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TANAKA CO LTD Lowers Consolidated Full-year Outlook and ChangesYear-end Dividend Forecast for FY 2013

Wednesday, 6 Mar 2013 01:00am EST 

TANAKA CO LTD announced that it has lowered its consolidated full-year outlook for revenue from JPY 23,650 million to JPY 23,315 million, operating profit from JPY 1,203 million to JPY 746 million, ordinary profit from JPY 1,203 million to JPY 730 million, net profit from JPY 638 million to JPY 299 million and earning per share from JPY 72.44 to JPY 34.02, for the fiscal year ending March 2013. The Company lowered the outlook due to the fierce price competition and the delayed sale of some projects. In addition, the Company has also changed its year-end dividend forecast from an undermined value announced on May 10, 2012 to JPY 10 per share, for the fiscal year ending March 2013. 

Company Quote

2.0 +0.30%
8:31pm EST