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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Wright Reports

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MAXVALU CHUBU lowers full-year consolidated outlook and expects extraordinary loss for FY 2014

Tuesday, 18 Mar 2014 02:30am EDT 

MAXVALU CHUBU CO LTD:Lowered full-year consolidated outlook for fiscal year ended Feb. 28, 2014.Full-year revenue outlook of 153,000 mln yen lowered from 158,000 mln yen.Full-year operating profit outlook of 1,600 mln yen lowered from 2,950 mln yen.Full-year ordinary profit outlook of 1,750 mln yen lowered from 2,950 mln yen.Full-year net profit outlook of 370 mln yen lowered from 1,250 mln yen.Full-year earnings per share outlook of 11.69 yen lowered from 39.48 yen.Outlook lowered due to market competition and increased sales and administrative expense.Sees extraordinary loss of 774 mln yen for impairment loss on stores, for fiscal year ended Feb. 28, 2014. 

Company Quote

5.0 +0.42%
21 Aug 2014