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DENKYOSHA CO LTD Lowers Consolidated Mid-year and Full-year Outlook for FY 2014


Friday, 1 Nov 2013 03:30am EDT 

DENKYOSHA CO LTD announced that it has lowered its consolidated mid-year outlook for revenue from JPY 21,000 million to JPY 18,953 million, operating profit from JPY 300 million to JPY 36 million, ordinary profit from JPY 700 million to JPY 470 million, net profit from JPY 400 million to JPY 205 million and earning per share from JPY 31.89 to JPY 16.35, for the fiscal year ending March 2014. In addition, the Company has also lowered its consolidated full-year outlook for revenue from JPY 47,000 million to JPY 45,000 million, operating profit from JPY 900 million to JPY 500 million, ordinary profit from JPY 1,700 million to JPY 1,400 million, net profit from JPY 970 million to JPY 850 million and earning per share from JPY 77.33 to JPY 67.77, for the fiscal year ending March 2014. The Company lowered the outlook due to the decreased sales, the fierce price competition and the increased marketing cost. 

Company Quote

610.0
7.0 +1.16%
26 Dec 2014