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Chuetsu Pulp & Paper Co Ltd (3877.T)

3877.T on Tokyo Stock Exchange

246JPY
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Volume
4,000
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¥254
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¥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

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