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TOMEN ELECTRONICS CORP Lowers Consolidated Mid-year Forecast for FY 2014; Amends Consolidated Full-year Forecast for FY 2014


Thursday, 26 Sep 2013 02:30am EDT 

TOMEN ELECTRONICS CORP announced that it has lowered the consolidated mid-year forecast for revenue from JPY 82,000 million to JPY 80,000 million, operating profit from JPY 1,870 million to JPY 880 million, ordinary profit from JPY 1,820 million to JPY 720 million, net profit from JPY 1,200 million to JPY 450 million and earning per share from JPY 74.19 to JPY 27.82 for the fiscal year ending March 31, 2014. The Company has raised the consolidated full-year forecast for revenue from JPY 165,000 million to JPY 174,000 million but lowered the forecast for operating profit from JPY 3,820 million to JPY 3,650 million, ordinary profit from JPY 3,750 million to JPY 3,290 million, net profit from JPY 2,450 million to JPY 2,100 million and earning per share from JPY 151.48 to JPY 129.84 for the fiscal year ending March 31, 2014. This is due to decreased sales of products for smart phone industry and amusement industry. 

Company Quote

1652.0
2.0 +0.12%
2:00am EDT