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Tokuden Co Ltd (3437.T)

3437.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Tokuden to set up JV in China
Monday, 26 Dec 2016 01:36am EST 

Tokuden Co Ltd <3437.T>: Says it to set up a machine manufacturing JV in Nantong, China, with a China-based firm in June, 2017 .Says the JV will be capitalized at 65 million yen and the co to hold 51 percent stake in it.  Full Article

TOKUDEN completes dissolving Tianjin-based subsidiary; expects extraordinary profit for Q3 of FY 2016
Thursday, 28 Jan 2016 01:00am EST 

TOKUDEN CO LTD:Completed dissolving a Tianjin-based wholly owned subsidiary, which is engaged in production and sale of wearproof clad steel, on Jan. 28.Says it expects an extraordinary profit of 111 million yen for the Q3 of FY ending March 2016.Says the profit was recorded for the dissolution of the subsidiary.  Full Article

TOKUDEN to issue mid-year dividend for FY 2016
Friday, 23 Oct 2015 12:00am EDT 

TOKUDEN CO LTD:Resolved to issue mid-year dividend of 3.50 yen per share for the FY ending March 2016.Dividend issued to shareholders of record as of Sep. 30.Dividend payment date Dec. 8.Says the mid-year dividend amount is in line with the latest forecast disclosed on May 19.  Full Article

TOKUDEN expects extraordinary loss and raises consolidated full-year outlook for FY 2015
Friday, 15 May 2015 02:00am EDT 

TOKUDEN CO LTD:Expected extraordinary loss of 70 mln yen FY ended March 2015 for organize loss of business due to dissolution of subsidiary.Says the company raised the consolidated full-year outlook for the FY ended March 2015.Revenue forecast increased to 8,272 million yen from 8,090 million yen.Operating profit forecast increased to 281 million yen from 208 million yen.Ordinary profit forecast increased to 302 million yen from 218 million yen.Net profit forecast increased to 272 million yen from 102 million yen.Earnings per share forecast increased to 33.98 yen from 12.77 yen.Comments that improvement of profit margins and deferred tax asset are the main reasons for the forecast.  Full Article

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