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Japan Drilling Co Ltd (1606.T)

1606.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Japan Drilling lowers consolidated full-year outlook for FY 2016
Tuesday, 26 Apr 2016 02:00am EDT 

Japan Drilling Co Ltd:Says the company lowered the consolidated full-year outlook for the FY ended March 2016.Revenue forecast decreased to 36,227 million yen from 37,403 million yen.Operating profit forecast decreased to a loss of 2,598 million yen from a loss of 2,104 million yen.Ordinary profit forecast decreased to a loss of 3,190 million yen from a loss of 2,535 million yen.Net profit forecast decreased to a loss of 7,017 million yen from a loss of 2,084 million yen.Earnings per share decreased to a loss of 389.89 yen from a loss of 115.80 yen.Comments that intensified competition for orders, delay of compensation, demolished deferred tax assets are the main reasons for the forecast.  Full Article

Japan Drilling lowers consolidated full-year outlook for FY 2016
Thursday, 5 Nov 2015 01:00am EST 

Japan Drilling Co Ltd:Says the company lowered the consolidated full-year outlook for the FY ending March 2016.Revenue forecast decreased to 37,403 million yen from 40,322 million yen.Operating profit forecast decreased to a loss of 2,104 million yen from 51 million yen.Ordinary profit forecast decreased to a loss of 2,535 million yen from a loss of 91 million yen.Net profit forecast decreased to a loss of 2,084 million yen from a loss of 355 million yen.Earnings per share decreased to a loss of 115.80 yen from a loss of 19.74 yen.FY 2016 revenues of 33.40 billion yen, net income of -0.50 billion yen – Thomson Reuters I/B/E/S.Comments that termination of contract and impact of crude oil price are the main reasons for the forecast.  Full Article

Japan Drilling raises consolidated mid-year outlook and lowers consolidated full-year outlook for FY 2016
Thursday, 6 Aug 2015 02:00am EDT 

Japan Drilling Co Ltd:Says the company raised the consolidated mid-year outlook for the FY ending March 2016.Revenue forecast increased to 28,042 million yen from 25,630 million yen.Operating profit forecast increased to 3,838 million yen from 2,639 million yen.Ordinary profit forecast increased to 3,932 million yen from 2,396 million yen.Net profit forecast increased to 2,589 million yen from 1,586 million yen.Earnings per share forecast increased to 143.87 yen from 88.17 yen.Says the company lowered the consolidated full-year outlook for the FY ending March 2016.Revenue forecast decreased to 40,322 million yen from 40,507 million yen.Operating profit forecast decreased to 51 million yen from 899 million yen.Ordinary profit forecast decreased to a loss of 91 million yen from 436 million yen.Net profit forecast decreased to a loss of 355 million yen from 169 million yen.Earnings per share decreased to a loss of 19.74 yen from 9.42 yen.FY 2016 revenues of 38.70 billion yen, net income of 0.20 billion yen – Thomson Reuters I/B/E/S.  Full Article

Japan Drilling announces new drilling contract
Tuesday, 24 Feb 2015 09:30pm EST 

Japan Drilling Co Ltd:Says signed new drilling contract with Dana Gas Exploration FZE that based in United Arab Emirates on Feb. 24, by using "SAGADRIL-2".Contract with term of 70 days and the operation planned will commence between March 19 and April 19.  Full Article

Japan Drilling revises consolidated full-year outlook for FY 2015
Thursday, 5 Feb 2015 01:00am EST 

Japan Drilling Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 34,175 million yen from 35,626 million yen for FY ending March 2015.Operating profit forecast increased to 261 million yen from 252 million yen.Ordinary profit forecast increased to 2,514 million yen from 1,131 million yen.Net profit forecast increased to 1,902 million yen from 979 million yen.Earnings per share increased to 105.67 yen from 54.39 yen.Comments the delay of commercial excavation, increased income, depreciation of yen and costs reduction are the main reasons for the forecast.  Full Article

Japan Drilling Co Ltd lowers consolidated full-year outlook for FY 2015
Thursday, 6 Nov 2014 01:00am EST 

Japan Drilling Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 35,626 million yen from 38,020 million yen for FY ending March 2015.Sees a decrease of operating profit forecast to 252 million yen from 1,135 million yen.Sees a decrease of ordinary profit forecast to 1,131 million yen from 1,752 million yen.Sees a decrease of net profit forecast to 979 million yen from 1,363 million yen.Sees a decrease of earnings per share to 54.39 yen from 75.71 yen.Comments the delay of excavation project and assumed exchange rate are the main reasons for the forecast.  Full Article

Japan Drilling Co Ltd signs drilling contract
Tuesday, 21 Oct 2014 10:30pm EDT 

Japan Drilling Co Ltd:Signed a drilling contract with Bunduq Company Limited on Oct. 20.  Full Article

Japan Drilling Co Ltd set up new subsidiary in Saudi Arabia
Thursday, 11 Sep 2014 05:15am EDT 

Japan Drilling Co Ltd:Established a subsidiary Japan Drilling Saudi Arabia Company, which is engaged in oil and natural gas exploration, development and other drilling services in Saudi Arabia, on Sep. 8.Says the company is holding 80 pct stake and its subsidiary Japan Drilling (Netherlands) B.V. is holding 20 pct stake in the new subsidiary.Establishment plan disclosed on Feb. 6.  Full Article