Nihon Dempa Kogyo Co Ltd <6779.T>::NIHON DEMPA KOGYO CO LTD: NOTICE OF CHANGES OF REPRESENTATIVE DIRECTORS, DIRECTORS AND CORPORATE OFFICERS.
NIHON DEMPA KOGYO CO LTD:Says the company raised the consolidated full-year outlook for revenue to 44,850 mln yen from 44,500 mln yen for FY ended March 2016.Sees a decreased operating profit forecast to 400 mln yen from 700 mln yen.Sees a decreased ordinary profit forecast to 100 mln yen from 600 mln yen.Sees a decreased net profit forecast to 300 mln yen from 500 mln yen.Sees a decreased earnings per share to 300 yen from 500 yen per share.Comments a loss on valuation of investment securities and the impact of appreciation of the Yen are the main reasons for the forecast.
NIHON DEMPA KOGYO CO LTD:Says the company lowered the consolidated full-year outlook for revenue to 44,500 mln yen from 46,000 mln yen for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to 700 mln yen from 1,500 mln yen.Sees a decrease of ordinary profit forecast to 600 mln yen from 1,300 mln yen.Sees a decrease of net profit forecast to 500 mln yen from 1,200 mln yen.Sees a decrease of earnings per share to 25.48 yen from 61.14 yen.Comments the worry for downturn of economic conditions in Asia emerging countries as the main reason for the forecast.
NIHON DEMPA KOGYO CO LTD:To sell Tokyo-based property for 1,160 mln yen to a Japan-based company, on March 26.
NIHON DEMPA KOGYO CO LTD:Announces Toshiaki Takeuchi, the chairman of the board, to also serve as president.Hiroshi Takeuchi, the president of the company, to serve as deputy chairman of the board.
NIHON DEMPA KOGYO CO LTD announced that it has reaffirmed the consolidated full-year outlook for revenue at JPY 51,000 million, and lowered the outlook for operating profit from JPY 1,500 million to JPY 700 million, pre-tax net profit from JPY 1,000 million to JPY 500 million, net profit from JPY 1,000 million to JPY 400 million and earnings per share from JPY 50.95 to JPY 20.38 for the fiscal year ending March 2014. The negative outlook is mainly due to low sales price caused by the fierce market competition.
NIHON DEMPA KOGYO CO LTD announced that it has lowered its consolidated full-year outlook for revenue from JPY 53,000 million to JPY 50,500 million, operating profit from JPY 2,500 million to JPY 600 million, ordinary profit from JPY 2,200 million to JPY 400 million, net profit from JPY 2,000 million to JPY 300 million and earning per share from JPY 101.89 to JPY 15.28, for the fiscal year ending March 2013. The Company lowered the outlook due to the less-than-expected sales and the lower selling price, among others.
NIHON DEMPA KOGYO CO., LTD. announced that it has lowered the consolidated mid-year forecast for revenue from JPY 26,000 million to JPY 25,900 million, but raised the forecast for operating profit from JPY 500 million to JPY 1,030 million, before tax profit from JPY 400 million to JPY 730 million, net profit from JPY 350 million to JPY 800 million, profit for parent company's shareholders from JPY 350 million to JPY 800 million and earning per share from JPY 17.83 to JPY 40.76 for the fiscal year ending March 31, 2012. The Company lowered the consolidated mid-year outlook for revenue due to raising value of yen, but lowered the outlook for operating profit, before tax profit and net profit due to decreased costs.
NIHON DEMPA KOGYO CO., LTD. announced that for the first half of 2011, it expects net sales in the range of JPY27.000 billion to JPY55.000 billion, operating income in the range of JPY1.500 billion to JPY3.500 billion, Income before income tax in the range of JPY1.350 billion to JPY3.200 billion, net income in the range of JPY1.250 billion to JPY3.000 billion and earnings per share (EPS) in the range of JPY63.68 to JPY152.83. According to Reuters Estimates, analysts were expecting the Company to report revenue of JPY27.800 billion, operating profit of JPY1.100 billion, pre-tax profit of JPY1.050 billion and net profit of JPY1.050 billion for the first half of 2011.
NIHON DEMPA KOGYO CO., LTD. reaffirmed its fiscal 2010 guidance and expects revenue of JPY 51,500 million, operating profit of JPY 4,200 million, ordinary profit of JPY 3,600 million, net profit of JPY 3,500 million and earning per share of JPY 178.30.