T&D : Revisions of Consolidated Earnings Forecasts for the Fiscal Year Ended March 31, 2017
May 04, 2017 at 06:54 am EDT
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April 28, 2017
T&D Holdings, Inc. Tetsuhiro Kida, President (Security Code: 8795)
Revisions of Consolidated Earnings Forecasts for the Fiscal Year Ended March 31, 2017
T&D Holdings, Inc. (President: Tetsuhiro Kida) hereby announces that it has revised the consolidated earnings forecasts for the fiscal year ended March 31, 2017, as follows:
Consolidated Earnings Forecasts for the Fiscal Year Ended March 31, 2017 (April 1, 2016 - March 31, 2017)
(Millions of yen)
Ordinary Revenues
Ordinary Profit
Profit Attributable to Owners of Parent
Net Income Per Share (Yen)
Previous Forecasts (A)
1,750,000
164,000
73,000
112.52
Revised Forecasts (B)
1,976,000
157,000
75,000
117.81
Amount of Change (B)-(A)
226,000
(7,000)
2,000
-
Percentage of Change (%)
12.9
(4.3)
2.7
-
(Reference)
Results of the Previous Fiscal Year End
2,025,925
171,434
72,547
111.00
Note: "Previous Forecasts (A)" is the forecast previously announced on May 13, 2016.
Reasons for the Revisions
Ordinary revenues are expected to exceed the previous forecast due to increases in income from insurance premiums, etc.
Ordinary profit is expected to be approximately 157.0 billion yen due to increases in losses from derivatives, net, etc., and profit attributable to owners of parent is expected to be approximately 75.0 billion yen due to decreases in total income taxes, etc.
Note: The above forecasts are based on the information available at the date of this announcement. Actual results may differ from the stated forecast figures due to various factors.
T&D Holdings Inc. published this content on 28 April 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 04 May 2017 10:54:24 UTC.
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