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Okamoto Industries Inc (5122.T)

5122.T on Tokyo Stock Exchange

1,102JPY
24 Mar 2017
Change (% chg)

¥13 (+1.19%)
Prev Close
¥1,089
Open
¥1,081
Day's High
¥1,114
Day's Low
¥1,081
Volume
272,000
Avg. Vol
320,778
52-wk High
¥1,332
52-wk Low
¥771

Latest Key Developments (Source: Significant Developments)

Okamoto Industries to retire 3 mln treasury shares
Monday, 9 May 2016 02:46am EDT 

Okamoto Industries Inc <5122.T>: Says it will retire 3 million shares (2.9 percent stake) of its common stock on May 20 .Says the total shares outstanding will be 102.0 million shares after the retirement.  Full Article

OKAMOTO INDUSTRIES raises consolidated full-year outlook for FY 2016
Friday, 5 Feb 2016 02:00am EST 

OKAMOTO INDUSTRIES INC:Says the company increased the consolidated full-year outlook for revenue to 86,000 mln yen from 84,500 mln yen, for the fiscal year ending March 31, 2016.Operating profit forecast increased to 7,300 mln yen from 6,000 mln yen.Ordinary profit forecast increased to 8,800 mln yen from 7,500 mln yen.Net profit forecast increased to 5,000 mln yen from 4,500 mln yen.Earnings per share increased to 50.82 yen from 45.73 yen.Comments the steady growth of core business as the main reasons for the forecast.  Full Article

OKAMOTO INDUSTRIES raises consolidated full-year outlook for FY 2016
Wednesday, 4 Nov 2015 02:00am EST 

OKAMOTO INDUSTRIES INC:Says the company raised the consolidated full-year outlook for the FY ending March 2016.Revenue forecast increased to 84,500 million yen from 82,000 million yen.Operating profit forecast increased to 6,000 million yen from 4,600 million yen.Ordinary profit forecast increased to 7,500 million yen from 5,900 million yen.Net profit forecast increased to 4,500 million yen from 3,800 million yen.Earnings per share forecast increased to 45.73 yen from 38.62 yen.FY 2016 revenues of 89.70 billion yen, net income of 5.60 billion yen – Thomson Reuters I/B/E/S.Comments that increased sales revenue, impact of foreign exchange and cost reduction are the main reasons for the forecast.  Full Article

OKAMOTO INDUSTRIES amends consolidated mid-year and full-year outlook for FY 2016
Monday, 3 Aug 2015 03:00am EDT 

OKAMOTO INDUSTRIES INC:Says the company reaffirmed the consolidated mid-year outlook for revenue at 38,000 million yen for FY ending March 2016.Confirms the operating profit forecast at 2,000 million yen.Ordinary profit forecast increased to 3,000 million yen from 2,100 million yen.Net profit attributable to parent company's shareholders forecast increased to 2,200 million yen from 1,300 million yen.Earnings per share increased to 22.36 yen from 13.19 yen.Says the company reaffirmed the consolidated full-year outlook for revenue at 82,000 million yen for FY ending March 2016.Confirms the operating profit forecast at 4,600 million yen.Ordinary profit forecast increased to 5,900 million yen from 5,000 million yen.Net profit attributable to parent company's shareholders forecast increased to 3,800 million yen from 2,900 million yen.Earnings per share increased to 38.62 yen from 29.42 yen.Comments the investment income as the main reason for the forecast.  Full Article

OKAMOTO INDUSTRIES updates share acquisition of Riken Corundum
Thursday, 11 Jun 2015 03:30am EDT 

OKAMOTO INDUSTRIES INC:To acquire 884,000 shares (about 9.63 pct voting rights) of Riken Corundum on June 12.  Full Article

OKAMOTO INDUSTRIES plans to acquire shares of Riken Corundum
Thursday, 14 May 2015 03:30am EDT 

OKAMOTO INDUSTRIES INC and Riken Corundum Co Ltd:OKAMOTO INDUSTRIES planned to acquire 1,017,000 shares (about 11.08 pct voting rights) of Riken Corundum on May 15.OKAMOTO INDUSTRIES to increase voting rights in Riken Corundum to 23.42 pct (2,149,760 shares) from 12.34 pct (1,132,760 shares), effective May 15.  Full Article

OKAMOTO INDUSTRIES to issue year-end dividend for FY 2015
Friday, 8 May 2015 03:00am EDT 

OKAMOTO INDUSTRIES INC:To issue a year-end dividend of 6.25 yen per share to all the shareholders of record as of March 31, for FY ended March 2015.Payment date June 29.Says latest dividend forecast was 3.75 yen per share.  Full Article

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