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Cox Co Ltd (9876.T)

9876.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

COX lowers consolidated full-year outlook for FY 2016
Friday, 5 Feb 2016 01:00am EST 

COX CO LTD:Says the company lowered the consolidated full-year outlook for revenue to 21,100 million yen from 22,100 million yen for the fiscal year ending Feb. 29, 2016.Sees a decrease of operating profit forecast to a loss of 450 million yen from 300 million yen.Sees a decrease of ordinary profit forecast to a loss of 280 million yen from 460 million yen.Sees a decrease of net profit forecast to a loss of 780 million yen from 50 million yen.Sees a decrease of earnings per share to a loss of 28.28 yen from 1.81 yen.Comments that decreased sales of winter goods and increased human resources costs are the main reasons for the forecast.  Full Article

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