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Eidai Co Ltd (7822.T)

7822.T on Tokyo Stock Exchange

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22 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Eidai lowers consolidated mid-year and full-year outlook for FY 2016
Thursday, 5 Nov 2015 02:00am EST 

Eidai Co Ltd:Says the company lowered the consolidated mid-year outlook for revenue to 29,300 million yen from 32,000 million yen for the fiscal year ending March 31, 2016.Sees a decrease of mid-year operating profit forecast to 650 million yen from 1,030 million yen.Sees a decrease of mid-year ordinary profit forecast to 720 million yen from 1,060 million yen.Sees a decrease of mid-year net profit forecast to 470 million yen from 690 million yen.Sees a decrease of mid-year earnings per share to 10.23 yen from 15.02 yen.Says the company lowered the consolidated full-year outlook for revenue to 62,300 million yen from 65,000 million yen for the fiscal year ending March 31, 2016.Sees a decrease of full-year operating profit forecast to 2,120 million yen from 2,500 million yen.Sees a decrease of full-year ordinary profit forecast to 2,230 million yen from 2,570 million yen.Sees a decrease of full-year net profit forecast to 1,480 million yen from 1,700 million yen.Sees a decrease of full-year earnings per share to 32.21 yen from 37.00 yen.Comments that increased sales of new housing construction business is the main reason for the forecast.  Full Article