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Sakai Heavy Industries Ltd (6358.T)

6358.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

SAKAI HEAVY INDUSTRIES raises consolidated mid-year profit outlook for FY 2016
Friday, 7 Aug 2015 02:00am EDT 

SAKAI HEAVY INDUSTRIES LTD:Says the company reaffirmed the consolidated mid-year outlook for revenue at 12,700 mln yen for the fiscal year ending March 2016.Operating profit forecast increased to 1,100 mln yen from 900 mln yen.Ordinary profit forecast increased to 1,080 mln yen from 830 mln yen.Net profit forecast increased to 620 mln yen from 550 mln yen.Earnings per share increased to 14.62 yen from 12.97 yen.Says profit outlook raised due to the yen devaluation.  Full Article

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