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Kitanihon Spinning Co Ltd (3409.T)

3409.T on Tokyo Stock Exchange

104JPY
22 May 2017
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Latest Key Developments (Source: Significant Developments)

KITANIHON SPINNING signs joint research contract with Japan Advanced Institute of Science and Technology
Wednesday, 20 Apr 2016 03:00am EDT 

KITANIHON SPINNING CO LTD:Signed a joint research contract on analysis of the mechanism of high polymer material and its performance with Japan Advanced Institute of Science and Technology.Joint research term is by March 31, 2017.  Full Article

KITANIHON SPINNING to dissolve unit
Monday, 8 Feb 2016 02:00am EST 

KITANIHON SPINNING CO LTD:To dissolve its Ishikawa-based wholly owned subsidiary which has been engaged in spinning and processing of fiber business.Dissolution procedure starts from Feb. 2016.  Full Article

KITANIHON SPINNING lowers consolidated full-year profit outlook for FY 2016
Friday, 6 Nov 2015 02:00am EST 

KITANIHON SPINNING CO LTD:Says the company reaffirmed the consolidated full-year outlook for revenue at 460 mln yen for the fiscal year ending March 2016.Sees a decrease of operating profit forecast to 20 mln yen from 35 mln yen.Sees a decrease of ordinary profit forecast to 15 mln yen from 30 mln yen.Sees a decrease of net profit forecast to 15 mln yen from 30 mln yen.Sees a decrease of earnings per share to 1.21 yen from 2.43 yen.Comments the decreased sales, increased sale cost and general management cost and in creased raw material cost are the main reasons for the forecast.  Full Article

KITANIHON SPINNING announces new business
Wednesday, 7 Oct 2015 03:00am EDT 

KITANIHON SPINNING CO LTD:To start manufacture and sale business for water purification system and energy saving devices as new business, effective Dec. 18.  Full Article

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