April 10, 2015
For immediate release
Company Name: Dai Nippon Printing Co., Ltd. Stock Code: 7912 (TSE1)
Name of Representative: Yoshitoshi Kitajima, President
Direct queries to: Takaaki Tamura, General Manager, Press and Public Relations
TEL: +81-3-5225-8220
Based on the latest earnings trends, Dai Nippon Printing Co., Ltd. (DNP) subsidiary BUNKYODO GROUP HOLDINGS CO., LTD. announced today revisions of its earnings forecasts, originally published on January 13, 2015. Please see the attachment.
The impact of the revisions on DNP's consolidated and non-consolidated financial performance in the current fiscal year ended March 2015 is likely to be minimal.
Attachment
For immediate release
April 10, 2015
Company Name: BUNKYODO GROUP HOLDINGS CO., LTD.
Stock Code: JASDAQ 9978
Name of Representative: Fujio Shimazaki, President
Direct queries to: Mitsuhide Munakata, Managing Director, Manager of Administrative Headquarters TEL: +81-44-811-0118
BUNKYODO GROUP HOLDINGS CO., LTD. announced today the following revisions of its earnings forecasts, originally published on January 13, 2015, based on the latest earnings trends.
1. Revisions of consolidated earnings forecasts for the fiscal year ending August 31, 2015 (1) For the first half ended February 28, 2015 (September 1, 2014-February 28, 2015)Net sales | Operating income (loss) | Ordinary income (loss) | Net income (loss) | Net income (loss) per share | |
Previous forecast (A) | Million yen 17,000 | Million yen 45 | Million yen 50 | Million yen 30 | Yen 1.94 |
Revised forecast (B) | 16,643 | (109) | (102) | (138) | (10.10) |
Change (B-A) | (357) | (154) | (152) | (168) | - |
Change (%) | (2.1) | - | - | - | - |
Previous first half result (first half ended February 2014) | 16,684 | (71) | (57) | (119) | (8.77) |
The downward revisions for operating income, ordinary income, and net income reflect a decrease in gross profits due to lower sales and an increase in costs related to initially planned store openings and remodeling.
(3) For the fiscal year ending August 31, 2015 (September 1, 2014-August 31, 2015)Net sales | Operating income | Ordinary income | Net income | Net income per share | |
Previous forecast (A) | Million yen 34,500 | Million yen 110 | Million yen 130 | Million yen 80 | Yen 5.31 |
Revised forecast (B) | 33,900 | 100 | 120 | 30 | 1.75 |
Change (B-A) | (600) | (10) | (10) | (50) | - |
Change (%) | (1.7) | (9.1) | (7.7) | (62.5) | - |
Previous year result (fiscal year ended August 2014) | 33,284 | (491) | (444) | (831) | (59.91) |
We expect that our full year forecasts will also need to be revised as a result of revising our first half forecasts.
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