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Muto Seiko lowers full-year consolidated outlook and reaffirms year-end dividend forecast for FY 2014

Friday, 2 May 2014 02:10am EDT 

Muto Seiko Co:Lowered full-year consolidated outlook for fiscal year ended March 31, 2014.Full-year revenue outlook of 24,700 mln yen lowered from 25,000 mln yen.Full-year operating profit outlook of 160 mln yen lowered from 700 mln yen.Full-year ordinary profit outlook of 360 mln yen lowered from 700 mln yen.Full-year net profit outlook of 260 mln yen lowered from 500 mln yen.Full-year earnings per share outlook of 36.28 yen lowered from 69.01 yen.Outlook lowered due to postponed operation of Thailand plant, decreased profit margin on new orders and sluggish operation ratio of plants.Reaffirmed year-end dividend forecast of 8 yen per share, for the same fiscal year. 

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21 Nov 2014