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NGK Spark Plug Co Ltd (5334.T)

5334.T on Tokyo Stock Exchange

2,482JPY
7 Dec 2016
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Latest Key Developments (Source: Significant Developments)

NGK Spark Plug buys back 1.4 mln shares for 2.66 bln yen in October
Wednesday, 2 Nov 2016 02:01am EDT 

NGK Spark Plug Co Ltd <5334.T>: Says it repurchased 1.4 million shares for 2.66 billion yen in total in October . Says this was part of the share repurchase plan announced on July 29 .Says it accumulatively repurchased 5.4 million shares for about 10 billion yen in total as of Oct. 31.  Full Article

NGK Spark Plug to transfer ceramic IC package business to unit
Friday, 29 Jul 2016 03:15am EDT 

NGK Spark Plug <5334.T>:Says it will transfer its ceramic IC package business to its Komaki-based wholly owned subsidiary on Oct. 1.  Full Article

NGK Spark Plug to repurchase 7 mln shares
Friday, 29 Jul 2016 03:09am EDT 

NGK Spark Plug <5334.T>: Says it will repurchase up to 7 million shares, representing a 3.2 percent stake . Says share repurchase up to 10 billion yen in total .Says repurchase period from Aug. 1 to Oct. 31.  Full Article

NGK SPARK PLUG says structural reform of ceramic IC package business
Monday, 9 May 2016 01:45am EDT 

NGK SPARK PLUG CO LTD <5334.T>: Says it had decided a basic policy about the structural reform of its ceramic IC package business at the Board of Directors Meeting held on May 9 . Says establishment of the new subsidiaries including new subsidiary for the Ceramic IC package business named "NTK CERAMIC CO., LTD." (New N-CERA) and new subsidiary for the Sensor business named "CS Nakatsugawa CO., LTD" (CS Nakatsugawa), planned on July 1 . Says the Ceramic IC package business will be succeeded from the Company and current NTK CERAMIC CO., LTD. (Current N-CERA) to New N-CERA, through absorption-type company split by Oct. 1 (planned) . Says the sensor business in Current N-CERA will be succeeded to CS Nakatsugawa through absorption-type company split by Oct. 1 (Planned) .Says absorbing Current N-CERA into the Company by Jan. 1, 2017 (Planned).  Full Article

NGK Spark Plug announces business and capital alliance with Japan Medical Dynamic Marketing; to acquire stake in Japan Medical Dynamic Marketing from Itochu
Wednesday, 20 Apr 2016 02:00am EDT 

NGK Spark Plug Co Ltd:Formed a business and capital alliance with Japan Medical Dynamic Marketing on April 20.NGK Spark Plug and Japan Medical Dynamic Marketing to cooperate on sale, development and production of medical apparatus and instruments of NGK Spark Plug and Japan Medical Dynamic Marketing in Japan.To acquire 30 pct stake (7,942,764 shares) in Japan Medical Dynamic Marketing from Itochu at 780 yen per share with amount of 6,195,356,000 yen on May 16.  Full Article

R&I affirms NGK Spark Plug's rating to "A+" and announces stable rating outlook
Thursday, 14 Jan 2016 01:00am EST 

NGK Spark Plug Co Ltd:Rating and Investment Information, Inc. (R&I) affirmed the company's issuer rating at "A".Rating outlook stable.  Full Article

NGK Spark Plug amends consolidated full-year outlook for FY 2016
Friday, 30 Oct 2015 01:00am EDT 

NGK Spark Plug Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 391,500 million yen from 394,500 million yen for FY ending March 2016.Operating profit forecast increased to 68,000 million yen from 67,000 million yen.Sees a decrease of ordinary profit forecast to 69,500 million yen from 71,000 million yen.Sees a decrease of net profit attributable to parent company's shareholders forecast to 36,000 million yen from 46,000 million yen.Sees a decrease of earnings per share to 165.42 yen from 211.37 yen.Comments the sales decrease and settlement payment are the main reasons for the forecast.  Full Article

NGK Spark Plug to issue 7th series unsecured corporate bonds
Tuesday, 20 Oct 2015 10:00pm EDT 

NGK Spark Plug Co Ltd:To issue seventh series unsecured corporate bonds worth 30 bln yen.Says each bonds worth 100 million yen.Bonds with an interest rate of 0.296 pct and a term of five years.Maturity on Oct. 27, 2020.Payment date Oct. 27.Proceeds to be used for business operation and equipment investment.  Full Article

NGK Spark Plug expects extraordinary loss for Q2 of FY 2016
Monday, 28 Sep 2015 03:40am EDT 

NGK Spark Plug Co Ltd:Says it expects an extraordinary loss of $125 million for Q2 of FY ending March 2016.Says the loss is recorded for the payment of settlement.  Full Article

NGK Spark Plug revises consolidated mid-year outlook for FY 2016
Monday, 28 Sep 2015 03:40am EDT 

NGK Spark Plug Co Ltd:Says the company remained the consolidated mid-year outlook for revenue at 190,800 million yen for FY ending March 2016.Operating profit forecast remained at 30,900 million yen.Ordinary profit forecast remained at 32,900 million yen.Net profit forecast decreased to 11,100 million yen from 21,300 million yen.Earnings per share decreased to 51.01 yen from 97.88 yen.Comments the extraordinary loss is the main reasons for the forecast.  Full Article

BRIEF-Ngk Spark Plug plans merger of ceramic unit

* Says it plans to merge with its wholly owned Gifu-based ceramic unit, effective on Jan. 1, 2017