Key Developments: Nitta Gelatin Inc (4977.T)

4977.T on Tokyo Stock Exchange

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¥891
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¥1,195
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Latest Key Developments (Source: Significant Developments)

Nitta Gelatin Inc lowers consolidated full-year outlook for FY 2014
Wednesday, 5 Feb 2014 01:00am EST 

Nitta Gelatin Inc:Says the company lowered the consolidated full-year outlook for revenue to 32,300 million yen from 32,700 million yen for the fiscal year ending Mar. 2014.Sees a decrease of operating profit forecast to 1,000 million yen from 1,700 million yen.Sees a decrease of ordinary profit forecast to 1,100 million yen from 1,890 million yen.Sees a decrease of net profit forecast to 700 million yen from 1,380 million yen.Sees a decrease of earnings per share to 39.87 yen from 78.6 yen.Comments the negative outlook is caused by increase of material costs and caused by lowered exchange rate, as well as the loss caused by casing quality and low productivity in India plant.FY 2014 revenues of 32.25 billion yen, reported net profit of 1.35 billion yen – Thomson Reuters I/B/E/S.  Full Article

Nitta Gelatin Inc Announces Amount of Share Issuance through Private Placement
Friday, 23 Aug 2013 03:45am EDT 

Nitta Gelatin Inc announced that it has decided to issue 203,900 shares, at the price of JPY 1,204.2 per share, or JPY 245,536,380 in total, through private placement, on August 28, 2013.  Full Article

Nitta Gelatin Inc Announces Offering Price for Share Issuance
Monday, 22 Jul 2013 03:45am EDT 

Nitta Gelatin Inc announced that it has decided on the issue price at JPY 1,256 per share (JPY 3,014,400,000 in total) and paid-in price at JPY 1,204.2 per share (JPY 2,890,080,000 in total), to issue shares through public offering and paid-in price at JPY 1,204.2 per share (up to JPY 433,512,000 in total) through private placement, which was announced on July 10, 2013. The proceeds will be used for investment in Osaka plant, investment and financing for subsidiary and short-term loan repayment.  Full Article

Nitta Gelatin Inc to Issue New Shares
Wednesday, 10 Jul 2013 04:00am EDT 

Nitta Gelatin Inc announced that it has decided to issue 2,400,000 new shares of its common stock, through public offering, with SMBC Nikko Securities Inc. as the leading underwriter. The Company will also issue 360,000 shares through private placement, to SMBC Nikko Securities Inc. The other terms of the new share issuance will be decided and disclosed later. The Company is planning to use the total proceeds of approximately JPY 2,922,631,000 in total to invest in Osaka plant, adhesive agent business office and new laboratory, and to serve as investment capital and pay back loans.  Full Article

Nitta Gelatin Inc Completes Establishment Procedures of Joint Venture with Shanghai International Trading Co.,Ltd.
Thursday, 21 Feb 2013 01:00am EST 

Nitta Gelatin Inc announced that the Company and Shanghai International Trading Co.,Ltd. have completed the establishment procedures of the joint venture, Nitta Gelatin Vietnam JV CO.,LTD., which will be engaged in manufacturing and sales of gelation agent. The joint venture will start operating in August 2013.  Full Article

Nitta Gelatin Inc Raises Year-end Dividend Forecast for FY 2013
Friday, 8 Feb 2013 01:00am EST 

Nitta Gelatin Inc announced that it has resolved to distribute a bonus dividend of JPY 2 per share in commemoration of the listing on Tokyo Stock Exchange. Therefore, the Company has amended its year-end dividend from JPY 6 per share, which was announced on May 11, 2012, to JPY 8 per share (JPY 6 per share of a common dividend and JPY 2 per share of a bonus dividend), for the fiscal year ending March 2013.  Full Article

Nitta Gelatin Inc Announces Upgrade of Stock Listing
Thursday, 13 Dec 2012 02:00am EST 

Nitta Gelatin Inc announced that its stock will be listed on the Tokyo Stock Exchange(TSE) first section from TSE second section, effective December 20, 2012.  Full Article

Nitta Gelatin Inc to Establish Joint Venture with Shanghai International Trading Co.,Ltd.
Wednesday, 17 Oct 2012 04:00am EDT 

Nitta Gelatin Inc announced that the Company and Shanghai International Trading Co.,Ltd. have agreed to establish a joint venture, Nitta Gelatin Vietnam JV CO.,LTD., which will be engaged in manufacturing and sales of gelation agent, effective December 2012.  Full Article

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