Edition:
United States

Kandenko Co Ltd (1942.T)

1942.T on Tokyo Stock Exchange

1,063JPY
2 Dec 2016
Change (% chg)

¥-18 (-1.67%)
Prev Close
¥1,081
Open
¥1,073
Day's High
¥1,078
Day's Low
¥1,057
Volume
689,000
Avg. Vol
801,529
52-wk High
¥1,089
52-wk Low
¥685

Latest Key Developments (Source: Significant Developments)

KANDENKO announces conversion price of 2021 due euro-yen denominated convertible bonds with warrants
Monday, 14 Mar 2016 09:25am EDT 

KANDENKO CO LTD:Set the conversion price at 1,159 yen per share for the 2021 due euro-yen denominated convertible bonds with warrants.Says the issue plan was disclosed on March 14.  Full Article

KANDENKO to issue 2021 due euro-yen denominated convertible bonds with subscription warrants
Monday, 14 Mar 2016 03:30am EDT 

KANDENKO CO LTD:To issue 2021 due euro-yen denominated convertible bonds with subscription warrants, worth 20 billion yen.Says issue price at 103.0 pct of par value with coupon rate of 0 pct.Says issue date on March 31 (London time).Nomura International plc will act as main underwriter.Says warrants with the convertibles can be exercised during the period from April 14 to March 17, 2021.Bonds maturity date on March 31, 2021 (London time).Proceeds raised will be used to repay loans and to fulfill working capital and equipment investment.  Full Article

KANDENKO amends consolidated full-year outlook for FY 2016
Monday, 8 Feb 2016 01:00am EST 

KANDENKO CO LTD:Says the company lowered the consolidated full-year outlook for revenue to 455,000 mln yen from 466,000 mln yen for the fiscal year ending March 31, 2016.Operating profit forecast increased to 14,300 mln yen from 12,000 mln yen.Ordinary profit forecast increased to 14,800 mln yen from 12,500 mln yen.Net profit forecast increased to 8,000 mln yen from 7,200 mln yen.Earnings per share increased to 39.16 yen from 35.24 yen.Says profit outlook raised due to increased civil construction investment.FY 2016 revenues of 458.20 billion yen, net income of 8.64 billion yen – Thomson Reuters I/B/E/S.  Full Article

KANDENKO announces shareholding structure change
Monday, 8 Feb 2016 01:00am EST 

KANDENKO CO LTD:Says Tokyo Electric Power Company's Tokyo-based wholly owned subsidiary to up stake in the co to 46.61 pct from 0 pct, and to become the top shareholder of the co.Change effective on April 1.  Full Article

KANDENKO raises consolidated full-year outlook for FY 2016
Friday, 30 Oct 2015 02:00am EDT 

KANDENKO CO LTD:Says the company raised the consolidated full-year outlook for the FY ending March 2016.Revenue forecast with unchanged 466,000 million yen.Operating profit forecast increased to 12,000 million yen from 10,100 million yen.Ordinary profit forecast increased to 12,500 million yen from 10,600 million yen.Net profit forecast increased to 7,200 million yen from 6,100 million yen.Earnings per share forecast increased to 35.24 yen from 29.86 yen.Comments that cost reduction is the main reason for the forecast.  Full Article