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Muto Seiko Co (7927.T)

7927.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Muto Seiko revises consolidated full-year outlook for FY 2016
Friday, 12 Feb 2016 01:10am EST 

Muto Seiko Co:Says the company remained the consolidated full-year outlook for revenue at 23,000 million yen for FY ending March 2016.Sees a decrease of operating profit forecast to -150 million yen from 150 million yen.Sees a decrease of ordinary profit forecast to 50 million yen from 400 million yen.Sees a decrease of net profit forecast to -150 million yen from 200 million yen.Sees a decrease of earnings per share to 20.87 yen from 27.83 yen.Comments the increased costs are the main reasons for the forecast.  Full Article

Muto Seiko amends consolidated full-year outlook for FY 2016
Friday, 13 Nov 2015 01:10am EST 

Muto Seiko Co:Says the company increased the consolidated full-year outlook for revenue to 23,000 mln yen from 22,700 mln yen, for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to 150 mln yen from 570 mln yen.Sees a decrease of ordinary profit forecast to 400 mln yen from 570 mln yen.Sees a decrease of net profit forecast to 200 mln yen from 420 mln yen.Sees a decrease of earnings per share to 27.83 yen from 58.44 yen.Says revenue outlook raised due to expansion of new customers, cost reduction.  Full Article

Muto Seiko revises consolidated full-year outlook and reaffirms year-end dividend forecast for FY 2015
Wednesday, 13 May 2015 02:10am EDT 

Muto Seiko Co:Says the company raised the consolidated full-year outlook for revenue to 22,500 million yen from 21,000 million yen for the fiscal year ended March 31, 2015.Sees a decrease of operating profit forecast to a loss of 98 million yen from 100 million yen.Sees a decrease of ordinary profit forecast to 35 million yen from 100 million yen.Sees a decrease of net profit forecast to 20 million yen from 50 million yen.Sees a decrease of earnings per share to 2.84 yen from 6.96 yen.Comments that increased orders, and increased human resources costs are the main reasons for the forecast.Reaffirms year-end dividend outlook of 8 yen per share, for the same fiscal year.  Full Article