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MAXVALU CHUBU CO LTD Announces Extraordinary Losses and Lowers Consolidated Full-year Outlook for FY 2013


Tuesday, 19 Mar 2013 02:30am EDT 

MAXVALU CHUBU CO LTD announced that it will record a JPY 723 million extraordinary loss on the impairment of fixed assets, as well as a JPY 92 million extraordinary loss on the system integration, for the fiscal year ended February 2013. In addition, the Company has lowered its consolidated full-year outlook for revenue from JPY 136,000 million to JPY 134,900 million, operating profit from JPY 2,400 million to JPY 1,670 million, ordinary profit from JPY 2,400 million to JPY 1,790 million, net profit from JPY 680 million to JPY 25 million and earning per share from JPY 26.75 to JPY 0.98, for the fiscal year ended February 2013. The Company lowered the outlook due to the decreased sales, the increased marketing cost as well as the record of extraordinary losses, among others. 

Company Quote

1245.0
-1.0 -0.08%
19 Sep 2014