Microsoft Word - Notice Concerning Revision of Earnings Forecasts.d FOR IMMEDIATE RELEASE


October 30, 2015


Company Name: Leopalace21 Corporation

Representative: Eisei Miyama, President and CEO

Code Number: 8848 (Tokyo Stock Exchange, First Section) Contact: Bunya Miyao, Executive Officer

Tel: +81-3-5350-0216

E-mail: ir@leopalace21.com


Notice Concerning Revision of Earnings Forecasts


Leopalace21 Corporation ('the Company'), in consideration of recent performance, announces the following revisions to its earnings forecasts for the six months ended September 30, 2015 (April 1, 2015 through September 30, 2015) from those announced on May 11, 2015.


  1. Revision of Earnings Forecasts
    1. Revision to consolidated earnings forecasts for the six months ended September 30, 2015 (April 1, 2015 through September 30, 2015)

      (Million yen)



      Net sales


      Operating profit


      Recurring profit

      Net income attributable to shareholders of the parent


      Net income per share (yen)

      Previous forecast (A)

      253,000

      8,000

      7,300

      6,100

      23.20

      Revised forecast (B)

      252,300

      10,400

      9,600

      8,200

      31.24

      Amount change (B - A)

      (700)

      2,400

      2,300

      2,100

      Percentage change

      0.3%

      30.0%

      31.5%

      34.4%

      (Reference)

      Results for the six months ended September 30, 2014


      233,037


      6,087


      5,546


      5,066


      19.27


    2. Revision to non-consolidated earnings forecasts for the six months ended September 30, 2015 (April 1, 2015 through September 30, 2015)

      (Million yen)


      Net sales

      Recurring profit

      Net income

      Net income per share (yen)

      Previous forecast (A)

      244,500

      7,000

      5,900

      22.44

      Revised forecast (B)

      245,600

      9,600

      8,100

      31.02

      Amount change (B - A)

      1,100

      2,600

      2,200

      Percentage change

      0.4%

      37.1%

      37.3%

      (Reference)

      Results for the six months ended September 30, 2014


      234,377


      5,311


      4,658


      17.72

    3. Reasons for the Revision
    4. Although net sales are progressing in accordance with plans, operating profit, recurring profit, and net income are expected to increase compared to previous forecasts, due to a reduction in cost of goods sold and selling, general, and administrative expenses.

      There are no changes to the full-year forecasts as of the present time.


      Note: Revised business forecasts are calculated based on information available to the Company as of this announcement. Actual results may differ from these forecasts for a variety of reasons.


      END

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