Harada Industry Co Ltd (6904.T)
Latest Key Developments (Source: Significant Developments)
HARADA INDUSTRY CO LTD:Says the company increased the consolidated full-year outlook for revenue to 42,000 mln yen from 41,000 mln yen, for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to 350 mln yen from 900 mln yen.Sees a decrease of ordinary profit forecast to 50 mln yen from 750 mln yen.Sees a decrease of net profit forecast to 20 mln yen from 350 mln yen.Sees a decrease of earnings per share to 0.92 yen from 16.09 yen.Comments improvement in the cost of sales ratio and cost reduction as main reasons for the forecast. Full Article
MATSUMOTO/TOKYO, Japan Bank of Japan policymakers signaled on Wednesday they had raised the threshold for further easing after last month's policy revamp - keeping their pledge to expand stimulus if needed, but only to protect the economy from external shocks.