Key Developments: Nitta Gelatin Inc (4977.T)

4977.T on Tokyo Stock Exchange

736JPY
3 Jul 2015
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Latest Key Developments (Source: Significant Developments)

Nitta Gelatin lowers consolidated full-year revenue outlook for FY 2015
Monday, 27 Apr 2015 03:50am EDT 

Nitta Gelatin Inc:Says the company lowered the consolidated full-year outlook for revenue to 31,900 million yen from 32,400 million yen for the fiscal year ended March 31, 2015.Sees a decrease of operating profit forecast to 360 million yen from 600 million yen.Sees an increase of ordinary profit forecast to 950 million yen from 700 million yen.Sees an increase of net profit forecast to 580 million yen from 500 million yen.Sees an increase of earnings per share to 31.57 yen from 27.21 yen.FY 2015 revenues of 32.40 billion yen, net profit of 0.69 billion yen – Thomson Reuters I/B/E/S.Comments that increased purchasing costs, as well as recording of foreign exchange profit are the main reasons for the forecast.  Full Article

Nitta Gelatin announces change of chairman and president
Friday, 6 Feb 2015 01:30am EST 

Nitta Gelatin Inc:Appoints Koichi Ogata as new president to replace Norimichi Soga, who will become chairman of the board, effective April 1.  Full Article

Nitta Gelatin Inc lowers consolidated full-year outlook for FY 2015
Thursday, 6 Nov 2014 01:00am EST 

Nitta Gelatin Inc:Says the company lowered the consolidated full-year outlook for revenue to 32,400 million yen from 36,500 million yen for FY ending March 2015.Sees a decrease of operating profit forecast to 600 million yen from 1,800 million yen.Sees a decrease of ordinary profit forecast to 700 million yen from 1,900 million yen.Sees a decrease of net profit forecast to 500 million yen from 1,200 million yen.Sees a decrease of earnings per share to 27.21 yen from 65.31 yen.Comments the decreased income, rising bovine bone gelatin raw material prices and increased energy cost are the main reasons for the forecast.  Full Article

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

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