Kyocera Corp. recently bucked the trend among Japan's big electronics
makers for profit warnings by boosting its earnings outlook for the
year to March. The company, which specializes in fine ceramics and
ceramic packages for chips, raised its consolidated operating profit
forecast for the year to March 31 to 213 billion yen ($1.84 billion)
on sales of 1.29 trillion yen. It had previously forecast profit of
205 billion yen and sales of 1.28 trillion yen. Kyocera said sales of
fine ceramics for optic fiber networks had exceeded expectations,
while weakness in the yen against the dollar and the euro had
bolstered the yen value of overseas income. The company also sharply
raised its forecasts for consolidated pretax and net profit,
reflecting an increase in net assets at telecoms affiliate DDI Corp.
after it merged on October 1 with two other carriers. Its group net
forecast was raised to 215 billion yen from 115 billion yen, while
the pretax profit estimate was boosted to 400 billion yen from 217
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