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Hiraga Co Ltd Amends Full-year Consolidated Outlook and Year-end Dividend Forecast for FY 2013
Hiraga Co Ltd announced that it has lowered its full-year consolidated outlook for revenue from JPY 8,835 million to JPY 8,717 million, and raised its full-year consolidated outlook for operating profit from JPY 125 million to JPY 270 million, ordinary profit from JPY 136 million to JPY 282 million, net profit from JPY 27 million to JPY 141 million, and earnings per share from JPY 7.52 to JPY 38.28, for the fiscal year ending March 31, 2013. The Company lowered its full-year consolidated outlook for revenue mainly due to the off-season for advertising business in the fourth quarter and decrease in personal consumption demands for entertainment business, and raised its full-year consolidated outlook for operating profit, ordinary profit and net profit mainly due to the cost management. The Company also has amended its year-end dividend forecast from JPY 0.00 per share, which was announced on May 15, 2012, to JPY 5.00 per share, for the same fiscal year.
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