Kayaba Industry Company Reports Earnings Results for the First Quarter of Fiscal Year 2018; Revises Earnings Guidance for the Year Ending March 31, 2018
The company revised earnings guidance for the year ending March 31, 2018. For the year ending March 31, 2018, the company now expects net sales of JPY 374 billion, up from an earlier forecast of JPY 355 billion. Operating income is expected to reach JPY 20 billion, up from a previously forecast JPY 15.6 billion and net income is seen at JPY 13.3 billion, compared with a previous projection of JPY 9.3 billion.