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SATORI ELECTRIC CO LTD Amends Consolidated Full-year Forecast for FY 2013


2:00am EDT 

SATORI ELECTRIC CO LTD announced that it has lowered the consolidated full-year forecast for revenue from JPY 130,000 million to JPY 129,900 million but raised the forecast for operating profit from JPY 400 million to JPY 520 million, ordinary profit from JPY 500 million to JPY 730 million, net profit (loss) from JPY (2,100 million) to JPY (1,860 million) and earning (loss) per share from JPY (123.84) to JPY (109.69) for the fiscal year ended May 31, 2013. The Company amended the consolidated full-year outlook due to improved efficiency of costs and profit on foreign exchange. 

Company Quote

501.0
5.0 +1.01%
2 Jul 2013