Tamai Steamship Co Ltd Amends Full-year Consolidated Outlook and Cancels Year-end Dividend Payment for FY 2013

Tamai Steamship Co Ltd announced that it has lowered its full-year consolidated outlook for revenue from JPY 6,800 million to JPY 6,500 million, and raised its full-year consolidated outlook for operating profit (loss) from JPY (220 million) to JPY (190 million), ordinary profit (loss) from JPY (370 million) to JPY (300 million), net profit (loss) from JPY (190 million) to JPY (110 million), and earnings (loss) per share from JPY (9.84) to JPY (6.06), for the fiscal year ending March 31, 2013. The Company raised its full-year consolidated outlook for operating profit, ordinary profit and net profit mainly due to the depreciation of yen and discharge of loss on valuation of investment securities. The Company also has canceled its year-end dividend payment, which was announced as an undetermined value, for the same fiscal year.