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Olympic Corp Lowers Full-year Consolidated Outlook for FY 2013

Friday, 5 Apr 2013 04:05am EDT 

Olympic Corp announced that it has lowered its full-year consolidated outlook for revenue from JPY 88,000 million to JPY 87,000 million, operating profit (loss) from JPY 750 million to JPY (830 million), ordinary profit (loss) from JPY 650 million to JPY (930 million), net profit (loss) from JPY 150 million to JPY (1,570 million), and earnings (loss) per share from JPY 6.44 to JPY (67.81), for the fiscal year ended February 28, 2013. The Company lowered its full-year consolidated outlook mainly due to the decrease in income of food business caused by price competition as well as decrease in sales of non-food business. 

Company Quote

7.0 +0.86%
9:16pm EST