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Shinko Wire Co Ltd (5660.T)

5660.T on Tokyo Stock Exchange

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¥152
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¥119

Latest Key Developments (Source: Significant Developments)

Shinko Wire to transfer real estate; expects extraordinary loss for FY 2016
Tuesday, 23 Feb 2016 01:00am EST 

Shinko Wire Co Ltd:To sell Osaka-based real estate (land of 1,249.17 square meters and building of 848.91 square meters) in late March.Says it expects an extraordinary loss of 263 million yen for FY ending March 2016.Says the loss is recorded for the transfer of real estate.  Full Article

Shinko Wire amends consolidated mid-year outlook for FY 2016
Tuesday, 27 Oct 2015 02:00am EDT 

Shinko Wire Co Ltd:Says the company amended the consolidated mid-year outlook for the FY ending March 2016.Revenue forecast decreased to 14,550 million yen from 15,000 million yen.Operating profit forecast increased to 850 million yen from 750 million yen.Ordinary profit forecast increased to 420 million yen from 350 million yen.Net profit forecast increased to 95 million yen from 80 million yen.Earnings per share forecast increased to 1.82 yen from 1.53 yen.Comments that decreased sales and cost reduction are the main reasons for the forecast.  Full Article

Shinko Wire raises consolidated mid-year and full-year outlook for FY 2015
Tuesday, 8 Sep 2015 02:30am EDT 

Shinko Wire Co Ltd:Says the company increased the consolidated mid-year outlook for revenue to 15,000 mln yen from 14,600 mln yen, for the fiscal year ending Sep. 30, 2015.Operating profit forecast increased to 750 mln yen from 460 mln yen.Ordinary profit forecast increased to 350 mln yen from 300 mln yen.Net profit forecast decreased to 80 mln yen from 130 mln yen.Sees a decrease of earnings per share to 1.53 yen from 2.49 yen.Says the company reaffirmed the consolidated mid-year outlook for revenue at 30,000 mln yen for the fiscal year ending Sep. 30, 2015.Operating profit forecast increased to 1,800 mln yen from 1,390 mln yen.Ordinary profit forecast increased to 1,200 mln yen from 1,100 mln yen.Net profit forecast increased to 600 mln yen from 580 mln yen.Earnings per share increased to 11.52 yen from 11.14 yen.  Full Article

Shinko Wire amends consolidated full-year outlook for FY 2015
Friday, 24 Apr 2015 02:30am EDT 

Shinko Wire Co Ltd:Says the company reaffirmed the consolidated full-year outlook for revenue at 28,700 million yen for FY ended March 2015.Operating profit forecast increased to 1,210 million yen from 1,090 million yen.Ordinary profit forecast increased to 880 million yen from 720 million yen.Net profit forecast increased to 250 million yen from 160 million yen.Earnings per share increased to 4.8 yen from 3.07 yen.Comments the costs reduction as the main reason for the forecast.  Full Article

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