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Shinsho Corp Lowers Consolidated Mid-year and Full-year Guidance for FY 2013; Affirms Mid-year Dividend Forecast for FY 2013


Friday, 28 Sep 2012 12:00am EDT 

Shinsho Corp announced that the Company has lowered the consolidated mid-year guidance for revenue from JPY 410,000 million to JPY 403,000 million, operating profit from JPY 3,300 million to JPY 2,500 million, ordinary profit from JPY 2,600 million to JPY 2,200 million, net profit from JPY 900 million to JPY 300 million and earning per share from JPY 10.16 to JPY 3.39 for the fiscal year ending March 31, 2013. The Company has also lowered the consolidated full-year guidance for revenue from JPY 840,000 million to JPY 803,000 million, operating profit from JPY 7,600 million to JPY 6,300 million, ordinary profit from JPY 6,200 million to JPY 5,600 million, net profit from JPY 2,900 million to JPY 2,300 million and earning per share from JPY 32.75 to JPY 25.97 for the fiscal year ending March 31, 2013. The Company lowered the consolidated mid-year and full-year forecasts due to poor sales performance and decreased orders. The Company has affirmed the mid-year dividend forecast of JPY 3 per share for the fiscal year ending March 31, 2013. The year-end dividend forecast is undetermined. 

Company Quote

240.0
-3.0 -1.23%
24 Jul 2014