Key Developments: Miroku Corp (7983.OS)
255JPY
23 May 2013
¥3 (+1.19%)
¥257
¥257
¥257
¥255
2,000
6,000
¥289
¥149
Latest Key Developments (Source: Significant Developments)
Miroku Corp Amends Consolidated Full-year Outlook for FY 2012
Miroku Corp announced that it has lowered its consolidated full-year outlook for revenue from JPY 12,000 million to JPY 11,700 million, net profit from JPY 350 million to JPY 240 million and earning per share from JPY 24.08 to JPY 16.51, but raised the outlook for operating profit from JPY 500 million to JPY 600 million and ordinary profit from JPY 700 million to JPY 800 million, for the fiscal year ended October 2012. The Company raised the operating profit and ordinary profit outlook due to the increased sales in high value added machine tools business, and lowered the net profit outlook due to the reversal of the deferred tax cost, among others. Full Article
Miroku Corp Expects Q3 Extraordinary Loss for FY Ending October 2012
Miroku Corp announced that it expects to record JPY 81 million loss on valuation of investment securities as extraordinary loss for the third quarter of the fiscal year ending October 2012. Full Article
Miroku Corporation Amends Consolidated Mid-year and Full-year Outlook for FY 2012; Raises Mid-term and Year-end Dividend Forecasts for FY 2012
Miroku Corporation announced that it has lowered its consolidated mid-year outlook for revenue from JPY 5,680 million to JPY 5,600 million, but raised the outlook for operating profit from JPY 170 million to JPY 400 million, ordinary profit from JPY 220 million to JPY 490 million, net profit from JPY 110 million to JPY 270 million and earning per share from JPY 7.57 to JPY 18.57, for the fiscal year ending October 2012. In addition, the Company has also raised its consolidated full-year outlook for revenue from JPY 11,000 million to JPY 12,000 million, operating profit from JPY 150 million to JPY 500 million, ordinary profit from JPY 240 million to JPY 700 million, net profit from JPY 120 million to JPY 350 million and earning per share from JPY 8.25 to JPY 24.08, for the fiscal year ending October 2012. The Company raised the outlook due to the increased orders and the cost reduction. The Company has also raised its mid-term dividend forecast from JPY 1.00 per share to JPY 2.00 per share and its year-end dividend forecast from JPY 1.00 per share to JPY 2.00 per share, for the fiscal year ending October 2012. Full Article
Miroku Corporation to Set up Sub-subsidiary
Miroku Corporation announced that its wholly owned subsidiary, Miroku Machine Tool, Inc, will establish a wholly owned subsidiary , which will be mainly engaged in the manufacture of edged tools as well as the sale of machine tools, in January 2012. The sub-subsidiary of the Company will capitalized at JPY 300 million. Full Article
Miroku Corporation Raises Consolidated Full-year Outlook for FY 2011
Miroku Corporation announced that it has maintained its consolidated full-year outlook for revenue of JPY 9,000 million, but raised the outlook for operating profit from a loss of JPY 170 million to a loss of JPY 50 million, ordinary profit from JPY 70 million to JPY 190 million, net profit from JPY 30 million to JPY 80 million and earning per share from JPY 2.06 to JPY 5.50, for the fiscal year ended October 2011. The Company raised the outlook due to the cost reduction. Full Article
Miroku Corporation Amends Consolidated Full-year Forecast for FY 2011
Miroku Corporation announced that it has lowered the consolidated full-year forecast for revenue from JPY 9,650 million to JPY 9,000 million, but raised the forecast for operating profit (loss) from JPY (280 million) to JPY (170 million), ordinary profit from JPY 0 million to JPY 70 million, net profit from JPY 20 million to JPY 30 million and earning per share from JPY 1.38 to JPY 2.06 for the fiscal year ending October 31, 2011. The Company lowered the consolidated full-year outlook due to decreased sales amount but raised the consolidated full-year outlook for operating profit, ordinary profit and net profit due to decreased costs. Full Article
Miroku Corporation Announces Merger between Subsidiaries
Miroku Corporation announced that its two subsidiaries will merge with each other effective November 1, 2011. After the merger, the newly merged subsidiary will be engaged in manufacturing and sales of hunting guns and gun parts. Full Article
Miroku Corporation Amends Consolidated Mid-year Outlook for FY 2011
Miroku Corporation announced that it has lowered its consolidated mid-year outlook for revenue from JPY 4,760 million to JPY 4,210 million, but raised the outlook for operating profit from a loss of JPY 180 million to a loss of JPY 145 million, ordinary profit from a loss of JPY 30 million to JPY 7 million, net profit from JPY 0 million to JPY 19 million and earning per share from JPY 0.00 to JPY 1.31, for the fiscal year ending October 2011. The Company lowered the revenue outlook due to the decreased sales, and raised the profit outlook due to the cost reduction, among others. Full Article
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