Showa Denko has revised down its forecast for 2012.

Sales are now expected to total JPY750bn (US$9.14bn) versus the earlier forecast of JPY790bn. Operating income is now forecast at JPY32bn (JPY42bn) and net income is seen at JPY10bn (JPY18bn).

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For 2013, the company expects sales of JPY800bn and operating income of JPY35bn on sales of JPY15bn.

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