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Icom Inc (6820.T)

6820.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Icom lowers consolidated full-year outlook for FY 2016
Thursday, 28 Apr 2016 

FIcom Inc:Says the company lowered the consolidated full-year outlook for revenue to 26,870 mln yen from 29,300 mln yen for FY ended March 2016.Sees a decrease of operating profit forecast to 2,360 mln yen from 3,220 mln yen.Sees a decrease of ordinary profit forecast to 2,350 mln yen from 3,290 mln yen.Sees a decrease of net profit forecast to 1,660 mln yen from 2,380 mln yen.Sees a decrease of earnings per share to 112.3 yen from 160.61 yen.Comments depression of overseas market and losses on the appreciation of the yen are the main reasons for the forecast.  Full Article