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Kuraray Announces New Business Plan

5:07 AM MDT | April 5, 2012 | Deepti Ramesh

Kuraray has launched a new business plan for the period April 1, 2012 to March 31, 2015. Kuraray aims to record sales of ¥550 billion ($6.7 billion) and operating profits of ¥85 billion in the fiscal year ending March 31, 2015. Kuraray expects to report sales of ¥372 billion and operating profits of ¥57 billion in the fiscal year ended March 31, 2012. To implement the business expansion plan, Kuraray plans to invest about ¥240 billion during the next three years, and more than 70% of this capital expenditure will be used for increasing...

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