The board of directors of Four Seas Mercantile Holdings Ltd. announced the shareholders of the company and potential investors that based on its preliminary review of the latest consolidated management accounts of the group, the group is expected to record a significant increase in its profit for the year ending March 31, 2013 as compared with the results of the group for the year ended March 31, 2012. Such increase was primarily attributable to an improvement in the gross profit margin of the group during the period together with the benefit of the depreciation of the Japanese Yen, being one of the transaction currencies for the purchases of the group.