United States

Tsutsumi Jewelry Co Ltd (7937.T)

7937.T on Tokyo Stock Exchange

20 Sep 2017
Change (% chg)

¥21 (+1.11%)
Prev Close
Day's High
Day's Low
Avg. Vol
52-wk High
52-wk Low

Latest Key Developments (Source: Significant Developments)

TSUTSUMI JEWELRY expects extraordinary loss and lowers consolidated full-year outlook for FY 2016
Wednesday, 27 Apr 2016 02:00am EDT 

TSUTSUMI JEWELRY CO LTD:Expects an extraordinary profit of 1,891 mln yen for Q4 of FY ended March 2016.Reason is that the book values of part of properties were written down to the recoverable amount, and resulting decrease was recognized as extraordinary loss.Says the company lowered the consolidated full-year outlook for revenue to 21,764 mln yen from 22,000 mln yen for FY ended March 2016.Sees a decrease of operating profit forecast to 1,539 mln yen from 1,790 mln yen.Sees a decrease of ordinary profit forecast to 1,646 mln yen from 1,900 mln yen.Sees a decrease of net profit forecast to -864 mln yen from 1,000 mln yen.Sees a decrease of earnings per share to -45.83 yen from 53.03 yen.Comments decreased expenses and the extraordinary loss are the main reasons for the forecast.  Full Article