By  on January 30, 2012

TOKYO — Kao Corp. saw its nine-month net profit slide and cut its full-year earnings forecast, citing a change in tax policy.

Kao said Monday its net income for the nine months ended Dec. 31 fell 3.6 percent on the year to 49.38 billion yen, or $635.1 million at an exchange rate provided by the company. The company blamed the drop on the rising cost of raw materials.

To continue reading this article...

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus