NSK Announces Revision of Business Forecast for FY ending March 2006(pic)
3. Reasons for Revision
Forecast for the first half of FY 2005 has been revised due in large part to a ¥2.5 billion extraordinary gain on sale of cross-held investment securities. At the same time, we are expecting a one-time ¥1.8 billion restructuring expense from our North American operations. These two main offsetting factors are the reasons we have made no revisions to mid-term and full year (ending March 31, 2006) consolidated net income.
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.
Next INA and FAG Beware the dangers of bogus bearings
BRIEF INTRODUCTION
Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.
Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.
China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.
