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Fuji Soft Inc Raises Financial Outlook and Dividend Forecast for FY 2013


Tuesday, 23 Oct 2012 02:00am EDT 

Fuji Soft Inc announced that it has raised its consolidated mid-year outlook for revenue from JPY 67,000 million to JPY 70,200 million, operating profit from JPY 2,700 million to JPY 4,000 million, ordinary profit from JPY 2,380 million to JPY 3,700 million, net profit from JPY 1,080 million to JPY 1,450 million and earning per share from JPY 34.41 to JPY 46.20, for the fiscal year ending March 2013. In addition, the Company has also raised its consolidated full-year outlook for revenue from JPY 137,000 million to JPY 137,600 million, operating profit from JPY 6,000 million to JPY 7,300 million, ordinary profit from JPY 5,700 million to JPY 7,050 million, net profit from JPY 2,800 million to JPY 3,200 million and earning per share from JPY 89.22 to JPY 101.96, for the fiscal year ending March 2013. The Company raised the outlook due to the increased sales, the cost reduction and the profit on selling of shares of subsidiary. According to I/B/E/S Estimates, analysts were expecting the Company to report full-year revenue of JPY 141.00 billion and net profit of JPY 3.88 billion. The Company has also raised its mid-term dividend forecast from JPY 10.00 per share to JPY 11.00 per share and its year-end dividend forecast from JPY 10.00 per share to JPY 11.00 per share, for the fiscal year ending March 2013. 

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