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Toa Corp (1885.T)

1885.T on Tokyo Stock Exchange

2,143JPY
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Open
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Volume
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149,802
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¥2,760
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Latest Key Developments (Source: Significant Developments)

R&I's withdraws rating on Toa – R&I
Tuesday, 20 Dec 2016 01:17am EST 

Toa Corp <1885.T>:Rating and Investment Information, Inc.'s withdrew the rating on the company of "BBB-"– R&I.  Full Article

Toa and unit receive business suspension order
Thursday, 17 Nov 2016 02:00am EST 

Toa Corp <1885.T>: Says the co and its Tokyo-based construction unit were ordered by the Ministry of Land, Infrastructure and Transport to suspend business pursuant to the provision of Article 28, paragraph 3 of the Construction Industry Law for engineering with low quality and false report .Says the business of the co will be suspended from Dec. 2 to Dec. 26 and the business of the unit will be suspended from Dec. 2 to Dec. 11.  Full Article

R&I removes Toa Corp from rating monitor and downgrades rating to "BBB-" with stable outlook -R&I
Tuesday, 15 Nov 2016 01:23am EST 

Toa Corp <1885.T> : Rating and Investment Information, Inc. (R&I) removed the company from rating monitor -R&I . R&I downgraded the company's rating to "BBB-", previously "BBB" -R&I .Rating outlook stable -R&I.  Full Article

Toa says construction defect and false report
Monday, 16 May 2016 04:57am EDT 

Toa Corp <1885.T>: Says construction defect and false report that contrary to the specifications, in the construction offered by Kanto Regional Development Bureau , the Ministry of Land, Infrastructure and Transport and the co as representative company of the construction .Says after investigation some other construction work of the co has the same problem.  Full Article

Toa says change of chairman and president
Friday, 13 May 2016 01:57am EDT 

Toa Corp <1885.T>: Says Yukio Suzuki to resign as chairman . Says Masaomi Matsuo to resign as president . Says it appoints Masaki Akiyama as president .Says planned effective on June 1.  Full Article

Toa expects extraordinary loss for FY 2016; revises consolidated full-year outlook for FY 2016; raises year-end dividend forecast for FY 2016
Thursday, 17 Mar 2016 03:00am EDT 

Toa Corp:Says it expects an extraordinary loss of 1.5 billion yen for FY ending March 2016.Says the loss is recorded for impairment loss.Says the company remained the consolidated full-year outlook for revenue at 205,000 million yen for FY ending March 2016.Operating profit forecast increased to 12,700 million yen from 10,000 million yen.Ordinary profit forecast increased to 11,900 million yen from 9,200 million yen.Net profit forecast increased to 6,300 million yen from 5,600 million yen.Earnings per share increased to 30.14 yen from 26.79 yen.Comments the improved profitability and extraordinary loss are the main reasons for the forecast.Raised year-end dividend forecast to 4 yen per share from 3 yen per share for FY ending March 2016.  Full Article

Toa announces change of chairman and president
Monday, 22 Feb 2016 12:00am EST 

Toa Corp:Appoints president Masaomi Matsuo as chairman to replace Yukio Suzuki.Appoints Masaki Aikiyama as president to succeed Masaomi Matsuo.Planned effective in late June.  Full Article

Toa raises consolidated full-year outlook for FY 2016
Wednesday, 11 Nov 2015 02:00am EST 

Toa Corp:Says the company raised the consolidated full-year outlook for the FY ending March 2016.Revenue forecast increased to 205,000 million yen from 200,000 million yen.Operating profit forecast increased to 10,000 million yen from 5,000 million yen.Ordinary profit forecast increased to 9,200 million yen from 4,600 million yen.Net profit forecast increased to 5,600 million yen from 2,200 million yen.Earnings per share forecast increased to 26.79 yen from 10.52 yen.Comments that improvement of profitability is the main reason for the forecast.  Full Article

R&I affirms Toa Corp's rating at "BBB" and stable outlook
Wednesday, 4 Nov 2015 01:00am EST 

Toa Corp:Rating and Investment Information, Inc. (R&I) affirms the company's issuer rating at "BBB".Rating outlook stable.  Full Article

Toa raises consolidated mid-year outlook for FY 2016
Monday, 2 Nov 2015 02:00am EST 

Toa Corp:Says the company raised the consolidated mid-year outlook for the FY ending March 2016.Revenue forecast increased to 98,000 million yen from 85,000 million yen.Operating profit forecast increased to 7,100 million yen from 1,900 million yen.Ordinary profit forecast increased to 6,600 million yen from 1,650 million yen.Net profit forecast increased to 3,900 million yen from 400 million yen.Earnings per share forecast increased to 18.66 yen from 1.91 yen.Comments that increased profitability is the main reason for the forecast.  Full Article

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