Boeing battery maker sees no 787 impact on earnings

Kyoto, Japan Tue Feb 5, 2013 1:41pm IST

A logo of GS Yuasa Corp. is seen atop the company's Tokyo office January 9, 2013. REUTERS/Issei Kato/Files

A logo of GS Yuasa Corp. is seen atop the company's Tokyo office January 9, 2013.

Credit: Reuters/Issei Kato/Files

Related Topics

Stocks

   

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)

FILED UNDER:
  • Most Popular
  • Most Shared

DEFENCE

REUTERS SHOWCASE

Canonisation

Canonisation

Pope declares sainthood of two Indians, four Italians.  Full Article 

Stake Sale Strike

Stake Sale Strike

Coal India trade unions call off strike in victory for Modi.  Full Article 

Markets Weekahead

Markets Weekahead

Ride the bull with a finger on the ejector button.  Full Article 

Arms Purchase

Arms Purchase

India approves $2.6 bln mounted gun purchase - official.  Full Article 

Interview with Bulgari CEO

Interview: Bulgari CEO

Bulgari CEO: we shouldn’t have left India so we’re back  Full Article 

Formula One

Formula One

Hamilton takes second F1 title in style.  Full Article 

Available For Remake

Available For Remake

Bollywood finally wants to pay the price for remakes  Full Article 

Davis Cup

Davis Cup

Vintage Federer seals first Davis Cup for Switzerland.  Full Article 

Movie Review

Movie Review

"Happy Ending" is old wine in an older bottle  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage