Nippon Chemiphar Co Ltd (4539.T)
Latest Key Developments (Source: Significant Developments)
Nippon Chemiphar Co Ltd:Says subsidiary Nihon Pharmaceutical Industry Co.,Ltd. to acquire 40 pct stake in its 60 pct owned joint venture Nippon Chemiphar Vietnam Joint Venture Co., Ltd, from M.S.T Pharm Co Ltd.Says subsidiary to wholly owned Nippon Chemiphar Vietnam Joint Venture Co., Ltd and to change the joint venture's name to Nippon Chemiphar Vietnam Co., Ltd.Planned effective in October. Full Article
Nippon Chemiphar Co Ltd:Completed repurchase of 955,000 shares of its common stock.Shares repurchased at the price of 599,459,000 yen in total, from May 25 to Aug. 31.Plan disclosed on May 22. Full Article
Nippon Chemiphar Co Ltd:To repurchase up to 1 mln shares (2.47 pct of outstanding) for no more than 600 mln yen in total, from May 25 to Sep. 30. Full Article
Nippon Chemiphar Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 35,110 million yen from 35,300 million yen for FY ended March 2015.Operating profit forecast increased to 3,280 million yen from 2,600 million yen.Ordinary profit forecast increased to 3,210 million yen from 2,450 million yen.Net profit forecast increased to 1,890 million yen from 1,500 million yen.Earnings per share increased to 47.21 yen from 36.72 yen.Comments the improved profitability and sales decrease as the main reasons for the forecast. Full Article
Japan's Fujifilm Holdings Corp is in final talks to buy Takeda Pharmaceutical Co's 70 percent stake in Wako Pure Chemical Industries for about 200 billion yen ($1.94 billion), the Nikkei business daily reported on Wednesday.