Sagami Rubber Industries Upwardly Revises Fiscal 2016 Projections

Sagami Rubber Industries Co. Ltd. (TYO:5194) announced an upward revision in projections for the fiscal year ending March 2017. Sagami Rubber Industries has upwardly revised sales to 5.6 billion yen ($49.46 million), up 7.7 percent compared to the previous forecast of 5.2 billion yen. Operating income is now projected at 1.3 billion yen, 95.7 percent above the previously forecasted 0.8…

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