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Teijin Ltd (3401.T)

3401.T on Tokyo Stock Exchange

2,159JPY
28 Apr 2017
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Latest Key Developments (Source: Significant Developments)

Teijin to sell US-based home healthcare units
Friday, 28 Apr 2017 03:22am EDT 

April 28 (Reuters) - Teijin Ltd <3401.T> ::* Says it plans to sell 100 percent stake of shares in its two US-based home healthcare units Braden Partners, L.P and Associated Healthcare Systems, Inc, on April 27 (US local time).* Through the sale of units, co will retreat from home healthcare business in U.S..  Full Article

Nativis enters into licensing agreement for Glioblastoma Multiforme in Japan
Tuesday, 4 Apr 2017 08:00am EDT 

Teijin Ltd <3401.T> : Nativis enters into exclusive licensing agreement for Glioblastoma Multiforme in Japan . Under terms of agreement, Teijin will receive an exclusive license to Nativis Voyager System for indication of GBM in Japan . Co to receive an undisclosed upfront payment, payments based on achievement of specific milestones, royalties on sales of product in Japan .Co, Teijin anticipate to continue discussions for potential licensing opportunities of Nativis ULRFE technology for other indications in Japan.  Full Article

Teijin to integrate sales and R& D functions of polyester fibers business into unit
Friday, 2 Dec 2016 12:03am EST 

Teijin Ltd <3401.T>: Says it plans to integrate the functions of sales and R& D in polyester fibers business into its wholly owned unit TEIJIN FRONTIER CO., LTD. .Says the effective date on April 1, 2017.  Full Article

Teijin to acquire DuPont stakes in Japan, Indonesia ventures - Nikkei
Friday, 19 Aug 2016 06:15pm EDT 

Nikkei: Japan's Teijin is set to make two polyester film joint ventures with Dupont into wholly owned subsidiaries - Nikkei .Teijin to acquire Dupont's 40% interest in Teijin Dupont Films Japan, take over Dupont's 49.9% stake in Indonesia Teijin Dupont Films - Nikkei.  Full Article

Teijin adjusts conversion price of 2018 due and 2021 due euro-yen denominated convertible bonds with warrants
Wednesday, 22 Jun 2016 04:50am EDT 

Teijin Ltd <3401.T> : Says the co adjusts the conversion price to 2,069.0 yen per share from 413.8 yen per share for the 2018 due euro-yen denominated convertible bonds with warrants . Says the co adjusts the conversion price to 2,034.0 yen per share from 406.8 yen per share for the 2021 due euro-yen denominated convertible bonds with warrants .Says adjustments with effective date from Oct. 1.  Full Article

Teijin will boost its carbon fiber output capacity by constructing a plant in the U.S. State of South Carolina - Nikkei
Friday, 13 May 2016 01:28pm EDT 

Nikkei: Teijin will boost its carbon fiber output capacity by constructing a plant in the U.S. State of South Carolina - Nikkei . Teijin will invest roughly 30 billion yen to set up a facility capable of churning out up to 3,000 tons of carbon fiber a year - Nikkei . U.S. plant will lift Teijin's carbon fiber output capacity by about 30 pct to 14,500 tons - Nikkei . Teijin plans to acquire site stretching 1.8 million sq. meters by end of june and finalize detailed plant designs by end of fy 2016- nikkei .Teijin's new plant is slated to begin production in the fiscal year ending march 2019 - nikkei.  Full Article

Teijin adjusts conversion price of 2018 due and 2021 due euro-yen denominated convertible bonds with warrants
Friday, 6 May 2016 05:28am EDT 

Teijin Ltd <3401.T> : Says the co adjusts the conversion price to 413.8 yen per share from 417 yen per share for the 2018 due euro-yen denominated convertible bonds with warrants . Says the co adjusts the conversion price to 406.8 yen per share from 410 yen per share for the 2021 due euro-yen denominated convertible bonds with warrants .Says adjustments with effective date from April 1.  Full Article

Teijin raises consolidated full-year outlook for FY 2016
Sunday, 31 Jan 2016 09:30pm EST 

Teijin Ltd:Says the company reaffirmed the consolidated full-year outlook for revenue at 790,000 mln yen for the fiscal year ending March 2016.Operating profit forecast increased to 65,000 mln yen from 58,000 mln yen.Ordinary profit forecast increased to 65,000 mln yen from 58,000 mln yen.Net profit forecast increased to 37,000 mln yen from 34,000 mln yen.Earnings per share increased to 37.64 yen from 34.59 yen.Comments the increased sales in core business and lower raw material price are the main reasons for the forecast.  Full Article

Teijin amends consolidated full-year outlook for FY 2016
Sunday, 1 Nov 2015 09:30pm EST 

Teijin Ltd:Says the company lowered the consolidated full-year outlook for revenue to 790,000 mln yen from 810,000 mln yen for the fiscal year ending March 31, 2016.Operating profit forecast increased to 58,000 mln yen from 53,000 mln yen.Ordinary profit forecast increased to 58,000 mln yen from 53,000 mln yen.Net profit forecast increased to 34,000 mln yen from 30,000 mln yen.Earnings per share increased to 34.59 yen from 30.52 yen.FY 2016 revenues of 812.69 billion yen, net income of 30.04 billion yen – Thomson Reuters I/B/E/S.Says revenue outlook lowered due to the slowdown in domestic consumption and slowdown in the Chinese economy, profit outlook raised due to the decreased raw materials and fuel price and improvement in sale structure.  Full Article

Teijin to issue mid-year dividend and raises year-end dividend forecast for FY 2016
Sunday, 1 Nov 2015 09:30pm EST 

Teijin Ltd:To issue a mid-year dividend of 3 yen per share to all the shareholders of record as of Sep. 30, for the fiscal year ending March 2016.Payment date Dec. 1.Says the dividend amount is in line with the latest forecast.Says it raised the year-end dividend forecast to 4 yen per share from 3 yen per share for the fiscal year ending March 2016.  Full Article

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BRIEF-Teijin to sell US-based home healthcare units

* Says it plans to sell 100 percent stake of shares in its two US-based home healthcare units Braden Partners, L.P and Associated Healthcare Systems, Inc, on April 27 (US local time)