Mitsubishi, Nippon move full-year forecasts in different directions

Japan's Mitsubishi Materials has turned down its earnings forecast, citing a worsening business environment, while Nippon Mining and Metal has raised its revenue forecast. Mitsubishi Materials expects to post a ¥60 billion ($665 million) net loss versus its earlier estimate of ¥50 billion while sales revenues are now projected at ¥1.05 trillion, down slightly from an earlier...

This is a preview of the article. The full article is available only to our subscribers and trial users.

Not registered AMM.COM user yet?

Subscribe today!

Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.

Subscribe Try
Sign up for the AMM Daily Alert
http://www.steinertus.com/
http://files.amm.com/STO_TRIAL/STO_02-22-10_ES.pdf