JPY 70,000 million to JPY 85,000 million, ordinary profit from JPY 75,000 million to JPY 95,000 million, net profit from JPY 32,000 million to JPY 42,000 million, and earnings per share from JPY 113.53 to JPY 149.00, for the fiscal year ending March 31, 2014. The Company has also raised the consolidated full-year outlook for revenue from JPY 2,650,000 million to JPY 2,730,000 million, operating profit from JPY 155,000 million to JPY 170,000 million, ordinary profit from JPY 160,000 million to JPY 180,000 million, net profit from JPY 70,000 million to JPY 80,000 million, and earnings per share from JPY 248.36 to JPY 283.81, for the fiscal year ending March 31, 2014. The positive outlook is mainly due to improved business performance. According to I/B/E/S Estimates, analysts on average were expecting the Company to report full-year revenue of JPY 2,772.70 billion, operating profit of JPY 184.21 billion and net income of JPY 88.99 billion. 

Company Quote

4435.0
50.0 +1.14%
26 Dec 2014