Earnings Surpass Company Estimates; Conservative Forecast for the Year Ahead
Stanley Electric Co Ltd (6923 JP) reported on Thursday that it generated revenue of JPY442bn (+13.8% YoY) and OP of JPY53bn (+25.7% YoY) as of...
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Mazda's FY18 Profits Predicted to Be 18% Below Consensus, Yet the Stock Is Up
The Nikkei Shimbun published a preview of Mazda's FY3/19 operating profit forecasts, which it expects to be Y110bn (-26% YoY). This is 18% below...
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NTN's FY2018 Forecast Likely to Be Muted; Plays First-Mover Card with In-Wheel Motors for EVs
Ntn Corp (6472 JP) is a leading manufacturer of precision mechanical parts and components, especially hub bearings for which the company is a...
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March 2018 US Automotive Sales: Recovery with the Truck Segment Rally
US SAAR for March 2018 came in at 17.48 mil vs. 16.8 million for March 2017 and 17.08 million for February 2018While the light truck segment...
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GHG Emissions Standards Will Be Eased in the US
The Environmental Protection Agency (EPA) has decided to ease current vehicle emissions standards (Green House Gas regulation). The GHG regulation...
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