Raito Kogyo Co Ltd (1926.T)

1926.T on Tokyo Stock Exchange

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RAITO KOGYO raises consolidated full-year outlook and year-end dividend forecast for FY 2016
Tuesday, 2 Feb 2016 

RAITO KOGYO CO LTD:Says the company increased the consolidated full-year outlook for revenue to 93,000 mln yen from 90,000 mln yen, for the FY ending March 2016.Operating profit forecast increased to 8,400 mln yen from 6,400 mln yen.Ordinary profit forecast increased to 8,500 mln yen from 6,500 mln yen.Net profit forecast increased to 5,600 mln yen from 4,100 mln yen.Earnings per share increased to 106.34 yen from 77.85 yen.Comments progress of construction is the main reason for the forecast.Raised year-end dividend forecast to 20 yen per share from 14 yen per share for FY ending March 2016.  Full Article