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Hokuetsu Kishu Paper Co Ltd (3865.T)

3865.T on Tokyo Stock Exchange

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¥622
Open
¥615
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¥615
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¥605
Volume
767,500
Avg. Vol
786,804
52-wk High
¥864
52-wk Low
¥590

Latest Key Developments (Source: Significant Developments)

Mitsubishi announces Notice Regarding Transfer of Shares in Consolidated Subsidiaries to Hokuetsu Kishu Paper
Thursday, 19 Feb 2015 10:00pm EST 

Mitsubishi Corp and Hokuetsu Kishu Paper:Mitsubishi Corporation announces that its 13,300,000 shares (70 pct of all outstanding stock) held in its consolidated subsidiary Alpac Forest Products Inc. and its 1,750,001 shares (100 pct of all outstanding stock) held in Alpac Pulp Sales Inc. will be transferred to Hokuetsu Kishu Paper Co., Ltd.Says Mitsubishi Corp to hold no shares of Alpac Forest Products and Alpac Pulp Sales after transaction.Transaction amount and effective date to be decided and disclosed later.  Full Article

Hokuetsu Kishu Paper subsidiary to merge with BF
Thursday, 29 Jan 2015 02:00am EST 

Hokuetsu Kishu Paper Co Ltd:Subsidiary HOKUETSU-PACKAGE CO., LTD. to merge with BF Co., Ltd. and BF Co., Ltd. will dissolve after merger on April 1.  Full Article

Hokuetsu Kishu Paper Co Ltd lowers consolidated full-year outlook for FY 2015
Friday, 14 Nov 2014 01:00am EST 

Hokuetsu Kishu Paper Co Ltd:Says the company lowered the consolidated full-year outlook for the FY ending March 2015.Revenue forecast decreased to 226,000 million yen from 237,000 million yen.Operating profit forecast decreased to 5,500 million yen from 7,500 million yen.Ordinary profit forecast decreased to 8,500 million yen from 10,500 million yen.Net profit forecast decreased to 6,000 million yen from 6,500 million yen.Earnings per share decreased to 31.86 yen from 34.53 yen.FY 2015 revenues of 230.74 billion yen, net income of 5.74 billion yen – Thomson Reuters I/B/E/S.Comments that increased consumption tax rate and increased raw material and fuel prices due to depreciation of Japanese yen are the main reasons for the forecast.  Full Article

BRIEF-Hokuetsu Kishu Paper sales apparently rose 7% to around 245 bln yen - nikkei

* Hokuetsu Kishu Paper sales apparently rose 7% to around 245 billion yen, 3 billion yen above the forecast in the year ended in March - Nikkei