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Land Business Co Ltd (8944.T)

8944.T on Tokyo Stock Exchange

21 Oct 2016
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¥-2 (-0.74%)
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Latest Key Developments (Source: Significant Developments)

LAND BUSINESS lowers consolidated full-year outlook for FY 2015
Wednesday, 30 Sep 2015 02:00am EDT 

LAND BUSINESS CO LTD:Says the company lowered the consolidated full-year outlook for revenue to 4,355 mln yen from 7,000 mln yen for the fiscal year ending Sep. 30, 2015.Sees a decrease of operating profit forecast to 990 mln yen from 1,200 mln yen.Sees a decrease of ordinary profit forecast to 465 mln yen from 700 mln yen.Sees a decrease of net profit forecast to 278 mln yen from 450 mln yen.Sees a decrease of earnings per share to 11.08 yen from 17.94 yen.Comments the extraordinary loss is the main reason for the forecast.  Full Article