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Nihon Form Service Co Ltd (7869.T)

7869.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

NIHON FORM SERVICE lowers consolidated mid-year outlook for FY 2016
Monday, 2 May 2016 02:15am EDT 

NIHON FORM SERVICE CO LTD:Says the company lowered the consolidated mid-year outlook for the FY ending Sep. 2016.Revenue forecast decreased to 1,523 million yen from 2,254 million yen.Operating profit forecast decreased to a loss of 35 million yen from 103 million yen.Ordinary profit forecast decreased to 1 million yen from 123 million yen.Net profit forecast decreased to a loss of 3 million yen from 65 million yen.Earnings per share decreased to a loss of 0.96 yen from 16.32 yen.Comments that decreased demand is the main reason for the forecast.  Full Article

NIHON FORM SERVICE lowers consolidated full-year outlook for FY 2015
Friday, 6 Nov 2015 01:15am EST 

NIHON FORM SERVICE CO LTD:Says the company lowered the consolidated full-year outlook for revenue to 3,567 mln yen from 4,123 mln yen for the fiscal year ended Sep. 30, 2015.Sees a decrease of operating profit forecast to 31 mln yen from 176 mln yen.Sees a decrease of ordinary profit forecast to 70 mln yen from 206 mln yen.Sees a decrease of net profit forecast to 44 mln yen from 90 mln yen.Sees a decrease of earnings per share to 11.23 yen from 22.59 yen.Comments the delay of new products to market, decreased order volume and delay of construction work, decreased sale price are the main reasons for the forecast.  Full Article