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JAPAN'S FANUC REVISES UP INTERIM GROUP EARNINGS FORECAST.
TOKYO, Aug 1 Asia Pulse - Fanuc Ltd. (TSE:6954) said Wednesday that it expects a consolidated operating profit of 26.8 billion yen (US$223.57 million) for the fiscal half through Sept. 30, down 13 per cent on the year but above the 17.2 billion yen forecast to date.
Sales at its factory automation and robotics divisions are on the rise, partly because of a revival in capital spending in the information technology sector.
The firm forecasts group sales of 102.8 billion yen, down 14 per cent on the year but 13.6 ...
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Source: HighBeam Research, JAPAN'S FANUC REVISES UP INTERIM GROUP EARNINGS FORECAST.