After gloomy reports earlier in the year, the company continues to be pessimistic, complaining of increasing raw materials prices and a growing sense of global economic slowdown.
In some areas the picture is not so bleak. Overseas sales grew 119% percent year-on-year, but domestic sales, and sales of aerial work platforms fell.
The company predicts a full-year forecast of JPY180bn ($1.67bn) at 31 March 2009.
