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Chuetsu Pulp & Paper Co Ltd (3877.T)

3877.T on Tokyo Stock Exchange

239JPY
2:00am EDT
Change (% chg)

¥2 (+0.84%)
Prev Close
¥237
Open
¥238
Day's High
¥239
Day's Low
¥238
Volume
137,000
Avg. Vol
261,281
52-wk High
¥254
52-wk Low
¥182

Latest Key Developments (Source: Significant Developments)

Oji Holdings subsidiary to set up joint venture with Chuetsu Pulp & Paper
Friday, 25 Mar 2016 02:00am EDT 

Oji Holdings Corp:A Tokyo-based wholly owned subsidiary to set up a joint venture in Tokyo with two subsidiaries of Chuetsu Pulp & Paper on May 1.The joint venture with registered capital of 100 million yen to be engaged in holding business.The subsidiary of Oji Holdings to hold 55 pct stake, Chuetsu Pulp & Paper to hold 45 pct stake in the joint venture.  Full Article

Chuetsu Pulp & Paper lowers consolidated full-year outlook for FY 2016
Tuesday, 9 Feb 2016 12:30am EST 

Chuetsu Pulp & Paper Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 100,000 mln yen from 101,000 mln yen for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to 1,100 mln yen from 1,800 mln yen.Sees a decrease of ordinary profit forecast to 1,100 mln yen from 1,700 mln yen.Sees a decrease of net profit forecast to 100 mln yen from 500 mln yen.Sees a decrease of earnings per share to 0.76 yen from 3.82 yen.Comments the decreased productivity in factories and increased manufacturing costs are the main reasons for the forecast.  Full Article

R&I affirms Chuetsu Pulp & Paper's rating at "BBB-" and negative outlook
Wednesday, 2 Dec 2015 01:00am EST 

Chuetsu Pulp & Paper Co Ltd:Rating and Investment Information, Inc. (R&I) affirms the company's issuer rating at "BBB-".Rating outlook negative.  Full Article

Chuetsu Pulp & Paper lowers consolidated full-year outlook for FY 2016
Wednesday, 11 Nov 2015 12:30am EST 

Chuetsu Pulp & Paper Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 101,000 million yen from 105,000 million yen for FY ending March 2016.Sees a decrease of operating profit forecast to 1,800 million yen from 1,900 million yen.Sees a decrease of ordinary profit forecast to 1,700 million yen from 1,800 million yen.Sees a decrease of net profit attributable to parent company's shareholders forecast to 500 million yen from 850 million yen.Sees a decrease of earnings per share to 3.82 yen from 6.37 yen.Comments the impact of typhoon on Kagoshima-based plant is the main reason for the forecast.  Full Article

Chuetsu Pulp & Paper completes private placement and updates on cooperation with Oji Holdings
Friday, 29 May 2015 02:00am EDT 

Chuetsu Pulp & Paper Co Ltd:Issued and sold 17,000,000 share of Chuetsu Pulp & Paper to Oji Holdings Corp, for 3,230,000,000 yen in total through private placement, with payment period from Dec. 18, 2014 to May 29, 2015.Oji Holdings Corp is holding 20.62 pct stake in Chuetsu Pulp & Paper, up from 9.03 pct.To set up a joint venture with a subsidiary of Oji Holdings in Tokyo, engaged in chip sourcing, in June.To set up a joint venture with a subsidiary of Oji Holdings in Tokyo, engaged in production of high-grade boxboard, in July.To set up a holding joint venture with a subsidiary of Oji Holdings.  Full Article

Oji Holdings announces investigation result from Japan Fair Trade Commission regarding capital alliance with Chuetsu Pulp & Paper
Tuesday, 26 May 2015 02:00am EDT 

Oji Holdings Corp:Announced investigation result from Japan Fair Trade Commission regarding capital alliance with Chuetsu Pulp & Paper.Says cease-and-desist order will not carried out, according to notice from Japan Fair Trade Commission.Says continue private placement with Chuetsu Pulp & Paper.  Full Article

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