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Dai Nippon Printing Co Ltd Lowers Consolidated Full-year Outlook for FY 2013
Dai Nippon Printing Co Ltd announced that it has lowered its consolidated full-year outlook for revenue from JPY 1,580,000 million to JPY 1,520,000 million, operating profit from JPY 48,000 million to JPY 38,000 million, ordinary profit from JPY 47,000 million to JPY 39,000 million, net profit from JPY 17,500 million to JPY 12,000 million and earning per share from JPY 27.17 to JPY 18.63, for the fiscal year ending March 2013. The Company lowered the outlook due to the impact of the fierce business conditions, among others. According to I/B/E/S Estimates, analysts were expecting the Company to report full-year revenue of JPY 1,498.71 billion and net profit of JPY 13.94 billion.
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