January 28, 2015
For immediate release
Company Name: Dai Nippon Printing Co., Ltd. Stock Code: 7912 (TSE1)
Name of Representative: Yoshitoshi Kitajima, President
Direct queries to: Takaaki Tamura, General Manager, Press and Public Relations
TEL: +81-3-5225-8220
Subsidiary Hokkaido Coca-Cola Bottling Co., Ltd.'s Earnings Forecast Revisions
Based on the latest earnings trends, Dai Nippon Printing Co., Ltd. (DNP) subsidiary Hokkaido Coca-Cola Bottling Co., Ltd. announced today revisions of its earnings forecasts originally published on February 7, 2014. Please see the attachment.
The impact of the revisions on DNP's consolidated and non-consolidated financial performance in the current fiscal year ending March 2015 is likely to be minimal.
Attachment
For immediate release
January 28, 2015
Company Name: Hokkaido Coca-Cola Bottling Co., Ltd.
Stock Code: 2573
Name of Representative: Yasuyuki Sasaki, President
Direct queries to: Norihiko Maeda, Director of Accounting
TEL: +81-11-888-2051
Revisions of Earnings Forecasts for the Fiscal Year Ended December 31, 2014Based on the latest earnings trends, Hokkaido Coca-Cola Bottling Co., Ltd. announced today revisions of its earnings forecasts for the fiscal year ended December 31, 2014 which were originally published on February 7, 2014.
Revised earnings forecasts Revisions of consolidated earnings forecasts for the fiscal year ended December 31, 2014 (January 1, 2014-December 31, 2014)Net sales | Operating income | Ordinary income | Net income | Net income per share | |
Latest forecast (A) | Million yen 54,900 | Million yen 1,000 | Million yen 1,000 | Million yen 450 | Yen 12.32 |
Revised forecast (B) | 59,640 | 1,100 | 1,116 | 609 | 16.68 |
Change (B-A) | 4,740 | 100 | 116 | 159 | |
Change (%) | 8.6 | 10.1 | 11.6 | 35.4 | |
Previous year result (fiscal year ended December 2013) | 54,808 | 680 | 789 | 362 | 9.92 |
Reasons for the revisions
In the fiscal year ended in December 2014 (January 1, 2014-December 31, 2014), we expect consolidated operating income and ordinary income to surpass our previous forecasts as a result of firm sales. We also expect net income to surpass our previous forecast as a result of firm sales, extraordinary gains on the sale of idle land, and other factors.
The forecasts in this press release are based on information available at the publication date, and actual results may differ due to a variety of factors.
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