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Colowide Co Ltd Amends Mid-year and Full-year Consolidated Outlook for FY 2014


Tuesday, 29 Oct 2013 02:00am EDT 

Colowide Co Ltd announced that it has lowered its mid-year consolidated outlook for revenue from JPY 74,129 million to JPY 72,472 million, operating profit from JPY 2,458 million to JPY 1,564 million, ordinary profit from JPY 1,509 million to JPY 833 million, and raised its mid-year consolidated outlook for net profit (loss) from JPY (390 million) to JPY 1,411 million, and earnings (loss) per share from JPY (6.64) to JPY 17.37, for the fiscal year ending March 31, 2014. The Company has lowered its full-year consolidated outlook for revenue from JPY 150,950 million to JPY 148,604 million, and raised its full-year consolidated outlook for operating profit from JPY 7,224 million to JPY 7,235 million, ordinary profit from JPY 5,347 million to JPY 5,349 million, net profit from JPY 1,500 million to JPY 2,380 million, and earnings per share from JPY 17.11 to JPY 28.84, for the same fiscal year. The Company lowered its consolidated outlook for revenue mainly due to the increase in closed stores, lowered its mid-year consolidated outlook for operating profit and ordinary profit mainly due to the increase in fixed expense and store maintenance cost, raised its mid-year consolidated outlook for net profit due to gain on sale of securities of affiliated company, and raised its full-year consolidated outlook for operating profit, ordinary profit and net profit due to the contribution of subsidiary and revision of purchase price. 

Company Quote

1940.0
4.0 +0.21%
31 Jul 2015