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HIKARI TSUSHIN INC Raises Mid-year and Full-year Consolidated Outlook for FY 2014


Thursday, 7 Nov 2013 10:00pm EST 

HIKARI TSUSHIN INC announced that it has raised its mid-year consolidated outlook for revenue from JPY 225,000 million to JPY 256,000 million, operating profit from JPY 13,000 million to JPY 15,700 million, ordinary profit from JPY 13,500 million to JPY 20,800 million, net profit from JPY 13,000 million to JPY 17,700 million, and earnings per share from JPY 273.56 to JPY 370.48, for the fiscal year ending March 31, 2014. The Company also has raised its full-year consolidated outlook for revenue from JPY 510,000 million to JPY 540,000 million, operating profit from JPY 31,000 million to JPY 32,000 million, ordinary profit from JPY 32,000 million to JPY 35,000 million, net profit from JPY 20,000 million to JPY 24,000 million, and earnings per share from JPY 420.87 to JPY 507.19, for the same fiscal year. The Company raised its mid-year and full-year consolidated outlook mainly due to the development of new corporate clients and strengthening of sales network, as well as gain on sale of investment securities. According to I/B/E/S Estimates, analysts on average are expecting the Company to report its full-year consolidated outlook for revenue of JPY 522,070 million, operating profit of JPY 32,810 million and net profit of JPY 24,420 million, for the same fiscal year. 

Company Quote

6580.0
-50.0 -0.75%
22 Aug 2014