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Three F Co Ltd Expects Extraordinary Loss for First Half of FY 2014 and Lowers Mid-year Consolidated Outlook for FY 2014

Friday, 20 Sep 2013 04:00am EDT 

Three F Co Ltd announced that it expects the extraordinary loss of JPY 264 million, including JPY 144 million caused by impairment loss on stores and JPY 112 million caused by closing of non-profitable stores, for the first half of fiscal year ending February 2014. The Company has lowered its mid-year consolidated outlook for revenue from JPY 12,300 million to JPY 12,149 million, operating profit from JPY 520 million to JPY 387 million, ordinary profit from JPY 500 million to JPY 412 million, net profit from JPY 150 million to JPY 98 million, and earnings per share from JPY 19.80 to JPY 12.98, for the fiscal year ending February 2014. The Company lowered its mid-year consolidated outlook mainly due to the closing of stores and the extraordinary loss. 

Company Quote

23 Jan 2015