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Kawai Musical Instruments Manufacturing Co Ltd Raises Consolidated Full-year Outlook for FY 2014


Thursday, 7 Nov 2013 01:00am EST 

Kawai Musical Instruments Manufacturing Co Ltd announced that it has raised its consolidated full-year outlook for revenue from JPY 57,000 million to JPY 58,500 million, ordinary profit from JPY 1,600 million to JPY 2,000 million, net profit from JPY 1,100 million to JPY 1,300 million and earning per share from JPY 12.99 to JPY 15.36 , but affirmed the outlook for operating profit of JPY 1,800 million, for the fiscal year ending March 2014. The positive outlook is due to the increased sales and the record of exchange profit. 

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