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Anrakutei Co Ltd (7562.T)

7562.T on Tokyo Stock Exchange

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ANRAKUTEI lowers full-year consolidated outlook and expects extraordinary loss for FY 2015
Friday, 8 May 2015 03:00am EDT 

ANRAKUTEI Co Ltd:Lowers full-year consolidated outlook for fiscal year ended March 31, 2015.Full-year revenue outlook of 17,272 mln yen lowered from 17,360 mln yen.Full-year operating profit outlook of 571 mln yen lowered from 820 mln yen.Full-year ordinary profit outlook of 424 mln yen lowered from 620 mln yen.Full-year net profit outlook of 375 mln yen lowered from 480 mln yen.Full-year earnings per share outlook of 17.54 yen lowered from 22.44 yen.Outlook lowered due to slow recovery of individual consumption, increased material cost and labor cost.Sees additional extraordinary loss of 16 mln yen as loss on depreciation of fixed assets and 43 mln yen as provision for sublease loss, for fiscal year 2015.  Full Article

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