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Suntory Beverage & Food Ltd (2587.T)

2587.T on Tokyo Stock Exchange

4,800JPY
2:00am EDT
Change (% chg)

¥110 (+2.35%)
Prev Close
¥4,690
Open
¥4,760
Day's High
¥4,800
Day's Low
¥4,735
Volume
555,900
Avg. Vol
442,679
52-wk High
¥5,380
52-wk Low
¥4,010

Latest Key Developments (Source: Significant Developments)

Asahi Group to spend over 10 bln yen to expand a plant, build logistics center-Nikkei
Wednesday, 8 Feb 2017 04:01pm EST 

Nikkei- : Asahi Group to spend more than 10 billion yen to expand a group plant and build a logistics center near Gunma prefecture-Nikkei . Asahi Group's third production line to boost output capacity by 15 percent to 30 million cases a year - Nikkei .Asahi's rival Suntory Beverage & Food plans to invest around 3.8 billion yen to revamp factory in Kumamoto prefecture damaged by an earthquake-Nikkei.  Full Article

Glaxosmithkline Consumer Nigeria accepts binding offer from Suntory Beverage and Food
Wednesday, 1 Jun 2016 08:50am EDT 

Glaxosmithkline Consumer Nigeria Plc : Accepted binding offer from Suntory Beverage and Food Ltd .Offer for the divestment of its drinks bottling and distribution business.  Full Article

Suntory Beverage & Food to issue year-end dividend for FY 2015
Friday, 12 Feb 2016 01:00am EST 

Suntory Beverage & Food Ltd:To issue a year-end dividend of 35 yen per share, for the FY ended Dec. 2015.Dividend issued to shareholders of record as of Dec. 31.Dividend payment date March 31.Says the dividend amount is above the latest forecast of 33 yen per share.  Full Article

Suntory Beverage & Food announces change of president
Thursday, 10 Dec 2015 02:00am EST 

Suntory Beverage & Food Ltd:Appoints Saburo Kogo as president to replace Nobuhiro Torii.Says effective date to be decided in late March 2016.  Full Article

Suntory Beverage & Food to set up wholly owned subsidiary
Thursday, 10 Dec 2015 02:00am EST 

Suntory Beverage & Food Ltd:To set up a wholly owned subsidiary in Tokyo.Says subsidiary Suntory Foods Limited to transfer vending machine business, fountain business, water business (general beverage service provider business) to the new subsidiary planned on April 1, 2016.  Full Article

Suntory Beverage & Food to adopt International Financial Reporting Standards
Wednesday, 4 Nov 2015 01:00am EST 

Suntory Beverage & Food Ltd:Says to apply International Financial Reporting Standards (IFRS) as the new accounting method, to replace the current Japanese Accounting Standards.IFRS effective from financial report for Q4 of FY ending Dec. 2017.  Full Article

Japan Tobacco to transfer stake in subsidiaries and to sell brands to Suntory Beverage & Food
Tuesday, 7 Jul 2015 02:00am EDT 

Japan Tobacco Inc:To transfer 70.5 pct stake in Japan Tobacco's subsidiary JB, 100 pct stake in JTA and 49.7 holding stake in JT, and to sell two brands to Suntory Beverage & Food Ltd, at the price of 150 bln yen, on July 31.  Full Article

Japan Tobacco to transfer stake to Suntory Beverage & Food
Monday, 25 May 2015 03:40am EDT 

Japan Tobacco Inc:To transfer stake in companies engaged in drink vending machines operator business, to Suntory Beverage & Food.To transfer 70.5 pct stake in JT to Suntory Beverage & Food.To transfer entire 100 pct stake in JTA to Suntory Beverage & Food.To transfer entire 49.7 stake in a company to Suntory Beverage & Food.To transfer two drink brands to Suntory Beverage & Food.To sign transaction agreement in July.Total price of about 150,000 mln yen.  Full Article

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