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Rebounded sharply upward revision of Koito Manufacturing year


Koito Manufacturing rebounded sharply. It is up to $ 1445 to buy 90 of the appreciation of the yen (6.6% higher) at the time at 9:30.

After the close on the 29th, the company revised upward earnings forecast for the year ended March 31 now. (Up 7.9% year-on-year) 465 billion yen from 455 billion yen in the planning, sales and operating income was increased (up 10.3% year-on-year) 35 billion yen from 33 billion yen the same art.

Improve productivity significantly increased up to half, and operation of the new plant overseas, such as cost savings have contributed.

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