I X Knowledge Inc Lowers Consolidated Mid-year and Full-year Outlook for FY 2013; Reaffirms Year-end Dividend Forecast for FY 2013

I X Knowledge Inc announced that it has lowered the consolidated mid-year outlook for revenue from JPY 7,587 million to JPY 7,290 million, operating profit (loss) from JPY (59 million) to JPY (85 million), ordinary profit (loss) from JPY (40 million) to JPY (64 million), net profit (loss) from JPY (33 million) to JPY (55 million) and earning (loss) per share from JPY (2.85) to JPY (4.73) for the fiscal year ending March 31, 2013. The Company has also lowered the consolidated full-year outlook for revenue from JPY 16,463 million to JPY 15,906 million, operating profit from JPY 334 million to JPY 289 million, ordinary profit from JPY 356 million to JPY 318 million, net profit from JPY 203 million to JPY 174 million and earning per share from JPY 17.13 to JPY 14.87 for the fiscal year ending March 31, 2013. The negative outlook is mainly due to less-than-expected sales. The Company also announced that it has reaffirmed the year-end dividend forecast at JPY 5 per share for the fiscal year ending March 31, 2013.