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KUWAZAWA Trading Co Ltd Expects Extraordinary Profit for FY Q3 of 2013; Amends Consolidated Full-year Forecast for FY 2013; Raises Year-end Dividend Forecast for FY 2013


Tuesday, 13 Nov 2012 01:00am EST 

KUWAZAWA Trading Co Ltd announced that it expects JPY 400 million extraordinary profit on negative goodwill for the third quarter of the fiscal year ending March 31, 2013. The Company has reaffirmed the consolidated full-year forecast for revenue of JPY 86,000 million, lowered the forecast for operating profit from JPY 850 million to JPY 820 million, ordinary profit from JPY 900 million to JPY 870 million, but raised the forecast for net profit from JPY 750 million to JPY 1,050 million and earning per share from JPY 90.88 to JPY 127.34 for the fiscal year ending March 31, 2013. The Company lowered the consolidated full-year outlook for operating profit and ordinary profit due to increased cost and raised the outlook for net profit due to record of extraordinary profit. The Company has raised the year-end dividend forecast from JPY 5 per share to JPY 7 per share (including a commemorative dividend of JPY 2 per share) for the fiscal year ending March 31, 2013. 

Company Quote

512.0
2.0 +0.39%
20 Oct 2014