Key Developments: Calsonic Kansei Corp (7248.T)

7248.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Calsonic Kansei raises consolidated full-year outlook for FY 2016
Wednesday, 4 Nov 2015 01:30am EST 

Calsonic Kansei Corp:Says the company increased the consolidated full-year outlook for revenue to 1,050,000 million yen from 1,000,000 million yen for FY ending March 2016.Operating profit forecast increased to 38,000 million yen from 35,000 million yen.Ordinary profit forecast increased to 38,000 million yen from 33,000 million yen.Net profit forecast increased to 25,000 million yen from 22,000 million yen.Earnings per share increased to 93.31 yen from 82.11 yen.FY 2016 revenues of 1,020.47 billion yen, net income of 23.87 billion yen – Thomson Reuters I/B/E/S.Comments the sales increase and yen devaluation are the main reasons for the forecast.  Full Article

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