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Tokyu Recreation Co Ltd Expects Extraordinary Profit and Loss for FY 2012; Amends Consolidated Full-year Outlook for FY 2012


Wednesday, 13 Feb 2013 12:00am EST 

Tokyu Recreation Co Ltd announced that it is expecting an extraordinary profit of JPY 443 million, as gain on selling of a building, and an extraordinary profit of JPY 747 million, as loss in the depletion of fixed assets, for the fiscal year ended December 31, 2012. The Company also announced that it has lowered the consolidated full-year outlook for revenue from JPY 31,942 million to JPY 31,370 million, net profit from JPY 309 million to JPY 175 million and earning per share from JPY 10.52 to JPY 5.97, but has raised the full-year outlook for operating profit from JPY 788 million to JPY 993 million and ordinary profit from JPY 602 million to JPY 868 million for the fiscal year ended December 31, 2012. The negative revenue outlook is mainly due to less-than-expected sales proceeds of image business. The positive operating profit and ordinary profit outlook is mainly due to the adjustment of costs. The negative net profit outlook is mainly due to the record of extraordinary loss. 

Company Quote

658.0
2.0 +0.30%
24 Oct 2014