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KURODA PRECISION INDUSTRIES LTD Announces Business Reformation; Expects Extraordinary Profit and Loss for FY 2014

Friday, 27 Sep 2013 02:00am EDT 

KURODA PRECISION INDUSTRIES LTD announced that it has decided to reorganize its machinery and measure system business, by selling manufacturing equipments for general-purpose product and focusing on special purpose tool business. The Company will also reorganize the metal form system business. The Company is expecting an extraordinary loss of JPY 223 million due to the reformation, and an extraordinary profit of JPY 1,284 million due to gain on selling of land for the fiscal year ending March 2014. 

Company Quote

-2.0 -1.13%
3 Mar 2015