Key Developments: Yokohama Rubber Co Ltd (5101.T)
1,244JPY
17 May 2013
¥6 (+0.48%)
¥1,309
¥1,239
¥1,247
¥1,221
3,024,000
2,758,902
¥1,312
¥506
Latest Key Developments (Source: Significant Developments)
Yokohama Rubber Co Ltd to Expand Truck Tire Production Capacity in Thailand- RIA Oreanda News
RIA Oreanda News reported that Yokohama Rubber Co Ltd announced that it will start building a new plant for Yokohama Tire Manufacturing (Thailand) Co., Ltd. (YTMT) as the Phase-II expansion of its truck/bus (TB) tire production capacity in July 2013. Yokohama Rubber invests a total of JPY 8 billion to build the second plant with a building area of 2.6 hectares. With the expansion, Yokohama Rubber will increase TB tire production capacity of the subsidiary from 350,000 to 700,000 tires a year. The second plant will start manufacturing operation in April 2015 and full-fledged operation in December of the same year. Full Article
Yokohama Rubber Co Ltd to Pay Dividend
Yokohama Rubber Co Ltd announced that it has decided to pay a dividend of JPY 12.00 per share (JPY 3,878 million in total), above the latest dividend forecast of JPY 10.00 per share, to all the shareholders as a record of December 31, 2012, effective March 29, 2013. Full Article
Yokohama Rubber Co Ltd Completes Share Repurchase
Yokohama Rubber Co Ltd announced that it has completed share repurchase plan disclosed on November 9, 2012. The Company has repurchased 11,800,000 shares of its common stock, for JPY 6,525,400,000 in total, on November 12, 2012. Full Article
Yokohama Rubber Co Ltd Announces Detail of Share Repurchase Plan
Yokohama Rubber Co Ltd announced that it has decided to repurchase up to 11,800,000 shares of its common stock (a 3.52% stake), at the price of JPY 553 per share, which is the closing price of November 9, 2012, for up to JPY 6,525,400,000 in total, on Tokyo Stock Exchange ToSTNeT-3, on November 12, 2012. Full Article
Yokohama Rubber Co Ltd to Issue Mid-year Dividend and Raises Year-end Dividend Forecast for FY 2012
Yokohama Rubber Co Ltd announced that it has decided to issue a mid-year dividend of JPY 8 per share, above the latest dividend forecast of JPY 6 per share, and has raised the year-end dividend forecast from JPY 7 per share to JPY 10 per share, for the fiscal year ending December 2012. Full Article
Yokohama Rubber Co Ltd Raises Consolidated Full-year Outlook for FY 2012
Yokohama Rubber Co Ltd announced that it has raised the consolidated full-year outlook for revenue from JPY 575,000 million to JPY 576,000 million, operating profit from JPY 40,000 million to JPY 49,000 million, ordinary profit from JPY 37,000 million to JPY 44,000 million, net profit from JPY 25,000 million to JPY 30,000 million and earning per share from JPY 74.62 to JPY 89.54 for the fiscal year ending December 31, 2012. The positive outlook is mainly due to the increase of sales and earnings in the first half of 2012. Full Article
The Yokohama Rubber Company, Limited Amends Consolidated Full-year Outlook for FY 2011
The Yokohama Rubber Company, Limited announced that it has lowered the consolidated full-year outlook for revenue from JPY 471,000 million to JPY 460,000 million, ordinary profit from JPY 19,000 million to JPY 15,000 million, net profit from JPY 11,000 million to JPY 8,500 million and earning per share from JPY 32.83 to JPY 25.37, but has affirmed the consolidated full-year outlook for operating profit at JPY 21,000 million for the fiscal year ending December 31, 2011. The negative outlook is mainly due to increase of raw material price, as well as impact of high exchange rate. According to I/B/E/S Estimates, analysts on average were expecting the Company to report full-year revenue of JPY 519.74 billion, operating profit of JPY 29.49 billion and net income of JPY 13.92 billion. Full Article
The Yokohama Rubber Company, Limited Announces Consolidated Mid-year Outlook for FY 2011
The Yokohama Rubber Company, Limited announced its consolidated mid-year outlook for revenue of JPY 258,000 million, operating profit of JPY 6,000 million, ordinary profit of JPY 3,600 million, net profit of JPY 1,300 million and earning per share of JPY 3.88, for the fiscal year ending December 2011. Full Article
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