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Best Denki Co Ltd Lowers Consolidated Full-year Forecast for FY 2013; Expects Extraordinary Losses for Q4 of FY 2013

Thursday, 11 Apr 2013 02:00am EDT 

Best Denki Co Ltd announced that it has lowered the consolidated full-year forecast for revenue from JPY 209,493 million to JPY 191,287 million, operating profit (loss) from JPY 401 million to JPY (3,311 million), ordinary profit (loss) from JPY 354 million to JPY (3,579 million), net profit (loss) from JPY (2,348 million) to JPY (17,347 million) and earning (loss) per share from JPY (21.91) to JPY (161.83) for the fiscal year ended February 28, 2013. The Company lowered the consolidated full-year outlook due to the downturn in economy and the aggravated order environment. The Company expects JPY 8,029 million extraordinary loss on impairment, as well as JPY 1,341 million extraordinary loss on expense on capital and business alliance for the fourth quarter of the fiscal year ended February 28, 2013. 

Company Quote

-1.0 -0.70%
27 Mar 2015