Sanden Reports Earnings Results for the Six Months of Fiscal 2018; Revises Earnings Guidance for the Full Year Ending March 31, 2018
The company revised earnings guidance for the full year ending March 31, 2018. The company expects net income to reach JPY 4.5 billion, up from a previous forecast of JPY 2 billion. Operating income is forecast at JPY 7 billion, up from a previous estimate of JPY 5 billion. However, the company has not changed its sales forecast and still expects full-year net sales of JPY 285 billion, up 1.0% year-on-year.