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ONOKEN CO LTD Lowers Financial Outlook and Dividend Forecast for FY 2013


Wednesday, 31 Oct 2012 01:00am EDT 

ONOKEN CO LTD announced that it has lowered its consolidated mid-year outlook for revenue from JPY 75,594 million to JPY 69,492 million, operating profit from JPY 1,631 million to JPY 1,255 million, ordinary profit from JPY 1,667 million to JPY 1,330 million, net profit from JPY 1,011 million to JPY 786 million and earning per share from JPY 48.77 to JPY 37.92, for the fiscal year ending March 2013. In addition, the Company has also lowered its consolidated full-year outlook for revenue from JPY 154,893 million to JPY 146,217 million, operating profit from JPY 3,484 million to JPY 2,953 million, ordinary profit from JPY 3,550 million to JPY 3,080 million, net profit from JPY 2,149 million to JPY 1,903 million and earning per share from JPY 103.68 to JPY 91.81, for the fiscal year ending March 2013. The Company lowered the outlook due to the impact of the Europe crisis and the higher yen as well as the lower steel price, among others. The Company has also lowered its mid-term dividend forecast from JPY 15.00 per share to JPY 12.00 per share, but affirmed its year-end dividend forecast of JPY 15.00 per share, for the fiscal year ending March 2013. 

Company Quote

1133.0
-14.0 -1.22%
10 Jul 2014