UPDATE 2-Pioneer sees operating margin rise to 7% in 04/05

Newswire

(Adds more information from briefing) TOKYO, Nov 26 (Reuters) - Japan's Pioneer Corp said on Wednesday it expects a double-digit rise in revenues next business year, with an operating profit margin of seven percent, thanks to overseas growth in sales of DVD recorders and plasma display televisions. Pioneer President Kaneo Ito told a news conference he expects the operating margin to rise from an estimated six percent in the current business year to March. "We have a lot of products ...

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