Key Developments: Nippon Manufacturing Service Corp (2162.OS)
65,000JPY
12:12am EDT
¥-3,200 (-4.69%)
¥74,100
¥68,000
¥68,000
¥62,300
841
826
¥85,000
¥30,400
Latest Key Developments (Source: Significant Developments)
Nippon Manufacturing Service Corp Lowers Consolidated Full-year Outlook for FY 2013
Nippon Manufacturing Service Corp announced that it has lowered its consolidated full-year outlook for revenue from JPY 45,000 million to JPY 39,000 million, operating profit from JPY 1,000 million to JPY 420 million, ordinary profit from JPY 1,050 million to JPY 550 million, net profit from JPY 500 million to JPY 240 million and earning per share from JPY 4,627.27 to JPY 2,347.42, for the fiscal year ending March 2013. The Company lowered the outlook due to the decreased sales resulted from the fierce business conditions and the higher yen, among others. Full Article
Nippon Manufacturing Service Corporation to Issue Year-end Dividend for FY 2012
Nippon Manufacturing Service Corporation announced that it has decided to issue a year-end dividend of JPY 400 per share, in line with the latest dividend forecast disclosed on March 15, 2012, to all the shareholders of record as of March 31, 2012, effective June 25, 2012. Full Article
Nippon Manufacturing Service Corporation Raises Year-end Dividend Outlook for FY Ending March 2012
Nippon Manufacturing Service Corporation announced that it has raised its year-end dividend outlook from JPY 300.00 per share, which was announced on February 14, 2012, to JPY 400.00 per share, (JPY 300.00 per share of a common dividend and JPY 100.00 per share of a bonus dividend), for the fiscal year ending March 2012. Full Article
Nippon Manufacturing Service Corporation Amends Consolidated Mid-year Outlook for FY 2012
Nippon Manufacturing Service Corporation announced that it has lowered the consolidated mid-year outlook for revenue from JPY 11,500 million to JPY 11,000 million, ordinary profit from JPY 120 million to JPY 110 million, but has affirmed outlook for operating profit at JPY 150 million, and raised outlook for net profit from JPY 900 million to JPY 1,300 million and earning per share from JPY 9,041.59 to JPY 13,059.68 for the fiscal year ending March 2012. The positive outlook for net profit is mainly due to business recovery from the impact of the earthquake and tsunami. Full Article
Nippon Manufacturing Service Corporation Amends Consolidated Mid-year and Full-year Guidance for FY 2012
Nippon Manufacturing Service Corporation announced that it has reaffirmed the consolidated mid-year forecast for revenue of JPY 11,500 million, operating profit of JPY 150 million, ordinary profit of JPY 120 million and raised the forecast for net profit from JPY 60 million to JPY 900 million and earning per share from JPY 602.77 to JPY 9,041.59 for the fiscal year ending March 31, 2012. The Company has raised the consolidated full-year forecast for revenue from JPY 24,500 million to JPY 35,000 million, operating profit from JPY 650 million to JPY 750 million, ordinary profit from JPY 630 million to JPY 730 million, net profit from JPY 370 million to JPY 1,050 million and earning per share from JPY 3,717.10 to JPY 10,548.52 for the fiscal year ending March 31, 2012. The Company raised the consolidated mid-year outlook for net profit due to expectation of extraordinary profit and raised the consolidated full-year outlook due to acquisition of Japan-based company. Full Article
Nippon Manufacturing Service Corp Raises Consolidated Mid-year Forecast for FY 2012
Nippon Manufacturing Service Corporation announced that it has reaffirmed the consolidated mid-year forecast for revenue of JPY 11,500 million and raised the forecast for operating profit from JPY 65 million to JPY 150 million, ordinary profit from JPY 60 million to JPY 120 million, net profit from JPY 15 million to JPY 60 million and earning per share from JPY 150.69 to JPY 602.77 for the fiscal year ending March 31, 2012. The Company raised the consolidated mid-year outlook for operating profit, ordinary profit and net profit due to recovery from the earthquake disaster. Full Article
Nippon Manufacturing Service Corp Signs Agreement on Company Acquisition; Expects Extraordinary Profit for FY 2012
Nippon Manufacturing Service Corporation announced that it has entered into an agreement to acquire TKR Corp. The Company will acquire 515,243 shares of TKR Corp at the price of JPY 1,648 million in total, effective July 28, 2011. As a result, the Company will hold 53.01% voting rights in TKR. Following this, the Company expects to record approximately JPY 800 million extraordinary profit on the negative goodwill, for the fiscal year ending March 2012. Full Article
Nippon Manufacturing Service Corporation to Acquire Japan-based Companies
Nippon Manufacturing Service Corporation announced that it will acquire TKR Corp, which is engaged in the design and sale of car audio, switch and units in Tokyo, Japan, in July 2011. As a result, TKR will become a subsidiary of the Company, and eight subsidiaries of TKR Corp, including TKR HOLDINGS LIMITED, TKR MANUFACTURING (MALAYSIA) SDN. BHD, TKR PRECISION (MALAYSIA) SDN. BHD. and TKR HONG KONG LIMITED, will become sub-subsidiaries of the Company. Full Article
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