JAPANESE COMPANIES ALTER FY FORECASTS.
Descente has raised its consolidated revenueprojection to ¥81.30 billion (US$780.0 mm) for the year ended Mar. 31, versusthe old projection of ¥78.50 billion. The projection for net income of ¥2.00billion ($19.2 mm) remains unchanged.
For the parent company only, Asics is now projectingrevenues of ¥74.70 billion ($716.7 mm) and net income of ¥4.10 billion ($39.3mm). Prior projections were for sales ... Log in to view full article.