Best Denki Co Ltd Lowers Consolidated Mid-year and Full-year Outlook for FY 2013

Best Denki Co Ltd announced that it has lowered its consolidated mid-year outlook for revenue from JPY 118,500 million to JPY 103,086 million, operating profit from JPY 1,633 million to JPY 192 million, ordinary profit from JPY 1,535 million to JPY 112 million, net profit from JPY 1,243 million to a loss of JPY 1,316 million and earning per share from JPY 13.80 to a loss of JPY 14.62, for the fiscal year ending February 2013. In addition, the Company has also lowered its consolidated full-year outlook for revenue from JPY 238,300 million to JPY 222,886 million, operating profit from JPY 3,551 million to JPY 2,110 million, ordinary profit from JPY 3,309 million to JPY 1,887 million, net profit from JPY 2,746 million to JPY 186 million and earning per share from JPY 30.50 to JPY 2.07, for the fiscal year ending February 2013. The Company lowered the outlook due to the decreased sales, among others.