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Resona Holdings Inc Raises Consolidated Mid-year and Full-year Outlook for FY 2013


Wednesday, 31 Oct 2012 03:00am EDT 

Resona Holdings Inc announced that it has raised its consolidated mid-year outlook for ordinary profit from JPY 110,000 million to JPY 135,000 million, net profit from JPY 70,000 million to JPY 175,000 million and earning per share from JPY 28.56 to JPY 71.64, for the fiscal year ending March 2013. In addition, the Company has also affirmed its consolidated full-year outlook for ordinary profit of JPY 220,000 million, but raised the outlook for net profit from JPY 140,000 million to JPY 230,000 million and earning per share from JPY 50.22 to JPY 87.24, for the fiscal year ending March 2013. The Company raised the outlook due to the good performance of subsidiaries and the decreased credit related cost and taxes cost, among others. According to I/B/E/S Estimates, analysts were expecting the Company to report full-year revenue of JPY 838.37 billion and net profit of JPY 165.64 billion. 

Company Quote

585.2
-4.7 -0.80%
16 Sep 2014