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KAPPA CREATE CO LTD Lowers Consolidated Full-year Outlook and Year-end Dividend Outlook for FY Ending February 28, 2013


Thursday, 4 Oct 2012 02:00am EDT 

KAPPA CREATE CO LTD announced that it has lowered its consolidated full-year outlook for revenue from JPY 96,800 million to JPY 94,600 million, operating profit from JPY 3,560 million to JPY 2,180 million, ordinary profit from JPY 3,430 million to JPY 2,000 million, net profit from JPY 1,700 million to JPY 940 million and earning per share from JPY 88.77 to JPY 48.98 for the fiscal year ending February 28, 2013. This is due to the decreased sale of domestic sushi businesses. According to I/B/E/S Estimates, analysts on average are expecting the Company to report full-year revenue of JPY 93.90 billion and net profit of JPY 1.40 billion. The Company also lowered its year-end dividend outlook from JPY 25.00 per share, which was announced on April 4, 2012, to JPY 20.00 per share, for the same fiscal year. 

Company Quote

1063.0
-3.0 -0.28%
2:00am EDT