Meiji Holdings Co., Ltd. Meiji Holdings Co., Ltd. Financial Results- For the First Half of FYE March 2017 -  

Plan - FYE March 2017 (2)

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Investments and depreciation expenses
Revised capital expenditures to JPY 56.6 billion (full-year), about JPY 10 billion rise.

 - Accelerated forward-looking investments such as expansion of the production capacity for functional yogurt and chocolate and manufacturing facility in Medreich.

 - Increased depreciation expenses, accordingly.

Free cash flow
Following the review of revised income target and investments, no change has made to the previous forecast, JPY 21.0 billion.
Estimating 12% for the full year (previous forecast: 11%) after reflecting revisions to income targets.
No change from previous forecast