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Hakudo Co Ltd (7637.T)

7637.T on Tokyo Stock Exchange

17 Nov 2017
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Hakudo revises consolidated full-year outlook and lowers year-end dividend outlook for FY 2016
Monday, 7 Dec 2015 01:00am EST 

Hakudo Co Ltd:Says the company raised the consolidated full-year outlook for revenue to 32,000 million yen from 31,800 million yen for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to 1,590 million yen from 2,100 million yen.Sees a decrease of ordinary profit forecast to 1,630 million yen from 2,160 million yen.Sees a decrease of net profit forecast to 1,080 million yen from 1,440 million yen.Sees a decrease of earnings per share to 95.22 yen from 126.96 yen.FY 2016 revenues of 31.00 billion yen, net profit of 1.15 billion yen – Thomson Reuters I/B/E/S.Comments that increased costs on processing and service is the main reason for the forecast.Lowers year-end dividend outlook to 39 yen per share, from 51 yen per share, for the same fiscal year.  Full Article