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Araya Industrial Co Ltd (7305.T)

7305.T on Tokyo Stock Exchange

14 Dec 2017
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ARAYA INDUSTRIAL amends consolidated full-year outlook for FY 2016
Thursday, 28 Apr 2016 02:00am EDT 

ARAYA INDUSTRIAL CO LTD:Says the company affirmed the consolidated full-year outlook for revenue at 36,000 mln yen for FY ended March 2016.Operating profit forecast increased to 740 mln yen from 500 mln yen.Ordinary profit forecast increased to 750 mln yen from 550 mln yen.Net profit forecast decreased to 210 mln yen from 270 mln yen.Earnings per share increased to 3.78 yen from 4.86 yen.Comments expenses on reforming business is the main reason for the forecast.  Full Article