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Muto Seiko Co Lowers Consolidated Full-year Forecast for FY 2014; Affirms Mid-year Dividend Forecast for FY 2014; Lowers Year-end Dividend Forecast for FY 2014


Friday, 8 Nov 2013 01:10am EST 

Muto Seiko Co announced that it has reaffirmed the consolidated full-year forecast for revenue of JPY 25,000 million and lowered the forecast for operating profit from JPY 1,000 million to JPY 700 million, ordinary profit from JPY 1,000 million to JPY 700 million, net profit from JPY 700 million to JPY 500 million and earning per share from JPY 96.62 to JPY69.01 for the fiscal year ending March 31, 2014. The Company lowered the consolidated full-year outlook due to increased cost. The Company has affirmed the mid-year dividend forecast of JPY 8 per share and lowered the year-end dividend forecast from JPY 12 per share to JPY 8 per share for the fiscal year ending March 31, 2014. 

Company Quote

610.0
-5.0 -0.81%
11 Jul 2014