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Hokuetsu Kishu Paper Co Ltd (3865.T)

3865.T on Tokyo Stock Exchange

677JPY
20 Jan 2017
Change (% chg)

¥-4 (-0.59%)
Prev Close
¥681
Open
¥676
Day's High
¥681
Day's Low
¥672
Volume
497,500
Avg. Vol
731,570
52-wk High
¥779
52-wk Low
¥590

Latest Key Developments (Source: Significant Developments)

Oji Holdings is seen with 400 mln yen operating loss in china for FY ending March - Nikkei
Tuesday, 20 Dec 2016 01:37pm EST 

Nikkei: Oji Holdings is seen with 400 million yen ($3.38 million) operating loss in china for the fiscal year ending in March - Nikkei .Hokuetsu Kishu Paper likely will slash its chinese operating loss to one-third of last year's figure - Nikkei.  Full Article

Hokuetsu Kishu Paper says merger bewteen units
Thursday, 30 Jun 2016 02:00am EDT 

Hokuetsu Kishu Paper Co Ltd <3865.T>: Says its unit Alpac Forest Products Inc. and units Alberta Pacific Forest Industries Inc. and Alpac Pulp Sales Inc to merge together . Says the three units are engaged in pulp manufacturing business, operation of pulp mill, pulp sales business respectively .Says new company to be named Alberta Pacific Forest Industries Inc. after the three units' merger.  Full Article

Hokuetsu Kishu Paper to issue 10 bln yen bonds
Friday, 10 Jun 2016 02:01am EDT 

Hokuetsu Kishu Paper <3865.T>: Says it will issue 25th unsecured 5-year bonds worth 10 billion yen .Says subscription on June 10 and coupon rate of 0.170 percent.  Full Article

R&I affirms Hokuetsu Kishu Paper's rating at "A-" and stable outlook
Wednesday, 30 Mar 2016 02:00am EDT 

Hokuetsu Kishu Paper Co Ltd:Rating and Investment Information, Inc. (R&I) affirms the company's issuer rating at "A-".Rating outlook stable.  Full Article

Hokuetsu Kishu Paper completes acquisition of subsidiary
Thursday, 22 Oct 2015 02:00am EDT 

Hokuetsu Kishu Paper Co Ltd:Completes acquisition of shares in Alpac Forest Products Inc. and shares in Alpac Pulp Sales Inc. on Oct. 22.Raised stake in the two subsidiaries to 100 pct respectively.Plan disclosed on March 27.  Full Article

Hokuetsu Kishu Paper announces result of internal investigation and restatement of financial reports
Friday, 26 Jun 2015 03:00am EDT 

Hokuetsu Kishu Paper Co Ltd:Announces result of internal investigation, regarding inappropriate action by the former employee of its subsidiary.Says the former employee of the company's subsidiary HTC, embezzled through current account overdraft.To restate financial reports and quarterly reports from Q1 of fiscal year ended March 2010 to Q3 of fiscal year ended March 2015.  Full Article

Hokuetsu Kishu Paper raises consolidated full-year outlook for FY 2015
Thursday, 28 May 2015 07:15am EDT 

Hokuetsu Kishu Paper Co Ltd:Says the company raised the consolidated full-year outlook for the FY ended March 2015.Revenue forecast increased to 228,000 million yen from 226,000 million yen.Operating profit forecast increased to 6,100 million yen from 5,500 million yen.Ordinary profit forecast increased to 11,400 million yen from 8,500 million yen.Net profit forecast increased to 8,300 million yen from 6,000 million yen.Earnings per share forecast increased to 44.08 yen from 31.86 yen.FY 2015 revenues of 229.57 billion yen, net income of 6.37 billion yen – Thomson Reuters I/B/E/S.Comments that increased sales, cost down and increased investment profit are the main reasons for the forecast.  Full Article

Hokuetsu Kishu Paper announces results of fraudulent act of former employee of subsidiary
Thursday, 28 May 2015 07:15am EDT 

Hokuetsu Kishu Paper Co Ltd:Former employee of a wholly owned subsidiary placed fictitious acts, caused embezzling amount about 2,476 mln yen in total.The employee of the subsidiary has been fired.  Full Article

Mitsubishi Paper Mills cancels merger between subsidiaries with Hokuetsu Kishu Paper
Wednesday, 1 Apr 2015 02:00am EDT 

Hokuetsu Kishu Paper Co Ltd and Mitsubishi Paper Mills Ltd:Say Mitsubishi Paper Mills cancels merger plan with Hokuetsu Kishu Paper between the companies' subsidiaries Hokuetsu Kishu Sales Co., Ltd and Mitsubishi Paper Sales Co., Ltd.Previous plan disclosed on Aug. 25, 2014 says to merge the two subsidiaries on April 1.  Full Article

Hokuetsu Kishu Paper to acquire stake in Alpac Forest Products and Alpac Pulp Sales
Friday, 27 Mar 2015 02:00am EDT 

Hokuetsu Kishu Paper Co Ltd:Mitsubishi to transfer 13,300,000 shares (70 pct stake) held in its consolidated subsidiary Alpac Forest Products Inc. and its 1,750,001 shares (100 pct stake) held in Alpac Pulp Sales Inc. to Hokuetsu Kishu Paper Co., Ltd, in late June.Transaction price of C$51.8 mln.To acquire 30 pct stake in Alpac Forest Products Inc. from Oji Holdings, in middle June for C$23.1 mln.  Full Article