Key Developments: Hokuetsu Metal Co Ltd (5446.T)
180JPY
23 May 2013
¥-3 (-1.64%)
¥176
¥182
¥183
¥180
8,000
21,917
¥193
¥140
Latest Key Developments (Source: Significant Developments)
HOKUETSU METAL Co Ltd Announces Payment of Mid-year Dividend for FY Ending March 31, 2013
HOKUETSU METAL Co Ltd announced that it has decided to pay a year-end dividend of JPY 2.50 per share, above the last forecast of JPY 2.00 per share, to all shareholders of record as of March 31, 2013, for the fiscal year ended March 31, 2013. The payment will be conducted on June 21, 2013. Full Article
HOKUETSU METAL Co Ltd Lowers Consolidated Full-year Outlook for FY 2013; Lowers Year-end Dividend Forecast for FY 2013
HOKUETSU METAL Co Ltd announced that it has lowered the consolidated full-year outlook for revenue from JPY 20,350 million to JPY 20,230 million, operating profit from JPY 550 million to JPY 430 million, ordinary profit from JPY 540 million to JPY 450 million, net profit from JPY 300 million to JPY 240 million and earning per share form JPY 15.14 to JPY 12.11 for the fiscal year ending March 31, 2013. The negative outlook is mainly due to the price increase of its major raw material iron scrap. The Company also announced that it has lowered the year-end dividend forecast from JPY 3 per share (disclosed on May 9, 2012) to JPY 2 per share, for the fiscal year ending March 31, 2013. Full Article
HOKUETSU METAL Co Ltd Completes Share Repurchase
HOKUETSU METAL Co Ltd announced that it has completed the share repurchase disclosed on December 19, 2012. The Company has repurchased 367,000 shares of its common stock, for JPY 58,353,000 in total, on December 20, 2012. Full Article
HOKUETSU METAL Co Ltd to Repurchase Shares
HOKUETSU METAL Co Ltd announced that it will repurchase up to 400,000 shares of its common stock, or approximately 2.01% of its total shares outstanding, on Tokyo Stock Exchange on December 20, 2012. The shares will be repurchased at the price of JPY 159 per share (the closing price on December 19, 2012), or JPY 63,600,000 in total. Full Article
HOKUETSU METAL Co Ltd Raises Consolidated Mid-year Outlook for FY Ending March 2013
HOKUETSU METAL Co Ltd announced that it has raised its consolidated mid-year outlook for revenue from JPY 10,310 million to JPY 10,360 million, operating profit from JPY 170 million to JPY 270 million, ordinary profit from JPY 170 million to JPY 270 million, net profit from JPY 70 million to JPY 160 million and earning per share from JPY 3.53 to JPY 8.06 for the fiscal year ending March 2013. This is due to the increased price of iron scrap. Full Article
Hokuetsu Metal Co., Ltd. Lowers Consolidated Mid-year Forecast and Amends Consolidated Full-year Forecast for FY 2013
Hokuetsu Metal Co., Ltd. announced that it has lowered the consolidated mid-year forecast for revenue from JPY 10,770 million to JPY 10,310 million, operating profit from JPY 270 million to JPY 170 million, ordinary profit from JPY 280 million to JPY 170 million, net profit from JPY 150 million to JPY 70 million and earning per share from JPY 7.54 to JPY 3.53 for the fiscal year ending March 31, 2013. The Company has lowered the consolidated full-year forecast for revenue from JPY 21,700 million to JPY 20,350 million, reaffirmed the forecast for operating profit of JPY 550 million, ordinary profit of JPY 540 million, net profit of JPY 300 million and raised the forecast for earning per share from JPY 15.08 to JPY 15.11 for the fiscal year ending March 31, 2013. The Company lowered the consolidated mid-year outlook due to decreased sales. However, the Company amended the consolidated full-year outlook due to expected improvement of product price during the last half of the fiscal year ending March 31, 2013. Full Article
Hokuetsu Metal Co., Ltd. Amends Year-end Dividend Forecast for FY 2012
Hokuetsu Metal Co., Ltd. announced that it has amended the year-end dividend forecast from an undetermined value to JPY 4.50 per share for the fiscal year ending March 2012. Full Article
Hokuetsu Metal Co., Ltd. Amends Consolidated Full-year Outlook for FY 2012
Hokuetsu Metal Co., Ltd. announced that it has lowered the consolidated full-year outlook for revenue from JPY 21,610 million to JPY 21,550 million, raised outlook for operating profit from JPY 440 million to JPY 590 million and ordinary profit from JPY 430 million to JPY 580 million, but has reaffirmed the outlook for net profit at JPY 240 million and earning per share at JPY 12.05 for the fiscal year ending March 31, 2012. The Company amended the full-year outlook due to decrease of raw material price. Full Article
Hokuetsu Metal Co., Ltd. Raises FY 2012 Outlook
Hokuetsu Metal Co., Ltd. announced that it has raised its consolidated full-year outlook for revenue from JPY 21,060 million to JPY 21,610 million, operating profit from JPY 330 million to JPY 440 million, ordinary profit from JPY 320 million to JPY 430 million, net profit from JPY 170 million to JPY 240 million and earning per share from JPY 8.54 to JPY 12.05 for the fiscal year ending March 31, 2012. This is due to the increased sale of products and the decreased iron scrap prices. Full Article
Hokuetsu Metal Co., Ltd. Changes Dividend Forecast for FY 2012
Hokuetsu Metal Co., Ltd. announced that it has changed its mid-term dividend forecast from an undetermined value to JPY 0.00 per share, but affirmed its year-end dividend forecast of an undetermined value, for the fiscal year ending March 2012. Full Article
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