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MarketScreener Homepage  >  Equities  >  Tokyo Stock Exchange  >  Gurunavi, Inc.    2440   JP3274180003

GURUNAVI, INC.

(2440)
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Gurunavi : Revised Full-Year Business Forecast for the Fiscal Year ending March 31, 2020

02/05/2020 | 02:44am EST

For immediate release

Name of Listed Company:

Gurunavi, Inc.

Listed Stock Exchanges:

Tokyo Stock Exchange

Stock Code:

2440

Representative:

Akio Sugihara, President

Revised Full-Year Business Forecast for the Fiscal Year ending March 31, 2020

February 5, 2020 ̶Gurunavi, Inc. (the "Company") announces that it has revised its consolidated full-year forecast for the fiscal year ending March 31, 2020 (April 1, 2019 to March 31, 2020), in light of recent business performance. The previous forecast was announced on October 30, 2019.

1. Revised consolidated full-year forecast for the fiscal year ending March 31, 2020 (April 1, 2019 to March 31, 2020)

Net income

Basic

Operating

Ordinary

attributable to

Net sales

earnings per

income

income

owners of

share

parent

Forecast previously

Million yen

Million yen

Million yen

Million yen

yen

announced (A)

30,800

(2,000)

(2,000)

(2,050)

(43.77)

Revised forecast (B)

31,000

1,400

1,440

790

16.86

Change (B-A)

200

3,400

3,440

2,840

Rate of change (%)

0.6

(Reference)

32,728

1,216

1,289

581

12.42

Results for the fiscal year

ended March 31, 2019

2. Reasons of revision

Full-scale structural reforms and upfront investment based on the medium-term business policy scheduled for the second half of the fiscal year will be postponed to the next fiscal year. This is because we believe that sufficient preparation, such as improving the accuracy of measures through thorough analysis and verification of the current situation, will lead to maximization of results.

In addition, variable costs are expected to be lower than expected due to adequate control of variable costs by product.

Important note

The above forecast is based on information available at the time of this announcement and is subject to a number of uncertainties. Actual results could differ materially from this forecast due to changes in business conditions and other factors.

Disclaimer

Gurunavi Inc. published this content on 05 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 February 2020 07:43:00 UTC


© Publicnow 2020
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Sales 2021 15 200 M 147 M 147 M
Net income 2021 -9 500 M -91,8 M -91,8 M
Net Debt 2021 - - -
P/E ratio 2021 -2,67x
Yield 2021 -
Capitalization 25 336 M 245 M 245 M
Capi. / Sales 2021 1,67x
Capi. / Sales 2022 1,14x
Nbr of Employees 1 476
Free-Float 56,9%
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Technical analysis trends GURUNAVI, INC.
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 1
Average target price 720,00 JPY
Last Close Price 540,00 JPY
Spread / Highest target 33,3%
Spread / Average Target 33,3%
Spread / Lowest Target 33,3%
EPS Revisions
Managers and Directors
NameTitle
Akio Sugihara President & Representative Director
Hisao Taki Chairman
Kazuya Saito Manager-Information Systems
Koichi Tsukihara Independent Outside Director
Naho Kono Outside Director
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