Key Developments: Kuraray Co Ltd (3405.T)

3405.T on Tokyo Stock Exchange

1,488JPY
30 Jan 2015
Change (% chg)

¥2 (+0.13%)
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¥1,486
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Latest Key Developments (Source: Significant Developments)

Kuraray Co Ltd amends consolidated full-year outlook for FY 2014
Tuesday, 23 Dec 2014 09:00pm EST 

Kuraray Co Ltd:Says the company amended the consolidated full-year outlook for the FY ending Dec. 2014.Confirmed the revenue at 415,000 million yen.Operating profit forecast decreased to 41,000 million yen from 44,000 million yen.Ordinary profit forecast decreased to 40,000 million yen from 43,000 million yen.Net profit forecast decreased to 21,000 million yen from 26,000 million yen.Earnings per share decreased to 59.92 yen from 74.19 yen.Comments that increased goodwill amortization cost and loss on selling asset are the main reasons for the forecast.  Full Article

Kuraray Co Ltd changes president and chairman
Thursday, 27 Nov 2014 01:00am EST 

Kuraray Co Ltd:Appoints Masaaki Ito as president to succeed Fumio Ito.Appoints Fumio Ito as chairman of the board.Effective Jan. 1, 2015.  Full Article

Kuraray Co Ltd to transfer business to GVC S.A.
Friday, 17 Oct 2014 03:00am EDT 

Kuraray Co Ltd:To transfer Germany Uentoroppu factory and business involved in the PVB sheet product of Belgium Mechelen R&D Center to GVC S.A. with amount of 12 million euros in Jan. 2015.  Full Article

R&I affirms Kuraray Co Ltd's rating at "A+" and announces stable outlook
Tuesday, 5 Aug 2014 02:00am EDT 

Kuraray Co Ltd:Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A+".Rating outlook stable.  Full Article

Kuraray Co Ltd completes acquire business from E. I. du Pont de Nemours and Co.
Sunday, 1 Jun 2014 07:30pm EDT 

Kuraray Co Ltd:Completed acquire the vinyl acetate manufacturing and sale business from E. I. du Pont de Nemours and Co. on June 1.Plan disclosed on Nov. 21, 2013.  Full Article

Kuraray to change fiscal year end date and gives mid-year and full-year consolidated outlook for FY 2014; issues mid-term and year-end dividend forecasts for FY 2014
Thursday, 24 Apr 2014 10:00pm EDT 

Kuraray Co Ltd:To change fiscal year end date to Dec. 31 every year from March 31 every year, from June 20.Mid-year consolidated revenue outlook of 220,000 mln yen, for fiscal year ending Dec. 31, 2014.Mid-year operating profit outlook of 26,000 mln yen.Mid-year ordinary profit outlook of 26,000 mln yen.Mid-year net profit outlook of 16,000 mln yen.Full-year consolidated revenue outlook of 385,000 mln yen.Full-year operating profit outlook of 44,000 mln yen.Full-year ordinary profit outlook of 43,000 mln yen.Full-year net profit outlook of 26,000 mln yen.Sees mid-term dividend of 18 yen per share and year-end dividend of 9 yen per share, for the same fiscal year.  Full Article

Kuraray Co Ltd to Acquire Vinyl Acetate Business from E. I. du Pont de Nemours and Co
Thursday, 21 Nov 2013 08:00am EST 

Kuraray Co Ltd announced that it has signed an acquisition agreement on November 21, 2013, with E. I. du Pont de Nemours and Co, to acquire the vinyl acetate manufacturing and sale business from E. I. du Pont de Nemours and Co. The transaction is expected to be completed in the first half of year 2014. The financial terms are not determined.  Full Article

Kuraray Co Ltd Enters Alliance with Vitriflex Inc.- Asahi Shimbun
Monday, 28 Oct 2013 08:00pm EDT 

Asahi Shimbun reported that Kuraray Co Ltd has entered a strategic alliance with California-based Vitriflex Inc., developer of transparent ultra-barrier films.  Full Article

R&I Affirms Kuraray Co Ltd's Rating at "A+"; Rating Outlook Stable
Wednesday, 4 Sep 2013 02:00am EDT 

Rating and Investment Information, Inc. (R&I) announced that it has affirmed the rating on Kuraray Co Ltd at "A+". The rating outlook is stable.  Full Article

Kuraray Co Ltd to Take Over Business from Subsidiary
Wednesday, 24 Apr 2013 10:00pm EDT 

Kuraray Co Ltd announced that it will take over EVAL file-related business from its wholly owned subsidiary kuraray trading Co.,Ltd., effective June 1, 2013.  Full Article

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