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It expects to make an operating loss of about £10m in the first half of this year.
The company expects to make an operating profit of ¥200 billion in the year, reiterating guidance given earlier in the week, which had helped its shares rise.
The bank said it still aims to make an operating profit of more than 4 billion euros a year from 2012.
It said this week that it now expects to make an operating profit of euro500m ($494m) this year, compared with a forecast of euro400m made in June.
"Since Facebook doesn't make an operating system for mobile devices, this is the next best thing," said Jan Dawson, telecoms analyst at research firm Ovum.
London's bike hire scheme is on course to become the only Transport for London (TfL) system to make an operating profit, just 10 weeks after its launch.
Similar(29)
Overall, GMG – including the newspaper operation – made an operating loss £54.8m, down from the almost £76m the previous year.
Overall the US operation made an operating loss of £1.7m – but it is expected to return to profitability for the full year to 30 September.
It goes on to record that their joint operation, Independent Star Ltd, made an operating profit of €4.3m (£3.8m) in the year up to 31 December 2010.
When this is stripped out, giving a truer perspective of the day-to-day operations of the business, Express Newspapers made an operating profit of £16.3m last year.
In 1996 the firm made an operating loss of SKr1.4 billion on sales of SKr8.2 billion.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com