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NOK CORP Raises Consolidated Mid-year Outlook for FY 2014

Friday, 19 Jul 2013 02:00am EDT 

NOK CORP announced that it has raised its consolidated mid-year outlook for revenue from JPY 259,000 million to JPY 269,400 million, operating profit from JPY 5,800 million to JPY 7,500 million, ordinary profit from JPY 7,000 million to JPY 12,200 million, net profit from JPY 3,800 million to JPY 5,900 million and earning per share from JPY 22.08 to JPY 34.27, for the fiscal year ending March 2014. The Company raised the outlook due to the increased sales of seal and roll business as well as the impact of the lower yen. 

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