Bridge Report on TOW Co., Ltd. Issued: FY6/13 Results and FY6/14 Estimates
Investment Bridge, one of Japan's leading IR services companies, has released a “Bridge Report” on TOW Co., Ltd. (TSE First Section: 4767) reviewing fiscal year June 2013 earnings results and fiscal year June 2014 earnings estimates.
* During fiscal year June 2013, TOW's sales and current profit declined by 11.4% and 12.4% year-over-year respectively.
* During fiscal year June 2014, sales and current profit are expected to decline by 12.0% and 42.6% year-over-year respectively.
* A recovery in corporate earnings is highly likely to stimulate spending upon sales promotional activities, and TOW can be expected to benefit from this as the leading company of the event and promotion industry.
TOW provides event, sales promotion planning, creation, and operations.
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