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MARUBUN CORP Raises Full-year Consolidated Outlook for FY 2014; Raises Year-end Dividend Forecast for FY 2014


Thursday, 31 Oct 2013 03:00am EDT 

MARUBUN CORP announced that it has raised its full-year consolidated outlook for revenue from JPY 225,500 million to JPY 253,000 million, operating profit from JPY 3,350 million to JPY 3,500 million, ordinary profit from JPY 3,200 million to JPY 3,350 million, net profit from JPY 1,550 million to JPY 1,675 million, and earnings per share from JPY 59.30 to JPY 64.09, for the fiscal year ending March 31, 2014. The Company raised its full-year consolidated outlook mainly due to the increase in sales of special integrated circuit (IC) for communication module as well as memory IC for peripheral equipment. The Company has raised its year-end dividend forecast from JPY 9.00 per share to JPY 10.00 per share, for the same fiscal year. 

Company Quote

597.0
-3.0 -0.50%
2:00am EDT