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NICHIHA CORP Raises Consolidated Full-year Outlook and Year-end Dividend Forecast for FY 2013

Wednesday, 7 Nov 2012 12:00am EST 

NICHIHA CORP announced that it has raised its consolidated full-year outlook for revenue from JPY 98,800 million to JPY 100,500 million, operating profit from JPY 6,500 million to JPY 7,300 million, ordinary profit from JPY 6,100 million to JPY 7,000 million, net profit from JPY 3,600 million to JPY 4,000 million and earning per share from JPY 97.75 to JPY 108.61, for the fiscal year ending March 2013. The Company raised the outlook due to the increased sales, among others. According to I/B/E/S Estimates, analysts were expecting the Company to report full-year revenue of JPY 100.23 billion and net profit of JPY 3.95 billion. The Company has also raised its year-end dividend forecast from JPY 10 per share announced on May 14, 2012, to JPY 12 per share, for the fiscal year ending March 2013. 

Company Quote

11.0 +1.10%
9:31pm EDT