Key Developments: Daiwa House Industry Co Ltd (1925.T)
1,881JPY
19 Jun 2013
¥29 (+1.57%)
¥1,852
¥1,872
¥1,892
¥1,853
2,069,000
3,536,484
¥2,330
¥1,031
Latest Key Developments (Source: Significant Developments)
DAIYOSHI TRUST CO Ltd Announces Outcome of Takeover Bid Launched by Daiwa House Industry Co Ltd
DAIYOSHI TRUST CO Ltd announced that Daiwa House Industry Co Ltd has acquired 2,542,300 shares of DAIYOSHI TRUST CO Ltd. at the price of JPY 1,066 per share, during the period from April 17, 2013 to June 3, 2013. The payment will be conducted on June 7, 2013. As a result, Daiwa House Industry Co Ltd will become the top shareholder of DAIYOSHI TRUST CO Ltd, holding 94.09% voting rights, up from 0%. The former top shareholder, an individual, will no longer hold any voting right of DAIYOSHI TRUST CO Ltd, down from 61.03%. Full Article
Daiwa House Industry Co Ltd Issues Mid-term and Year-end Dividend Forecasts for FY 2014
Daiwa House Industry Co Ltd announced that it has issued its mid-term dividend forecast of JPY 19.00 per share and year-end dividend forecast of JPY 19.00 per share, for the fiscal year ending March 2014. Full Article
Daiwa House Industry Co Ltd to Pay Year-end Dividend for FY 2013
Daiwa House Industry Co Ltd announced that it will pay a year-end dividend of JPY 35.00 per share (JPY 20,253 million in total), above the latest dividend forecast of JPY 30.00 per share, to all the shareholders as a record of March 31, 2013, effective June 28, 2013. Full Article
Daiwa House Industry Co Ltd Expects Extraordinary Profit and Loss for FY 2013
Daiwa House Industry Co Ltd announced that it is expecting an extraordinary profit of JPY 31.3 billion, due to the change of retirement benefits system, and an extraordinary loss of JPY 45.2 billion, due to change of discount ratio, for the fiscal year ended March 31, 2013. Full Article
Daiwa House Industry Co Ltd to Launch Takeover Bid for Shares of DAIYOSHI TRUST CO Ltd
Daiwa House Industry Co Ltd announced that it has decided to launch a takeover bid for shares of DAIYOSHI TRUST CO Ltd. Daiwa House Industry intends to acquire 2,702,100 shares or at least 1,649,100 shares in DAIYOSHI TRUST, for JPY 1,066 per share (JPY 2,880 million in total for 2,702,100 shares), during the period from April 17, 2013 to June 3, 2013. If Daiwa House Industry acquires as many as 2,702,100 shares, it will hold a 100% stake in DAIYOSHI TRUST. Full Article
COSMOS INITIA Co Ltd Announces Business and Capital Alliance with Daiwa House Industry Co Ltd
COSMOS INITIA Co Ltd announced that it has decided to form a business and capital alliance with Daiwa House Industry Co Ltd. Through the business alliance, the two companies will work together on the new building apartment development business and second-hand apartment agent and reform business, among others. Through the capita alliance, COSMOS INITIA will issue 19,387,800 new shares of its common stock for JPY 490 per share to Daiwa House Industry through a private placement, effective June 27, 2013. As a result, Daiwa House Industry will become the parent company of COSMOS INITIA with 64.17% voting rights, up from 2.50%. Full Article
R&I Affirms DAIWA HOUSE INDUSTRY CO., LTD.'s Rating at "AA-"; Rating Outlook Stable
Rating and Investment Information, Inc. (R&I) announced that it has affirmed the rating on DAIWA HOUSE INDUSTRY CO., LTD. at "AA-". The rating outlook is stable. Full Article
Daiwa House Industry Co Ltd Got Approval From China Antitrust Authorities To Buy Fujita Shares-DJ
Dow Jones reported that Daiwa House Industry Co Ltd has secured approval from the Chinese anti-trust authorities on its planned acquisition of Fujita Corp., enabling the transaction to take place about a month later than initially planned. In August, Daiwa House said it would acquire Fujita for Y50 billion ($595 million), aiming to capitalize on the Tokyo-based general contractor's track record in North America and Southeast Asia. The Company decided last month to push back the transaction due to an inability to get approval from China by the scheduled date of December 20. Full Article
Daiwa House Industry Co Ltd Changes Schedule of Acquisition of Fujita Corporation
Daiwa House Industry Co Ltd announced that it has decided to change the effective date of the acquisition of Fujita Corporation, which was planned to take effective on December 20, 2012. The new effective date is not decided. Full Article
Daiwa House Industry Co Ltd to Issue Corporate Bonds
Daiwa House Industry Co Ltd announced that it will issue a JPY 10 billion second series unsecured corporate bonds, each with a face value of JPY 100 million, effective November 2, 2012. The details regarding the bond issue are as follows: maturity on December 20, 2016, issue price at JPY 100 per face value of JPY 100, interest rate 0.249%. SMBC Nikko Securities Inc., Mizuho Securities Co., Ltd., Daiwa Securities Co. Ltd., Nomura Securities Co., Ltd. and Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. will act as underwriters in the offering. Full Article
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