Globeride, the Japanese fishing tackle specialist previously called Daiwa Seiko, is raising its outlook for the financial year ending March 31. Prospects for the year's revenues have improved by 2 percentage points to 56.50 billion yen (€499m-$737m). At ¥1.2 billion (€10.6m-$15.7m), net income should come out 36 percent better than previously projected.

Topics