- Raised its FY forecast for operating profit by 2.8% to JPY 147.5bln vs Exp. JPY 142.5bln.
- Co. is to cut product lineup 20% by FY15.
- Co. is to move facilities to its TV assembly plant in China's Shandong province. Co. is to liquidate its Shanghai plant by March.
- Co. is to unveil all new Lexus IS model at the Detroit auto show.
- Plans to raise as much as JPY 16.5bln from public share sale and raises operating profit and sales forecasts.
- Raised to buy at Bank of America.
- Maintained at a buy rating at Bank of America and added to their Japanese focus 1 list.
Print 23:34, 10 Jan 2013 - Asian News - Source: Nikan Kogyo/Nikkei
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