8/1/2009
NEWS BRIEFS
Japan Power Fastening Sales Down

Japan Power Fastening Co. reported sales slipped 16% to 3.86 billion yen (US$40.8m) during the first half of 2009, down 74 million yen from its projected forecast.

Operating profit for the industrial fastener manufacturer fell to a loss of 350 million yen (US$3.7m), while net income declined to a 510 million yen loss (US$5.4m). ©2009 GlobalFastenerNews.com