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Shima Seiki Mfg. Ltd (6222.T)

6222.T on Tokyo Stock Exchange

16 Feb 2018
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¥-10 (-0.16%)
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Latest Key Developments (Source: Significant Developments)

SHIMA SEIKI MFG lowers consolidated full-year outlook for FY 2016
Thursday, 21 Apr 2016 

SHIMA SEIKI MFG LTD:Says the company lowered the consolidated full-year outlook for revenue to 49,500 mln yen from 51,000 mln yen for the fiscal year ended March 31, 2016.Sees a decrease of operating profit forecast to 5,700 mln yen from 7,000 mln yen.Sees a decrease of ordinary profit forecast to 4,500 mln yen from 7,500 mln yen.Sees a decrease of net profit forecast to 3,300 mln yen from 5,000 mln yen.Sees a decrease of earnings per share to 96.44 yen from 146.12 yen.Comments the lower sales than expectation and higher cost, as well as loss on exchange are the main reasons for the forecast.  Full Article