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TAY TWO CO LTD Lowers Consolidated Mid-year and Full-year Outlook for FY 2014; Lowers Mid-term and Year-end Dividend Forecasts for FY 2014


Tuesday, 16 Jul 2013 02:30am EDT 

TAY TWO CO LTD announced that it has lowered its consolidated mid-year outlook for revenue from JPY 15,500 million to JPY 14,600 million, operating profit from JPY 310 million to JPY 152 million, ordinary profit from JPY 310 million to JPY 150 million, net profit from JPY 140 million to JPY 43 million and earning per share from JPY 271.45 to JPY 83.37 , for the fiscal year ending February 2014. In addition, the Company has also lowered its consolidated full-year outlook for revenue from JPY 33,000 million to JPY 32,600 million, operating profit from JPY 710 million to JPY 610 million, ordinary profit from JPY 700 million to JPY 600 million, net profit from JPY 310 million to JPY 210 million and earning per share from JPY 6.01 to JPY 4.07, for the fiscal year ending February 2014. The Company lowered the outlook due to the decreased sales and the increased investment cost. In addition, the Company has lowered its mid-term dividend forecast from JPY 110 per share to JPY 80 per share and its year-end dividend forecast from JPY 1.10 per share to JPY 0.80 per share, for the fiscal year ending February 2014. 

Company Quote

62.0
2.0 +3.33%
26 Dec 2014