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S LINE CO LTD to Repurchase Shares; Lowers Consolidated Full-year Outlook for FY Ending March 2013


Thursday, 8 Nov 2012 11:40pm EST 

S LINE CO LTD announced that it will repurchase up to JPY 112,500,000 or up to 450,000 shares of its common stock, or approximately 2.15% of its total shares outstanding. The share repurchase will be conducted during the period from November 12, 2012 to April 30, 2013. The Company also announced lowered its consolidated full-year outlook for revenue from JPY 41,000 million to JPY 40,000 million, operating profit from JPY 400 million to JPY 360 million, ordinary profit from JPY 450 million to JPY 440 million, net profit from JPY 440 million to JPY 211 million and earning per share from JPY 21.10 to JPY 10.12 for the fiscal year ending March 31, 2013. This is due to the decreased sales of domestic cargo transport and consumer electronics delivery businesses. 

Company Quote

248.0
12.0 +5.08%
18 Jul 2014