Sales decline at Japan's DIC on global slowdown

摘要

JAPAN Japanese inks manufacturer DIC reported a 7.7% fall in sales and an 8.7% decline in net income during the 2012 fiscal first-half. The company blamed the global economic slowdown, provoked by the European sovereign debt crisis, and flagging economic growth in Asia for lowering domestic and overseas demand. The appreciation of the Japanese yen was also a factor.