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Daiwa Co Ltd amends consolidated mid-year and full-year outlook for FY 2015


Monday, 14 Jul 2014 02:30am EDT 

Daiwa Co Ltd:Says the company reaffirmed the consolidated mid-year outlook for revenue at 24,300 million yen for FY ending Feb. 2015.Confirms the operating profit forecast at 230 million yen.Confirms the ordinary profit forecast at 180 million yen.Raises the net profit forecast to 1,100 million yen from 150 million yen.Raises the earnings per share to 39.16 yen from 5.34 yen.Says the company reaffirmed the consolidated full-year outlook for revenue at 50,000 million yen for FY ending Feb. 2015.Confirms the operating profit forecast at 660 million yen.Confirms the ordinary profit forecast at 500 million yen.Raises the net profit forecast to 1,170 million yen from 230 million yen.Raises the earnings per share to 41.65 yen from 8.19 yen.Comments the rights transformation of fixed asset and sale of fixed asset are the main reasons for the forecast. 

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