Okura Industrial Earnings Forecast Upward Revision

TOKYO, Jul 30 (Pulse News Wire) – Okura Industrial Co.,Ltd. (4221) has revised its consolidated earnings forecast. FORECAST REVISION SUMMARY: (Unit: millions of yen) Revenue Op Profit Ord Profit Net Profit Previous Forecast (A) 98,000 6,500 6,700 4,300 Revised Forecast (B) 103,000 8,500 8,700 5,750 Change (B-A) - 5,000 2,000 2,000 Change (%): Revenue +5.1% | OP +30.8% | OrdP +29.9% | NP +33.7% Prior Year Actual 86,658 6,185 6,428 3,815 KEY CHANGES: - Revenue forecast raised by +5.1% to 103,000 - Net profit forecast raised by +33.7% to 5,750 - Operating profit forecast raised by +30.8% to 8,500 DIVIDEND REVISION: The company also revised its dividend forecast.