Shiseido Co Ltd Announces Extraordinary Loss for Q4 of FY 2013; Amends Consolidated Full-year Outlook and Affirms Year-end Dividend Forecast for FY 2013


Wednesday, 24 Apr 2013 03:00am EDT 

Shiseido Co Ltd announced that it will record a JPY 28,600 million extraordinary loss on the impairment of fixed assets, for the fourth quarter of the fiscal year ended March 2013. The Company has also lowered its consolidated full-year outlook for revenue from JPY 680,000 million to JPY 677,500 million, net profit from JPY 10,500 million to a loss of JPY 14,700 million and earning per share from JPY 26.38 to a loss of JPY 36.93, but raised the outlook for operating profit from JPY 24,500 million to JPY 26,000 million and ordinary profit from JPY 25,500 million to JPY 28,000 million, for the fiscal year ended March 2013. The Company lowered the revenue outlook due to the decreased sales, raised the operating profit and ordinary profit outlook due to the cost reduction, and lowered the net profit outlook due to the record of extraordinary losses, among others. In addition, the Company has affirmed its year-end dividend forecast of JPY 25 per share, for the fiscal year ended March 2013. 

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30 Jan 2015