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Sagami Chain Co Ltd (9900.T)

9900.T on Tokyo Stock Exchange

1,392JPY
16 Oct 2017
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Latest Key Developments (Source: Significant Developments)

Sagami Chain raises consolidated mid-year and full-year outlook for FY 2016
Monday, 2 Nov 2015 01:30am EST 

Sagami Chain Co Ltd:Says the company increased the consolidated mid-year outlook for revenue to 13,000 mln yen from 12,500 mln yen, for the fiscal year ending March 31, 2016.Operating profit forecast increased to 560 mln yen from 370 mln yen.Ordinary profit forecast increased to 585 mln yen from 390 mln yen.Net profit forecast increased to 350 mln yen from 230 mln yen.Earnings per share increased to 13.22 yen from 8.68 yen.Says the company reaffirmed the consolidated full-year outlook for revenue at 26,300 mln yen for the fiscal year ending March 2016.Operating profit forecast increased to 750 mln yen from 730 mln yen.Ordinary profit forecast increased to 800 mln yen from 780 mln yen.Confirms the net profit forecast at 510 mln yen.Earnings per share increased to 19.26 yen from 19.25 yen.Comments the increased sales n existing stores as the main reason for the forecast.  Full Article