Fujiya Co Ltd <2211.T>::EXECUTIVE NOBUYUKI KAWAMURA TO BE PRESIDENT EFFECTIVE MARCH 26.
Sept 25 (Reuters) - Fujiya Co Ltd <2211.T>:* Says it will sell Tokyo-based property on Nov. 30, and capital gains from the sale is about 19 billion yen .
Fujiya Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 104,021 mln yen from 106,000 mln yen for the fiscal year ended Dec. 31, 2015.Operating profit forecast increased to 1,480 mln yen from 1,400 mln yen.Sees a decrease of ordinary profit forecast to 1,522 mln yen from 1,600 mln yen.Sees a decrease of net profit forecast to 146 mln yen from 500 mln yen.Sees a decrease of earnings per share to 0.57 yen from 1.94 yen.Says revenue and net profit outlook lowered due to the effect of the fickle weather in Nov. and exchange rate in China market, and higher tax burden.
Fujiya Co Ltd:Says the company remained the consolidated full-year outlook for revenue at 106,000 million yen for FY ending Dec. 2015.Sees a decrease of operating profit forecast to 1,400 million yen from 1,900 million yen.Sees a decrease of ordinary profit forecast to 1,600 million yen from 2,100 million yen.Sees a decrease of net profit forecast to 500 million yen from 1,000 million yen.Sees a decrease of earnings per share to 1.94 yen from 3.88 yen.Comments the performance of H1 and costs reduction are the main reasons for the forecast.
Fujiya Co Ltd:Says the company amended the consolidated full-year outlook for the FY ending Dec. 2014.Revenue forecast increased to 104,105 million yen from 103,000 million yen.Operating profit forecast decreased to 887 million yen from 1,300 million yen.Ordinary profit forecast decreased to 1,168 million yen from 2,000 million yen.Net profit forecast decreased to a loss of 110 million yen from 1,200 million yen.Earnings per share decreased to a loss of 0.43 yen from 4.66 yen.Comments that increased sales revenue, increased consumption tax rate and increased costs are the main reasons for the forecast.Resolved to cancel the year-end dividend for the FY ended Dec. 2014 and latest dividend forecast was 1.5 yen per share.
Fujiya Co Ltd:Says the company amended the consolidated full-year outlook for the FY ending Dec. 2014.Revenue forecast increased to 103,000 million yen from 97,000 million yen.Confirmed the operating profit forecast at 1,300 million yen.Confirmed the ordinary profit forecast at 2,000 million yen.Confirmed the net profit forecast at 1,200 million yen.Confirmed the earnings per share at 4.66 yen.Comments that involved performance of a Japan-based company is the main reason for the forecast.
Fujiya Co Ltd:Says fully acquired Sweet Garden at amount of 1,046 mln yen and plan disclosed on Feb. 13.Transaction date April 1.
Fujiya Co Ltd:Says to fully acquire 21,926 shares (a 100 pct stake) of Sweet Garden, a Hyoko-based company which manufactures and sells candy and snacks from a Kanagawa-based shareholding company.Says acquisition amount is about 1,060 million yen.Says transaction date April 1.
Fujiya Co Ltd:Says amended the consolidated full-year outlook for fiscal year ended Dec. 2013.Sees revenue of 93,760 million yen from 93,000 million yen.Sees operating profit of 1,096 million yen from 1,800 million yen.Sees ordinary profit of 1,786 million yen from 2,700 million yen.Sees net profit of 930 million yen from 2,400 million yen.Sees earning per share of 3.61 yen from 9.31 yen.Says lowered the profit outlook due to the increased marketing cost and other costs.Sees year-end dividend of 1.50 yen per share from 2.00 yen per share.
Fujiya Co Ltd announced that it has decided to license a Taiwan-based company to operate Fujiya candy shops, and to produce and sales candies under the brand Fujiya, effective August 1, 2013. The Taiwan-based company is a 90%-owned subsidiary of Yamazaki Baking.