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COMANY INC Expects Extraordinary Loss for First Half of FY 2014; Lowers Mid-year and Full-year Consolidated Outlook for FY 2014 and Reaffirms Mid-term Dividend Forecast for FY 2014


Tuesday, 5 Nov 2013 02:00am EST 

COMANY INC announced that it expects the extraordinary loss of JPY 374 million caused by impairment loss on business assets of subsidiary, for the first half of fiscal year ending March 31, 2014. The Company has lowered its mid-year consolidated outlook for revenue from JPY 13,800 million to JPY 12,884 million, operating profit from JPY 400 million to JPY 154 million, ordinary profit from JPY 400 million to JPY 174 million, net profit (loss) from JPY 320 million to JPY (286 million), and earnings (loss) per share from JPY 35.96 to JPY (32.14), for the fiscal year ending March 31, 2014. The Company also has lowered its full-year consolidated outlook for revenue from JPY 31,700 million to JPY 30,000 million, operating profit from JPY 2,000 million to JPY 1,500 million, ordinary profit from JPY 2,000 million to JPY 1,500 million, net profit from JPY 1,680 million to JPY 670 million, and earnings per share from JPY 188.78 to JPY 75.29, for the same fiscal year. The Company lowered its mid-year and full-year consolidated outlook mainly due to the relocation around metropolitan area and extraordinary loss for impairment loss on business assets of subsidiary. The Company has reaffirmed its mid-term dividend forecast of JPY 15 per share, for the same fiscal year. 

Company Quote

1262.0
0.0 +0.00%
19 Dec 2014