Japan
Mobile Wireless
- Hikari Tsushin Inc. said that group pretax profit totaled 2 billion $17 million in the three months ended June 30. The mobile phone and office equipment marketing operations grew, and margins improved as well. Consolidated sales came to 39.5 billion $335.9 million, 26 per cent of the full-year sales forecast. Sales of mobile phones rose 26 per cent on the year to 315,000 units. Operating profit totaled 4.1 billion $34.9 million. The operating profit margin improved by 2 percentage points from three months earlier to 10.4 per cent due to increased sales of cellular phones and restructuring steps like closing unprofitable locations.
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