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Sumitomo Riko Co Ltd (5191.T)

5191.T on Tokyo Stock Exchange

978JPY
28 Sep 2016
Change (% chg)

¥-22 (-2.20%)
Prev Close
¥1,000
Open
¥984
Day's High
¥998
Day's Low
¥972
Volume
76,900
Avg. Vol
97,328
52-wk High
¥1,138
52-wk Low
¥770

Latest Key Developments (Source: Significant Developments)

Sumitomo Riko announces settlement of lawsuit
Thursday, 28 Jul 2016 12:09am EDT 

Sumitomo Riko Co Ltd <5191.T>: Says the co reached settlement with Martens Cars of Washington,Inc., auto dealers and the buyers of the co's products, regarding violation of the competition law .Says the co will pay $15 million for the settlement.  Full Article

Sumitomo Riko Company to merge with unit
Thursday, 24 Mar 2016 03:00am EDT 

Sumitomo Riko Company Limited:Says the co to merge with its wholly owned Kyoto-based subsidiary with effective date on Oct. 1.Says the unit to be dissolved after the transaction.  Full Article

R&I downgrades Sumitomo Riko's rating to "A-" and announces stable rating outlook
Tuesday, 9 Feb 2016 01:00am EST 

Sumitomo Riko Company Limited:Rating and Investment Information, Inc. (R&I) lowered the company's issuer rating to "A-" from "A".Rating outlook stable.  Full Article

Sumitomo Riko announces officer changes
Friday, 8 May 2015 12:00am EDT 

Sumitomo Riko Company Limited:Appoints current president Yoshiaki Nishimura as chairman and chief executive officer.Appoints Tetsu Matsui as president.June 18.  Full Article

Sumitomo Riko amends consolidated full-year outlook for FY 2015
Thursday, 23 Apr 2015 11:00pm EDT 

Sumitomo Riko Company Limited:Says the company raised the consolidated full-year outlook for revenue to 400,000 million yen from 390,000 million yen for FY ended March 2015.Sees a decreased operating profit forecast to 10,000 million yen from 12,000 million yen.Sees a decreased ordinary profit forecast to 8,000 million yen from 10,000 million yen.Sees a decreased net profit forecast to -4,500 million yen from 3,000 million yen.Sees a decrease of earnings per share to -43.35 yen from 28.90 yen per share.FY 2015 revenues of 390.00 billion yen, net income of 3 billion yen – Thomson Reuters I/B/E/S.Comments the yen devaluation and extraordinary loss are the main reasons for the forecast.  Full Article

Sumitomo Riko expects extraordinary profit for FY 2015
Monday, 23 Mar 2015 12:00am EDT 

Sumitomo Riko Company Limited:Expected extraordinary profit of 2,315 mln yen for FY ending March 2015 for selling of securities.  Full Article

R&I affirms Sumitomo Riko's rating at "A" and changes outlook to negative
Wednesday, 25 Feb 2015 01:07am EST 

Sumitomo Riko Company Limited:Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A".Rating outlook changed to negative from stable.  Full Article

Sumitomo Riko announces application of International Financial Reporting Standards
Monday, 23 Feb 2015 01:30am EST 

Sumitomo Riko Company Limited:Says to apply International Financial Reporting Standards (IFRS) as the new accounting method.IFRS effective from the financial report for FY ending March 2016.  Full Article

Sumitomo Riko Company Limited expects extraordinary loss for FY 2015
Monday, 27 Oct 2014 12:00am EDT 

Sumitomo Riko Company Limited:Says it expects an extraordinary loss of 2,330 million yen for FY ending March 2015.Says the loss is recorded for the business structure improvement fee of subsidiary Anvis France Decize S.A.S.  Full Article

BRIEF-Sumitomo Riko announces settlement of lawsuit

* Says the co reached settlement with Martens Cars of Washington,Inc., auto dealers and the buyers of the co's products, regarding violation of the competition law