Ceramic Industry News

Kyocera Forecasts Modest Profit Pullback

May 23, 2001
/ Print / Reprints /
/ Text Size+
High-tech components maker Kyocera Corp. recently forecast a modest 18% pullback in group operating profit this business year after a surge last year, reflecting weak demand for cell phones and other info-tech goods. The company's forecast, more bullish than several analysts' projections recently, called for operating profit of 170 billion yen ($1.38 billion) after last year's 124.8% rise to 207.2 billion yen. A number of analysts had expected a 2001/02 target of 135-165 billion yen. For the current business year, Kyocera said it plans to boost profitability by expanding production in China and increasing sales of fine ceramic and semiconductor components for optic-fibre communications. The company, whose core strength is in ceramic components, said last year's earnings were boosted by brisk sales of fine ceramics for mobile phones and optic-fibre communications. It added that, despite a slump in demand in the computer and communications sectors in the latter part of the second half, full-year sales of electronic devices, including capacitors made by Kyocera and U.S. subsidiary AVX Corp, far exceeded the previous year's levels.

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

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



Image Galleries

April 2014 Issue Highlights

Our April 2014 issue is now available!


Sapphire: An Extreme Performer

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

More Podcasts

Ceramic Industry Magazine

CI July 2014

2014 July

Our annual Data Book & Buyers' Guide is your best resource for suppliers of materials and equipment for the ceramic, glass, brick and related industries. Check it out!

Table Of Contents Subscribe


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.


CI Data Book July 2012

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


facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px