Ceramic Industry News

Kyocera Bucks Tech Downtrend With Profit Upgrade

March 1, 2001
/ Print / Reprints /
ShareMore
/ Text Size+
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 billion yen.

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

In-Depth Features

These articles detail innovative advanced ceramic and glass materials and technologies.

Podcasts

Sapphire: An Extreme Performer

Ian Doggett of Goodfellow and CI Editor Susan Sutton discuss the benefits and opportunities provided by industrial sapphire.

More Podcasts

THE MAGAZINE

Ceramic Industry Magazine

CI April 2014 cover

2014 April

Our April issue features details on advanced materials such as ceramic matrix composites and piezoelectric ceramics, among many others. Be sure to check it out!

Table Of Contents Subscribe

THE CERAMIC INDUSTRY STORE

M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

Directories

CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!

STAY CONNECTED

facebook_40px twitter_40px  youtube_40pxlinkedin_40