Asahi Glass releases Q3 earning results

Emerginvest
February 5, 2010
COMMERCIAL, RETAIL, AUTO, FABRICATION

Asahi Glass just released its Q3 earning results yesterday [Feb. 4]. It is always difficult to judge if the performance was strong because Japanese companies do not give guidance for Q1 and Q3. However, the company has announced an upward revision to FY12/09 full year guidance, which implies Q4 sales of JPY328bn. The new Q4 sales expectations are not that impressive, which implies a strong performance in Q3, according to a Feb. 5 Emerginvest report.



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