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Kimoto Co Ltd (7908.T)

7908.T on Tokyo Stock Exchange

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Volume
3,800
Avg. Vol
76,194
52-wk High
¥323
52-wk Low
¥143

Latest Key Developments (Source: Significant Developments)

KIMOTO lowers consolidated full-year outlook for FY 2016
Tuesday, 9 Feb 2016 01:00am EST 

KIMOTO CO LTD:Says the company lowered the consolidated full-year outlook for revenue to 15,400 mln yen from 17,500 mln yen for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to a loss of 610 mln yen from 70 mln yen.Sees a decrease of ordinary profit forecast to a loss of 540 mln yen from 135 mln yen.Sees a decrease of net profit forecast to a loss of 1,290 mln yen from 0 mln yen.Sees a decrease of earnings per share to a loss of 24.94 yen from 0 yen.Says decreased sales and decreased gross margin rate as main reason for the forecast.  Full Article

KIMOTO announces result lawsuit
Monday, 8 Feb 2016 04:10am EST 

KIMOTO CO LTD:Receives judgment regarding the lawsuit filed by a China-based packing material firm (defendant) against the co and co's Shanghai-based unit.Says the unit were ordered to pay 22.1 million yuan to the defendant and to bear the lawsuit cost.  Full Article

KIMOTO lowers consolidated mid-year and full-year outlook for FY 2016
Friday, 30 Oct 2015 04:30am EDT 

KIMOTO CO LTD:Says the company lowered the consolidated mid-year outlook for revenue to 8,320 mln yen from 8,700 mln yen for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to a loss of 82 mln yen from 10 mln yen.Sees a decrease of ordinary profit forecast to a loss of 45 mln yen from 30 mln yen.Sees a decrease of net profit forecast to a loss of 155 mln yen from 0 mln yen.Sees a decrease of earnings per share to a loss of 3 yen from 0 yen.Says the company lowered the consolidated full-year outlook for revenue to 17,500 mln yen from 18,700 mln yen for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to 70 mln yen from 430 mln yen.Sees a decrease of ordinary profit forecast to 135 mln yen from 450 mln yen.Sees a decrease of net profit forecast to 0 mln yen from 360 mln yen.Sees a decrease of earnings per share to 0 yen from 6.96 yen.Comments the decreased sales of core products as the main reason for the forecast.  Full Article

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