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Matsuya Foods Co Ltd Amends Mid-year and Full-year Consolidated Outlook for FY 2014


Thursday, 31 Oct 2013 01:00am EDT 

Matsuya Foods Co Ltd announced that it has lowered its mid-year consolidated outlook for revenue from JPY 39,970 million to JPY 38,695 million, and raised its mid-year consolidated outlook for operating profit from JPY 360 million to JPY 637 million, ordinary profit from JPY 470 million to JPY 628 million, net profit from JPY 40 million to JPY 179 million, and earnings per share from JPY 2.10 to JPY 9.43, for the fiscal year ending March 2014. The Company has lowered its full-year consolidated outlook for revenue from JPY 82,100 million to JPY 79,200 million, raised its full-year consolidated outlook for operating profit from JPY 1,850 million to JPY 2,120 million, and reaffirmed its full-year consolidated outlook for ordinary profit of JPY 2,080 million, net profit of JPY 600 million, and earnings per share of JPY 31.47, for the same fiscal year. The Company lowered its consolidated outlook for revenue mainly due to the decrease in sales of stores and raised its mid-year consolidated outlook for operating profit, ordinary profit and net profit mainly due to the reduction in expense. 

Company Quote

2468.0
8.0 +0.33%
7:30pm EST