Otsuka Kagu, Ltd. Reports Non-Consolidated Earnings Results for the Six Months Ended June 30, 2016; Revised Non-Consolidated Earnings Guidance for the Second Half and Year Ending Dec. 31, 2016
For the second half ending Dec. 31, 2016, the company now expects non-consolidated net sales of JPY 24,233 million, operating loss of JPY 1,890 million, ordinary loss of JPY 1,844 million and loss of JPY 1,861 million compared to previous guidance of net sales of JPY 29,665 million, operating income of JPY 393 million, ordinary income of JPY 439 million and profit of JPY 314 million. Depreciation is expected JPY 118 million.
For the year ending Dec. 31, 2016, the company now expects non-consolidated net sales of JPY 48,327 million, operating loss of JPY 3,863 million, ordinary loss of JPY 3,704 million and loss of JPY 4,358 million or JPY 245.37 per basic share compared to previous guidance of net sales of JPY 53,851 million, operating loss of JPY 1,549 million, ordinary loss of JPY 1,395 million and loss of JPY 1,661 million. Depreciation is expected JPY 235 million.