Key Developments: Sumitomo Riko Co Ltd (5191.T)

5191.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

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

Tokai Rubber Industries Ltd expects extraordinary profit for Q2 of FY 2015
Monday, 29 Sep 2014 03:00am EDT 

Tokai Rubber Industries Ltd:Says it expects an extraordinary profit of 3,167 million yen for Q2 of FY ending March 2015.Says the profit was recorded as gain on selling of securities.  Full Article

Tokai Rubber Industries to change company name
Monday, 26 May 2014 03:30am EDT 

Tokai Rubber Industries Ltd:To change company name into Sumitomo Riko Company Limited, on Oct. 1.  Full Article

Tokai Rubber Industries announces resignation of chairman
Thursday, 8 May 2014 12:00am EDT 

Tokai Rubber Industries Ltd:Says Tetsuo Naruse will resign from chairman of the board, on June 19.  Full Article

JCR affirms rating on Tokai Rubber Industries Ltd at "AA-" -Reuters
Wednesday, 12 Feb 2014 07:00pm EST 

Tokai Rubber Industries Ltd:Says Japan Credit Rating Agency, Ltd. affirmed the rating on Tokai Rubber Industries Ltd at "AA-" -Reuters.Says the rating outlook is stable.  Full Article

REFILE-TABLE-Sumitomo Riko -2014/15 group results

(Adds EPS basic forecast) May 8 - Sumitomo Riko Company Limited CONSOLIDATED FINANCIAL HIGHLIGHTS (in billions of yen unless specified) Year ended Year ended Year to NEXT Mar 31, 2015 Mar 31, 2014 Mar 31, 2016 YEAR LATEST YEAR-AGO COMPANY COMPANY RESULTS RESULTS FORECAST H1 FORECAST Sales 400.93 369

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