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Point drops, JP Morgan "recovery expected next fiscal year"
Point of casual clothing <2685> is the top rate drops in the first section of the Tokyo Stock Exchange. Without even dull afternoon, expanding the width down. I put a weaker yen to 150 yen 3005 8:01 pm minutes. In the daily chart has become a 25-day moving average line crack since December 05 last year.
Announced a downward revision of earnings forecast consolidated fiscal year ended February 29, 13 to 28 days after the close of the last year (2012) December. Lower (up 3.9% year-on-year) 119.5 billion yen from 125 billion yen sales, expected to become a double-digit decline in reversal (down 19.9% year-on-year) 9.9 billion yen from 13.1 billion yen operating profit definitions, so I'm taking a disappointment selling. Men's brand is doing well, did not lead to a decline in women.
JP Morgan, noting that a "notice of any effect modification product strategy currently working on whether embody about", even if you implement measures to boost fundamental tissue surface, the effect comes out is going to be next fiscal year are. "Neutral" investment decision has been deferred.
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