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Nippon Denko Co Ltd (5563.T)

5563.T on Tokyo Stock Exchange

397JPY
30 Mar 2017
Change (% chg)

¥12 (+3.12%)
Prev Close
¥385
Open
¥388
Day's High
¥402
Day's Low
¥386
Volume
2,769,700
Avg. Vol
1,185,230
52-wk High
¥402
52-wk Low
¥150

Latest Key Developments (Source: Significant Developments)

Nippon Denko unit to sell 100 pct stake in VIETNAM RARE EARTH COMPANY LIMITED for $700,000
Wednesday, 29 Jun 2016 03:08am EDT 

Nippon Denko Co Ltd <5563.T>: Says its electronic unit will sell 100 percent stake in VIETNAM RARE EARTH COMPANY LIMITED, to SHENGHE RESOURCES (SINGAPORE) PTE. LTD. and a Chiba-based commercial company , for $700,000 in total .Says effective date on Sep. 30.  Full Article

Nippon Denko to issue year-end dividend for FY 2015
Friday, 26 Feb 2016 01:00am EST 

Nippon Denko Co Ltd:To issue a year-end dividend of 5 yen per share to all the shareholders of record as of Dec. 31, 2015 for FY ended Dec. 2015.Payment date March 31.Says latest dividend forecast was 5 yen per share.  Full Article

Nippon Denko announces business transaction amount of subsidiary
Friday, 19 Feb 2016 02:00am EST 

Nippon Denko Co Ltd:Says business transaction amount of subsidiary is 427 million yen, which was disclosed on Nov. 10, 2015.  Full Article

Nippon Denko revises year-end dividend forecast for FY 2015
Tuesday, 9 Feb 2016 01:00am EST 

Nippon Denko Co Ltd:Revises year-end dividend forecast to 5 yen per share from an undetermined value, for the fiscal year ended Dec. 2015.  Full Article

Nippon Denko lowers consolidated full-year outlook for FY 2015
Tuesday, 2 Feb 2016 01:00am EST 

Nippon Denko Co Ltd:Says the company lowered the consolidated full-year outlook for the FY ended Dec. 2015.Revenue forecast decreased to 83,000 million yen from 84,000 million yen.Operating profit forecast decreased to 2,000 million yen from 2,200 million yen.Ordinary profit forecast decreased to 200 million yen from 1,900 million yen.Net profit forecast decreased to a loss of 14,000 million yen from 600 million yen.Earnings per share decreased to a loss of 95.60 yen from 4.10 yen.Comments that non-operating expense and extraordinary loss are the main reasons for the forecast.  Full Article

Nippon Denko subsidiary to transfer business to sub-subsidiary and to sell sub-subsidiary
Tuesday, 10 Nov 2015 01:00am EST 

Nippon Denko Co Ltd:Tokyo-based subsidiary CHUO DENKI KOGYO CO.,LTD. to transfer manufacture and sales of magnet alloy business to its new wholly owned subsidiary that planned to be established on Dec. 1, planned effective Feb. 1, 2016.CHUO DENKI KOGYO CO.,LTD. to transfer 100 pct voting rights in its new subsidiary to SANTOKU CORPORATION and Sojitz Corporation, planned effective Feb. 1, 2016.Transaction amount to be decided.  Full Article

Nippon Denko announces business discontinuation of subsidiary
Tuesday, 10 Nov 2015 01:00am EST 

Nippon Denko Co Ltd:Announced business discontinuation of wholly owned sub-subsidiary VIETNAM RARE EARTH COMPANY LIMITED that has been engaged in recycling of rare earth.Planned effective Dec. 31.  Full Article

Nippon Denko lowers consolidated full-year outlook for FY 2015
Friday, 6 Nov 2015 01:00am EST 

Nippon Denko Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 84,000 million yen from 85,000 million yen for FY ending Dec. 2015.Sees a decrease of operating profit forecast to 2,200 million yen from 3,500 million yen.Sees a decrease of ordinary profit forecast to 1,900 million yen from 3,300 million yen.Sees a decrease of net profit forecast to 600 million yen from 2,000 million yen.Sees a decrease of earnings per share to 4.10 yen from 13.66 yen.Comments the sales decrease in alloy iron business is the main reason for the forecast.  Full Article

Nippon Denko lowers consolidated full-year revenue outlook for FY 2015
Thursday, 6 Aug 2015 02:00am EDT 

Nippon Denko Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 85,000 mln yen from 96,000 mln yen for the fiscal year ending Dec. 31, 2015.Sees a decrease of operating profit forecast to 3,500 mln yen from 4,000 mln yen.Sees a decrease of ordinary profit forecast to 3,300 mln yen from 3,600 mln yen.Confirms the net profit forecast at 2,000 mln yen.Confirms the earnings per share at 13.66 yen.Says revenue outlook lowered due to sluggish in sales of ferroalloys business.  Full Article

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