April 23 (Reuters) - Synclayer Inc <1724.T>:Says it will change its fiscal year end date to Dec. 31 each year from March 31 each year .Its 57th fiscal year will be from April 1 to Dec. 31.
SYNCLAYER INC:Says the company lowered the consolidated full-year outlook for revenue to 6,950 mln yen from 8,680 mln yen for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to 65 mln yen from 250 mln yen.Sees a decrease of ordinary profit forecast to 75 mln yen from 210 mln yen.Sees a decrease of net profit forecast to a loss of 60 mln yen from 110 mln yen.Sees a decrease of earnings per share to 16.65 yen from 30.52 yen.Cancels the year-end dividend for the fiscal year ending March 2016.Latest dividend forecast was 6 yen per share.
SYNCLAYER INC:Says 55 employees took up the offer of the early-retirement program announced on Oct. 30.Effective date of retirement is Dec. 31.A premium will be added to the normal retirement allowance of eligible applicants.Says eligible applicants will also have the option to receive job-placement assistance.Expected extraordinary loss of about 75 mln yen for FY ending March 2016 for the early-retirement program.
SYNCLAYER INC:To offer an early-retirement program with subsidiary to employees and contractors, who are above 40 years old as of Oct. 31.Offering period from Nov. 16 to Nov. 27.The company expects 60 employees to take the offer.Says the employees who take up the offer will retire on Dec. 31.The company will provide retirement payment and outplacement support to the retiring employees.
SYNCLAYER INC:Resolved to cancel the year-end dividend for FY ended March 2015.Latest dividend forecast was 6 yen per share.
SYNCLAYER INC:To sell a property located in Aichi to a Japan-based company, and planned on March 27.Expected extraordinary profit of about 86 mln yen for FY ending March 2015 for this selling.
SYNCLAYER INC:Received order of cable FTTH from Aichi Cable TV Station in December with amount of 4,181 million yen.To begin the project from Jan. 2015.
SYNCLAYER INC:Changes transaction amount of acquisition of Okuda Denki Kogyo to 38 million yen from 53 million yen.
SYNCLAYER INC:To acquire 40,000 shares (100 pct stake) of Okuda Denki Kogyo from four individual with amount of 53 million yen on Oct. 1.
SYNCLAYER INC:Says the company increased the consolidated full-year outlook for revenue to 8,400 million yen from 8,360 million yen for the fiscal year ending Mar. 2014.Sees a decrease of operating profit forecast to 100 million yen from 260 million yen.Sees a decrease of ordinary profit forecast to 100 million yen from 220 million yen.Sees a decrease of net profit forecast to 70 million yen from 120 million yen.Sees a decrease of earnings per share to 19.24 yen from 32.98 yen.Comments the positive revenue outlook is mainly due to increase of order, and the negative profit outlook is mainly due to the fierce order competition and high raw material price caused by lowered exchange rate.Says it lowered the year-end dividend forecast to 3 yen per share, from 6 yen per share, for the fiscal year ending Mar. 2014.