Fujikura President Okada Naoki (岡田直樹) said the company had raised its earnings forecast twice in a short period following unexpected orders, adding that highly volatile businesses are difficult to forecast.
Fujikura President Okada Naoki (岡田直樹) disclosed that the company had raised its earnings forecast twice in a short period as unexpected orders arrived one after another. He explained that the unexpected nature of the orders had affected the company’s earnings outlook.
He said that forecasting the future is difficult because the business is highly volatile, and indicated that uncertainty is inherent in preparing an outlook.