LAC Co Ltd (3857.T)

3857.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Lac raises consolidated full-year outlook and year-end dividend forecast for FY 2016
Wednesday, 30 Mar 2016 

Lac Co Ltd:Says the company increased the consolidated full-year outlook for revenue to 37,000 mln yen from 35,770 mln yen, for the fiscal year ending March 31, 2016.Operating profit forecast increased to 2,340 mln yen from 2,300 mln yen.Ordinary profit forecast increased to 2,290 mln yen from 2,250 mln yen.Net profit forecast increased to 1,345 mln yen from 1,320 mln yen.Earnings per share increased to 53.01 yen from 52.02 yen.Comments the increased sales in core business and cost reduction are the main reasons for the forecast.Says it raised the year-end dividend forecast to 11 yen per share from 9 yen per share for the fiscal year ending March 2016.  Full Article

BRIEF-LAC ends disposal of treasury stock via private placement

* Says it ends disposal plan of treasury stock via private placement