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Tokyo Electron Ltd Lowers Full-year Consolidated Outlook for FY Ending March 31, 2013


Wednesday, 31 Oct 2012 02:30am EDT 

Tokyo Electron Ltd announced that it has lowered its full-year consolidated outlook for revenue from JPY 530,000 million to JPY 501,000 million, operating profit from JPY 20,000 million to JPY 12,500 million, net profit from JPY 14,000 million to JPY 7,000 million and earnings per share from JPY 78.14 to JPY 39.07 for the fiscal year ending March 31, 2013. The Company lowered its full-year outlook mainly due to decreased sales from semiconductor manufacture device business. According to I/B/E/S Estimates, analysts on average are expecting the Company to report full-year revenue of JPY 516,810 million, operating profit of JPY 14,270 million and net profit of JPY 10,740 million.