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Precision System Science Co., Ltd. Lowers Consolidated Mid-year and Full-year Outlook for FY 2012


Tuesday, 7 Feb 2012 01:30am EST 

Precision System Science Co., Ltd. announced that it has lowered its consolidated mid-year outlook for revenue from JPY 1,960 million to JPY 1,722 million, operating profit from JPY 20 million to a loss of JPY 49 million, ordinary profit from JPY 15 million to a loss of JPY 79 million, net profit from JPY 5 million to a loss of JPY 95 million and earning per share from JPY 54.79 to a loss of JPY 1,040.98, for the fiscal year ending June 2012. In addition, the Company has also lowered its consolidated full-year outlook for revenue from JPY 4,000 million to JPY 3,620 million, operating profit from JPY 40 million to JPY 10 million, ordinary profit from JPY 30 million to a loss of JPY 30 million, net profit from JPY 10 million to a loss of JPY 60 million and earning per share from JPY 109.58 to a loss of JPY 657.46, for the fiscal year ending June 2012. This is due to the decreased sales as well as the impact of the higher yen, among others. 

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