Daicel Corp (4202.T)
26 May 2017
Latest Key Developments (Source: Significant Developments)
Daicel Corp <4202.T>:Says it to retire 15 million shares (4.11 percent stake) of its common stock on May 25. Full Article
Daicel Corp:Says the company amended the consolidated full-year outlook for the FY ending March 2016.Revenue forecast decreased to 459,000 million yen from 467,000 million yen.Operating profit forecast increased to 61,000 million yen from 54,000 million yen.Ordinary profit forecast increased to 63,000 million yen from 56,000 million yen.Net profit forecast increased to 39,000 million yen from 35,000 million yen.Earnings per share forecast increased to 111.01 yen from 99.62 yen.FY 2016 revenues of 463.48 billion yen, net income of 38.86 billion yen – Thomson Reuters I/B/E/S.Comments that impact foreign exchange and raw material price are the main reasons for the forecast. Full Article
TOKYO, May 19 Japanese chemicals maker Daicel Corp and auto parts maker Toyoda Gosei Co said on Friday they will invest 1 billion yen ($8.98 million) in each other's equity, deepening ties as both companies expand their global air bag businesses.