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TOKYO KOKI CO LTD Announces Amendment on Extraordinary Profit and Loss for FY 2014; Amends Consolidated Mid-year and Full-year Guidance for FY 2014; Completes Divest Subsidiary


Thursday, 19 Sep 2013 05:00am EDT 

TOKYO KOKI CO LTD announced that it expects extraordinary loss of JPY 33 million on sale of shares of affiliated company, instead of extraordinary profit of JPY 79 million as announced on June 13, 2013, for the fiscal year ending February 28, 2014. The Company has raised the consolidated mid-year guidance for revenue from JPY 2,470 million to JPY 2,882 million but lowered the guidance for operating profit (loss) from JPY 6 million to JPY (45 million), ordinary profit (loss) from JPY (35 million) to JPY (84 million), net profit (loss) from JPY (57 million) to JPY (123 million) and earning (loss) per share from JPY (0.79) to JPY (1.73) for the fiscal year ending February 2014. The Company has also raised the consolidated full-year guidance for revenue from JPY 5,269 million to JPY 6,152 million but lowered the guidance for operating profit from JPY 155 million to JPY 118 million, ordinary profit from JPY 71 million to JPY 50 million, net profit (loss) from JPY 107 million to JPY (40 million) and earning (loss) per share from JPY 1.51 to JPY (0.56) for the fiscal year ending February 2014. The Company has completed to sell a 100% stake in a Shenyang-based subsidiary, to two individuals, for JPY 120,375,000 (RMB 7.5 million), on September 18, 2013. 

Company Quote

42.0
0.0 +0.00%
28 Jul 2014