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Japan: Aisin Seiki’s margins set to decline sharply

Aisin Seiki has reported revenue of ¥562.6bn (US$6.9bn) in the three months ended 31 December 2010, a year-on-year decline of 1.7% from the ¥572.2bn reported in the last quarter of 2009. Operating income fell 17.2% to ¥38.2bn (¥46.2bn), lowering the margin in the latest quarter to 6.8% from 8.1%. The company's It’s time to log … Continued

Aisin Seiki has reported revenue of ¥562.6bn (US$6.9bn) in the three months ended 31 December 2010, a year-on-year decline of 1.7% from the ¥572.2bn reported in the last quarter of 2009. Operating income fell 17.2% to ¥38.2bn (¥46.2bn), lowering the margin in the latest quarter to 6.8% from 8.1%.

The company's

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