JAPAN: Aisin Seiki posts 241.5% growth in H1 net income
Aisin Seiki net income in the first half of fiscal 2012/3 soared 241.5% to JPY41.2bn (US$517m). Operating income rose 229.8% to JPY84.5bn and sales of JPY1,291bn compared to JPY1,016bn a year ago.
The supplier now expects full year net income to increase 15.3% to JPY64bn. Operating income is expected to grow 11.5% to JPY144bn on sales forecast to increase 8.5% to JPY2,500bn.