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Mutoh Holdings Co Ltd Raises Mid-year and Full-year Consolidated Outlook for FY 2014


Thursday, 7 Nov 2013 01:00am EST 

Mutoh Holdings Co Ltd announced that it has raised its mid-year consolidated outlook for revenue from JPY 9,500 million to JPY 10,814 million, operating profit from JPY 150 million to JPY 655 million, ordinary profit from JPY 200 million to JPY 900 million, net profit from JPY 60 million to JPY 590 million, and earnings per share from JPY 1.31 to JPY 12.84, for the fiscal year ending March 31, 2014. The Company also has raised its full-year consolidated outlook for revenue from JPY 20,000 million to JPY 21,500 million, operating profit from JPY 400 million to JPY 1,000 million, ordinary profit from JPY 450 million to JPY 1,200 million, net profit from JPY 170 million to JPY 700 million, and earnings per share from JPY 3.70 to JPY 15.24, for the same fiscal year. The Company raised its mid-year and full-year consolidated outlook mainly due to the depreciation of yen, increase in sales of three dimensional (3D) printers and cost reduction. According to I/B/E/S Estimates, analysts on average are expecting the Company to report its full-year consolidated outlook for revenue of JPY 20,800 million, operating profit of JPY 1,000 million and net profit of JPY 880 million, for the same fiscal year. 

Company Quote

527.0
9.0 +1.74%
31 Oct 2014