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Musashino Kogyo Co Ltd Amends Consolidated Mid-year and Full-year Outlook for FY 2014


Friday, 8 Nov 2013 03:00am EST 

Musashino Kogyo Co Ltd announced that it has raised the consolidated mid-year outlook for revenue from JPY 740 million to JPY 772 million, and lowered the outlook for operating profit from JPY 35 million to JPY 12 million, ordinary profit from JPY 55 million to JPY 26 million, net profit from JPY 55 million to JPY 24 million, earnings per share from JPY 5.25 to JPY 2.38 for the fiscal year ending March 2014. The Company has also announced that it has reaffirmed the consolidated full-year outlook for revenue at JPY 1,500 million, and lowered the outlook for operating profit from JPY 75 million to JPY 55 million, ordinary profit from JPY 85 million to JPY 65 million, net profit from JPY 65 million to JPY 55 million, earnings per share from JPY 6.21 to JPY 5.25 for the fiscal year ending March 2014. The negative profit outlook is mainly due to operation costs happened in the equipment maintenance for driving school business. 

Company Quote

233.0
-4.0 -1.69%
19 Sep 2014