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CROPS CORP Amends Consolidated Mid-year Forecast for FY 2014; Lowers Consolidated Full-year Forecast for FY 2014; Raises Year-end Dividend Forecast for FY 2014


Wednesday, 30 Oct 2013 02:35am EDT 

CROPS CORP announced that it has lowered the consolidated mid-year forecast for revenue from JPY 12,592 million to JPY 12,424 million but raised the forecast for operating profit from JPY 321 million to JPY 436 million, ordinary profit from JPY 314 million to JPY 446 million, net profit from JPY 148 million to JPY 206 million and earning per share from JPY 15.42 to JPY 21.49 for the fiscal year ending March 31, 2014. The Company has lowered the consolidated full-year forecast for revenue from JPY 25,870 million to JPY 25,637 million, operating profit from JPY 761 million to JPY 739 million, ordinary profit from JPY 747 million to JPY 741 million, net profit from JPY 363 million to JPY 332 million and earning per share from JPY 37.82 to JPY 34.61 for the fiscal year ending March 31, 2014. The Company amended the consolidated mid-year forecast and lowered the full-year forecast due to decreased sales and increased cost. The Company has raised the year-end dividend forecast from JPY 1.50 per share to JPY 5.00 per share for the fiscal year ending March 31, 2014. 

Company Quote

548.0
1.0 +0.18%
2:00am EDT