|  | 11/02/2009 |
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Sumitomo Electric to Improve Profitability for F2010
Sumitomo Electric Industries' president Masayoshi Matsumoto said on Friday the firm expects better results in first half of fiscal 2010 starting April 2010 if the market condition keeps current position for second half of fiscal 2009. The operating profit rate on sales will be 4% in second half of fiscal 2009 compared with 3.9% in first half of fiscal 2008 when the demand recovers for automobile and electronics industry while the firm tries to improve the cost structure.
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 | Sumitomo Electric to Improve Profitability for F2010
| | Nippon Oil Corp and Nippon Mining HD Reach Final Merger Agreement
| | Secondary Al Output Decreases by 37.8% for First Half
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