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Sumitomo Riko Co Ltd (5191.T)

5191.T on Tokyo Stock Exchange

23 Mar 2017
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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

More From Around the Web

BRIEF-R&I affirms Sumitomo Riko's rating at "A-" and announces stable outlook - R&I

* Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A-" - R&I