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MITSUBA Corp Amends Full-year Consolidated Outlook for FY 2014


Wednesday, 6 Nov 2013 01:00am EST 

MITSUBA Corp announced that it has raised its full-year consolidated outlook for revenue from JPY 240,000 million to JPY 265,000 million, operating profit from JPY 12,000 million to JPY 14,000 million, ordinary profit from JPY 13,000 million to JPY 16,000 million, and lowered its full-year consolidated outlook for net profit from JPY 8,000 million to JPY 4,500 million, and earnings per share from JPY 178.59 to JPY 100.50, for the fiscal year ending March 31, 2014. The Company raised its full-year consolidated outlook for revenue, operating profit, ordinary profit mainly due to the exchange rate change and cost reduction, and lowered its full-year consolidated outlook for net profit mainly due to the extraordinary loss caused by fine on violation of anti-monopoly law in the United States. According to I/B/E/S Estimates, analysts on average are expecting the Company to report its full-year consolidated outlook for revenue of JPY 255,000 million, operating profit of JPY 13,880 million and net profit of JPY 9,700 million, for the same fiscal year. 

Company Quote

1720.0
-10.0 -0.58%
31 Jul 2014