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Tokushu Tokai Paper Co Ltd (3708.T)

3708.T on Tokyo Stock Exchange

4,045JPY
29 May 2017
Change (% chg)

¥-20 (-0.49%)
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¥4,065
Open
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¥4,035
Volume
8,300
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12,317
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¥4,665
52-wk Low
¥3,170

Latest Key Developments (Source: Significant Developments)

Nippon Paper Industries announces business alliance with Tokushu Tokai Paper
Monday, 25 Apr 2016 02:00am EDT 

Nippon Paper Industries Co Ltd:Formed a business alliance with Tokushu Tokai Paper on April 25.Nippon Paper Industries and Tokushu Tokai Paper to jointly set up a company, holding 35 pct and 65 pct stake respectively in it.Nippon Paper Industries to invest 6,250 million yen in the new company.Tokushu Tokai Paper to transfer business to the new company.The new company to be engaged in production, processing and sale of paper pulp and management of subsidiaries.  Full Article

Tokushu Tokai Paper revises consolidated full-year outlook for FY 2016
Friday, 13 Nov 2015 01:00am EST 

Tokushu Tokai Paper Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 78,000 million yen from 81,000 million yen for FY ending March 2016.Sees a decrease of operating profit forecast to 3,100 million yen from 3,700 million yen.Sees a decrease of ordinary profit forecast to 3,000 million yen from 3,650 million yen.Net profit forecast remained at 1,400 million yen.Earnings per share at 9.46 yen.Comments the decreased sales and phase shift of loss on disposal of fixed assets are the main reasons for the forecast.  Full Article

Nippon Paper Industries announces business alliance with Tokushu Tokai Paper
Wednesday, 7 Oct 2015 02:00am EDT 

Nippon Paper Industries Co Ltd:Says the two entities to set up a new sale company, and Nippon Paper Industries Co Ltd will hold a more than 50 pct stake while the Tokushu Tokai Paper will hold a 33.4~50 pct stake in the new established sale company.Tokushu Tokai Paper to establish a new manufacture company as subsidiary, and Nippon Paper Industries to raise stake to 33.4~50 pct in the new established company through private placement offered by Tokushu Tokai Paper which will hold a more than 50 pct stake.Transaction to be completed in Oct. 2016.  Full Article

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