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TOMEN ELECTRONICS CORP Lowers Consolidated Full-year Outlook for FY 2013; Lowers Year-end Dividend Forecast for FY 2013


Wednesday, 30 Jan 2013 01:30am EST 

TOMEN ELECTRONICS CORP announced that it has lowered the consolidated full-year outlook for revenue from JPY 160,000 million to JPY 152,800 million, operating profit from JPY 5,050 million to JPY 2,870 million, ordinary profit from JPY 5,200 million to JPY 3,140 million, net profit from JPY 3,500 million to JPY 2,400 million and earning per share from JPY 216.40 to JPY 148.39 for the fiscal year ending March 31, 2013. The negative outlook is mainly due to the low demand for semiconductor products and the slow down of emerging market economy. The Company also announced that it has lowered the year-end dividend forecast from JPY 25 per share, disclosed on April 25, 2012, to JPY 20 per share, for the fiscal year ending March 31, 2013. 

Company Quote

1657.0
0.0 +0.00%
2:00am EDT