Boeing battery maker sees no 787 impact on earnings
Kyoto, Japan (Reuters) - GS Yuasa Corp (6674.T), which makes batteries for the Boeing Co (BA.N) Dreamliner, said on Tuesday its earnings would not be impacted by the grounding of the 787 passenger jets, nor did it see any reputational impact on its other lithium-ion batteries.
The Kyoto-based company maintained its operating profit forecast of 10 billion yen for the year to end-March.
All Boeing's 787s are out of action as investigators in Japan and the United States try to find the cause of two incidents with the plane's lithium-ion batteries - a battery fire on a Japan Airlines (9201.T) 787 at a U.S. airport and an emergency landing on a domestic All Nippon Airways flight after battery problems triggered a smoke alarm.
(Reporting by Mari Saito; Editing by Ian Geoghegan)
- Tweet this
- Share this
- Digg this
- Preview: Basel fans baffled by new coach Sousa's switches
- Obama, Modi vow to boost strategic ties, create model for world
- Preview: Arsenal must now beat Galatasaray, says Cazorla
- China censors try to blunt Hong Kong protests, don't always succeed
- Police arrest 140 for religious clashes in Vadodara as Modi tours U.S.
Prime Minister Narendra Modi must not give in to U.S. pressure to change intellectual property laws which allow India to produce generic medicines poor people can afford, the medical charity Doctors Without Borders (MSF) said. Full Article | Full Coverage
China final HSBC PMI steady in September on stronger global demand but risks remain Full Article