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Nissen Holdings Co Ltd Lowers Consolidated Mid-year and Full-year Guidance for FY 2013; Expects Extraordinary Profit for FY 2013


Friday, 5 Jul 2013 02:30am EDT 

Nissen Holdings Co Ltd announced that the Company has lowered the consolidated mid-year guidance for revenue from JPY 108,300 million to JPY 102,600 million, operating profit (loss) from JPY 550 million to JPY (1,710 million), ordinary profit (loss) from JPY 560 million to JPY (1,320 million), net profit (loss) from JPY 330 million to JPY (1,210 million) and earning (loss) per share from JPY 5.43 to JPY (19.94) for the fiscal year ending December 31, 2013. The Company has also lowered the consolidated full-year guidance for revenue from JPY 216,800 million to JPY 200,300 million, operating profit (loss) from JPY 1,600 million to JPY (2,800 million), ordinary profit (loss) from JPY 1,500 million to JPY (2,600 million), net profit (loss) from JPY 1,050 million to JPY (2,700 million) and earning (loss) per share from JPY 15.30 to JPY (44.50) for the fiscal year ending December 31, 2013. The Company lowered the consolidated mid-year and full-year forecasts due to poor sales performance. The Company expects JPY 547 million extraordinary profit on sale of investment in securities for the fiscal year ending December 31, 2013. 

Company Quote

375.0
-6.0 -1.57%
10 Jul 2014