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Raysum Co Ltd (8890.T)

8890.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Raysum lowers consolidated full-year outlook and lowers year-end divided forecast for FY 2016
Friday, 1 Apr 2016 

Raysum Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 27,700 mln yen from 41,500 mln yen for the fiscal year ended March 31, 2016.Sees a decrease of operating profit forecast to 5,400 mln yen from 7,900 mln yen.Sees a decrease of ordinary profit forecast to 5,100 mln yen from 7,800 mln yen.Sees a decrease of net profit forecast to 4,800 mln yen from 7,200 mln yen.Sees a decrease of earnings per share to 104.16 yen from 156.25 yen.Comments the lower sales than expected as the main reasons for the forecast.Says it lowered the year-end dividend forecast to 22 yen per share from 32 yen per share for the fiscal year ended March 2016.  Full Article

BRIEF- Raysum sells real estate

* Says it sold Tokyo-based real estate, including land and building, on Sept. 29