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Cubic Korea to sell entire stake in Samyung Trading Co., Ltd

Friday, 24 Oct 2014 03:26am EDT

Cubic Korea Inc:To sell entire 160,213 shares of Samyung Trading Co., Ltd (target company), which is engaged in the provision of cubic printing services using curl-fit technology.Transaction amount of 3,555,375,170 won.Expected transaction settlement date of Oct. 27.To hold 0 pct in the target company, after the transaction.

Cts Co Ltd raises consolidated mid-year and full-year outlook for and raises mid-year dividend forecast for FY March 31, 2015

Friday, 24 Oct 2014 02:30am EDT

Cts Co Ltd:Says the company raised the consolidated mid-year outlook for revenue to 2,970 million yen from 2,900 million yen for the fiscal year ending March 31, 2015.Sees an increase of mid-year operating profit forecast to 480 million yen from 410 million yen.Sees an increase of mid-year ordinary profit forecast to 465 million yen from 390 million yen.Sees an increase of mid-year net profit forecast to 313 million yen from 234 million yen.Sees an increase of mid-year earnings per share to 29.20 yen from 21.78 yen.Says the company raised the consolidated full-year outlook for revenue to 6,100 million yen from 6,000 million yen for the fiscal year ending March 31, 2015.Sees an increase of full-year operating profit forecast to 960 million yen from 890 million yen.Sees an increase of full-year ordinary profit forecast to 925 million yen from 850 million yen.Sees an increase of full-year net profit forecast to 589 million yen from 510 million yen.Sees an increase of full-year earnings per share to 54.80 yen from 47.45 yen.Comments that increased sales of system and measurement business, house equipment and environment security business, as well as the recording of profit on sales of investment securities are the main reasons for the forecast.Sees mid-year dividend of 9.00 yen per share raised from 7.50 yen per share, for the fiscal year ending March 31, 2015.Confirms year-end dividend at 9.00 yen per share.

PASCO CORP lowers consolidated mid-year outlook for FY 2015

Friday, 24 Oct 2014 02:00am EDT

PASCO CORP:Says the company lowered the consolidated mid-year outlook for revenue to 23,663 million yen from 25,000 million yen for FY ending March 2015.Sees a decrease of operating profit forecast to 428 million yen from 1,200 million yen.Sees a decrease of ordinary profit forecast to 464 million yen from 1,100 million yen.Sees a decrease of net profit forecast to 184 million yen from 600 million yen.Sees a decrease of earnings per share to 2.55 yen from 8.31 yen.Comments the sales decrease is the main reason for the forecast.

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$75.00
Provider: Edison Investment Research
$10.00
Provider: Edison Investment Research
$10.00
Provider: Auerbach Grayson & Co., Inc.
$25.00
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$25.00

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