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Kuroda Precision Industries Ltd (7726.T)

7726.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

KURODA PRECISION INDUSTRIES amends consolidated mid-year outlook for FY 2016
Wednesday, 11 Nov 2015 11:00pm EST 

KURODA PRECISION INDUSTRIES LTD:Says the company lowered the consolidated mid-year outlook for revenue to 6,752 million yen from 7,000 million yen for FY ending March 2016.Operating profit forecast increased to 110 million yen from 30 million yen.Ordinary profit forecast increased to 210 million yen from 80 million yen.Net profit forecast increased to 70 million yen from 50 million yen.Earnings per share increased to 2.49 yen from 1.78 yen.Comments the sales decrease in overseas subsidiary and costs reduction are the main reasons for the forecast.  Full Article

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