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Maruman expects extraordinary losses and lowers mid-year and full-year consolidated outlook for FY 2014


Friday, 14 Mar 2014 03:45am EDT 

Maruman & Co Ltd:Sees extraordinary losses of 260 mln yen and 191 mln yen for provision of allowance for doubtful accounts, for fiscal year ending Sep. 20, 2014.Lowered mid-year and full-year consolidated outlook for fiscal year ending Sep. 30, 2014.Mid-year revenue outlook of 2,900 mln yen lowered from 3,500 mln yen.Mid-year operating profit (loss) outlook of (370 mln) yen lowered from (35 mln) yen.Mid-year ordinary profit (loss) outlook of (400 mln) yen lowered from (80 mln) yen.Mid-year net profit (loss) outlook of (500 mln) yen lowered from (55 mln) yen.Mid-year earnings (loss) per share outlook of (40.89) yen lowered from (4.84) yen.Full-year revenue outlook of 6,900 mln yen lowered from 7,500 mln yen.Full-year operating profit (loss) outlook of (125 mln) yen lowered from 210 mln yen.Full-year ordinary profit (loss) outlook of (200 mln) yen lowered from 120 mln yen.Full-year net profit (loss) outlook of (300 mln) yen lowered from 70 mln yen.Full-year earnings (loss) per share outlook of (24.53) yen lowered from 6.16 yen.Outlook lowered due to decrease in revenue from golf related products caused by influence by snow and decrease in customers. 

Company Quote

133.0
0.0 +0.00%
31 Oct 2014