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Yokohama Maruuo Co Ltd Amends Mid-year and Full-year Consolidated Outlook for FY 2014


Friday, 1 Nov 2013 02:10am EDT 

Yokohama Maruuo Co Ltd announced that it has lowered its mid-year consolidated outlook for revenue from JPY 28,000 million to JPY 27,120 million, operating profit (loss) from JPY (50 million) to JPY (84 million), and raised its mid-year consolidated outlook for ordinary profit from JPY 40 million to JPY 54 million, net profit from JPY 40 million to JPY 62 million, and earnings per share from JPY 6.06 to JPY 9.46, for the fiscal year ending March 31, 2014. The Company also has lowered its full-year consolidated outlook for revenue from JPY 59,000 million to JPY 57,000 million, operating profit from JPY 100 million to JPY 45 million, and raised its full-year consolidated outlook for ordinary profit from JPY 250 million to JPY 290 million, net profit from JPY 160 million to JPY 300 million, and earnings per share from JPY 24.24 to JPY 43.87, for the fiscal year ending March 31, 2014. The Company lowered its consolidated outlook for revenue and operating profit mainly due to the increase in raw material cost and cost on transfer of infrastructure system, and raised its consolidated outlook for ordinary profit and net profit mainly due to the increase in dividend from investment securities and accounting of negative goodwill. 

Company Quote

466.0
30.0 +6.88%
21 Nov 2014