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Kozosushi Co Ltd Expects Extraordinary Loss for Q3 of FY 2013; Amends Consolidated Full-year Outlook for FY 2013


Friday, 8 Nov 2013 02:10am EST 

Kozosushi Co Ltd announced that its expecting an extraordinary loss of JPY 828 million, due to depletion of subsidiary's asset, for the third quarter of fiscal year ending December 31, 2013. The Company also announced that it has raised consolidated full-year outlook for revenue from JPY 15,720 million to JPY 15,958 million, but lowered the outlook for operating profit from JPY 30 million to JPY 21 million, ordinary profit from JPY 18 million to JPY 9 million, net profit (loss) from JPY 36 million to JPY (410 million), earnings (loss) per share from JPY 2.48 to JPY (27.13) for the fiscal year ending December 31, 2013. The negative profit outlook is mainly due to high material costs and record of extraordinary losses. The positive revenue outlook is mainly due to gain on transfer of direct-owned shops. 

Company Quote

125.0
-5.0 -3.85%
21 Nov 2014