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India

Yasunaga Corp (7271.T)

7271.T on Tokyo Stock Exchange

2,810JPY
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Latest Key Developments (Source: Significant Developments)

YASUNAGA lowers consolidated full-year outlook for FY 2016
Friday, 12 Feb 2016 

YASUNAGA CORP:Says the company reaffirmed the consolidated full-year outlook for revenue as 32,000 million yen for the fiscal year ending March 31, 2016.Reaffirms operating profit forecast as 350 million yen.Sees a decrease of ordinary profit forecast to a loss of 160 million yen from 50 million yen.Sees a decrease of net profit forecast to a loss of 490 million yen from a loss of 300 million yen.Sees a decrease of earnings per share to a loss of 40.96 yen from a loss of 25.80 yen.Comments that the recording of loss on valuation of foreign exchange is the main reason for the forecast.  Full Article