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Soko Seiren Co Ltd (3578.T)

3578.T on Tokyo Stock Exchange

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¥140
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Volume
12,000
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¥152
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¥89

Latest Key Developments (Source: Significant Developments)

Soko Seiren appoints chairman
Tuesday, 23 May 2017 05:40am EDT 

May 23 (Reuters) - Soko Seiren Co Ltd <3578.T>:* Says it appoints Toru Miyamoto as new chairman of the board, effective June 28 .  Full Article

Soko Seiren announces outcome of takeover bid by Marui Group
Thursday, 18 May 2017 09:40pm EDT 

May 19(Reuters) - Soko Seiren Co Ltd <3578.T>:Says Marui Group Co Ltd <<<8252.T>>> acquired 3.6 million shares of the company during period from March 28 to May 18.Settlement date is May 24.Says Marui Group will hold 50 percent voting rights in the company after the transaction and will become the top shareholder .  Full Article

Marui Group revises takeover bid for shares in Soko Seiren
Friday, 14 Apr 2017 05:30am EDT 

Soko Seiren Co Ltd <3578.T> : Says the purchase price offered by Marui Group Co Ltd <8252.T> was revised to 160 yen per share from 148 yen per share . Offering period has been extended to May 18 instead of April 24 . And settlement date was also changed to May 24 from April 28 .Latest plan was disclosed on March 27.  Full Article

Marui Group offers takeover bid for 50.01 pct stake in Soko Seiren
Monday, 27 Mar 2017 04:36am EDT 

Soko Seiren Co Ltd <3578.T>: Says Marui Group Co Ltd <8252.T> offered a takeover bid for at least 3.6 million shares(50.01 percent stake) of the co . Says offered purchase price at 148 yen per share . Offering period from March 28 to April 24 . Settlement starts on April 28 .Says Marui Group will scrap the acquisition if the lower limit can't be reached.  Full Article

Soko Seiren announces Bunpei Nishikawa's stake lowered to 0 pct from 33.7 pct
Wednesday, 8 Mar 2017 03:13am EST 

Soko Seiren Co Ltd <3578.T>: Says its top shareholder, Bunpei Nishikawa's stake in the co is lowered to 0 percent from 33.7 percent, effective Aug. 29, 2016 .Says Bunpei Nishikawa has passed away.  Full Article

SOKO SEIREN names Kazuhiro Nakamae as new president
Friday, 10 Jun 2016 01:00am EDT 

SOKO SEIREN Co Ltd <3578.T> :Says it names Kazuhiro Nakamae, instead of Akio Nagataka who was appointed previously, as new president of the company, which to be officially announced on June 29.  Full Article

Soko Seiren appoints Akio Nagataka as president
Thursday, 12 May 2016 02:00am EDT 

Soko Seiren <3578.T>:Says it appoints Akio Nagataka as new president to succeed Naoto Ogawa, effective June 29.  Full Article

SOKO SEIREN lowers consolidated full-year outlook for FY 2016
Wednesday, 11 Nov 2015 01:00am EST 

SOKO SEIREN CO LTD:Says the company lowered the consolidated full-year outlook for revenue to 3,410 million yen from 3,660 million yen for FY ending March 2016.Sees a decrease of operating profit forecast to -220 million yen from -50 million yen.Sees a decrease of ordinary profit forecast to -400 million yen from -50 million yen.Sees a decrease of net profit forecast to -420 million yen from -60 million yen.Sees a decrease of earnings per share to -58.98 yen from -8.42 yen.Comments the high prices of raw materials, increased costs, delay of production of overseas subsidiary and exchange rate changes are the main reasons for the forecast.  Full Article

BRIEF-Soko Seiren appoints chairman

* Says it appoints Toru Miyamoto as new chairman of the board, effective June 28