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KURODA PRECISION INDUSTRIES LTD Lowers Full-year Consolidated Outlook for FY Ending March 31, 2013; Amends Year-end Dividend Forecast for FY Ending March 31, 2013

Thursday, 14 Feb 2013 01:00am EST 

KURODA PRECISION INDUSTRIES LTD announced that it has lowered its full-year consolidated outlook for revenue from JPY 10,400 million to JPY 10,200 million, operating profit from JPY 300 million to JPY 60 million, ordinary profit from JPY 440 million to JPY 260 million, net profit (loss) from JPY 220 million to JPY (240 million) and earnings (loss) per share from JPY 7.82 to JPY (8.54) for the fiscal year ending March 31, 2013. The Company lowered its full-year outlook mainly due to decreased orders, reduction of deferred tax asset and loss on selling investment securities. The Company also announced that it has amended its year-end dividend forecast from JPY 1.50 per share, which was announced on November 14, 2012, to an undetermined value, for the fiscal year ending March 31, 2013. 

Company Quote

1.0 +0.57%
21 Nov 2014