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MEIJI SHIPPING CO LTD Raises Consolidated Full-year Forecast for FY 2013; Determines Year-end Dividend Forecast for FY 2013; to Acquire Property


Wednesday, 30 Jan 2013 11:00pm EST 

MEIJI SHIPPING CO LTD announced that it has raised the consolidated full-year forecast for revenue from JPY 22,000 million to JPY 22,500 million, operating profit from JPY 450 million to JPY 800 million, ordinary profit (loss) from JPY (450 million) to JPY 2,700 million, net profit from JPY 150 million to JPY 250 million and earning per share from JPY 4.54 to JPY 7.56 for the fiscal year ending March 31, 2013. The Company raised the consolidated full-year forecast due to decreased costs. The Company has also determined the year-end dividend forecast of JPY 5.00 per share for the fiscal year ending March 2013. The last year-end dividend forecast was undetermined. The Company has decided to acquire a property for JPY 2.4 billion effective March 31, 2013. 

Company Quote

399.0
-1.0 -0.25%
2:00am EDT