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Kintetsu Department Store Co Ltd (8244.T)

8244.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Kintetsu Department Store amends consolidated mid-year outlook for FY 2016
Thursday, 24 Sep 2015 03:30am EDT 

Kintetsu Department Store Co., Ltd:Says the company lowered the consolidated mid-year outlook for revenue to 132,500 million yen from 135,000 million yen for FY ending Feb. 2016.Sees a decrease of operating profit forecast to 860 million yen from 1,000 million yen.Ordinary profit forecast increased to 570 million yen from 400 million yen.Net profit forecast increased to 380 million yen from 100 million yen.Earnings per share increased to 0.94 yen from 0.25 yen.Comments the sales decrease and costs reduction are the main reasons for the forecast.  Full Article

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