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Kamei Corp (8037.T)

8037.T on Tokyo Stock Exchange

1,308JPY
30 May 2017
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Latest Key Developments (Source: Significant Developments)

KAMEI raises consolidated mid-year and full-year outlook for FY 2016
Thursday, 6 Aug 2015 12:00am EDT 

KAMEI CORP:Says the company increased the consolidated mid-year outlook for revenue to 202,000 mln yen from 199,000 mln yen, for the fiscal year ending March 31, 2016.Operating profit forecast increased to 3,800 mln yen from 2,700 mln yen.Ordinary profit forecast increased to 4,400 mln yen from 3,200 mln yen.Net profit forecast increased to 2,100 mln yen from 1,500 mln yen.Earnings per share increased to 62.50 yen from 44.49 yen.Says the company increased the consolidated full-year outlook for revenue to 446,000 mln yen from 442,000 mln yen, for the fiscal year ending March 31, 2016.Operating profit forecast increased to 9,400 mln yen from 9,300 mln yen.Ordinary profit forecast increased to 10,400 mln yen from 9,900 mln yen.Net profit forecast increased to 5,800 mln yen from 5,300 mln yen.Earnings per share increased to 172.61 yen from 157.21 yen.Comments the improvement in profitability in Q1 is the main reason for the forecast.  Full Article

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