Kyocera Q2 Profit Rises; Lifts FY Outlook

(RTTNews) - Kyocera Corp. (KYO), a developer of products for the information and communications market, reported that its net income attributable to shareholders for the second-quarter rose to 26.41 billion yen from last year's 18.70 billion yen.

Net sales grew to 393.18 billion yen from 333.26 billion yen last year.

For year ending March 31, 2018, the company now expects net income attributable to shareholders to be 119 billion yen or 323.62 yen per share, and net sales of 1.56 trillion yen. The company said in May 2017 that it expected net income attributable to shareholders to be 105.00 billion yen or 285.55 yen per share, and net sales of 1.50 trillion yen for year ending March 31, 2018.