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SHOFU INC Expects Extraordinary Loss for FY 2013; Amends Consolidated Full-year Forecast for FY 2013

Thursday, 2 May 2013 02:30am EDT 

SHOFU INC announced that it expects JPY 267 million extraordinary loss on impairment of inventories for the fiscal year ended March 31, 2013. The Company has raised the consolidated full-year forecast for revenue from JPY 16,058 million to JPY 16,385 million, operating profit from JPY 791 million to JPY 872 million, ordinary profit from JPY 690 million to JPY 749 million, but lowered the forecast for net profit from JPY 195 million to JPY 30 million and earning per share from JPY 12.19 to JPY 1.87 for the fiscal year ended March 31, 2013. The Company amended the consolidated full-year forecast due to decreasing of yen and record of extraordinary loss. 

Company Quote

1.0 +0.07%
12:09am EDT