Key Developments: Noritz Corp (5943.T)

5943.T on Tokyo Stock Exchange

2,309JPY
30 Jun 2015
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¥15 (+0.65%)
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Latest Key Developments (Source: Significant Developments)

NORITZ CORP completes acquisition of Dux Manufacturing Limited and Warapave Pty Ltd, from GWA Group Ltd
Thursday, 18 Dec 2014 09:30pm EST 

NORITZ CORP:Completed acquisition of Dux Manufacturing Limited and Warapave Pty Ltd, from GWA Group Ltd on Dec. 19.  Full Article

NORITZ CORP to acquire to acquire Dux Manufacturing Limited and Warapave Pty Ltd
Tuesday, 25 Nov 2014 06:50pm EST 

NORITZ CORP:To acquire Dux Manufacturing Limited and Warapave Pty Ltd, from GWA Group Ltd for about 4,700 mln yen.Dux is engaged in production and sale of tank water heaters.Transaction date is expected to be in December.To set up a special purpose company in Australia for the acquisition.  Full Article

NORITZ CORP amends consolidated full-year outlook for FY 2014
Tuesday, 11 Nov 2014 01:00am EST 

NORITZ CORP:Says the company amended the consolidated full-year outlook for the FY ending Dec. 2014.Confirmed the revenue at 220,000 million yen.Operating profit forecast decreased to 7,500 million yen from 10,500 million yen.Ordinary profit forecast decreased to 9,000 million yen from 11,200 million yen.Net profit forecast decreased to 3,900 million yen from 5,800 million yen.Earnings per share decreased to 81.56 yen from 121.29 yen.FY 2014 revenues of 218.70 billion yen, net income of 5.75 billion yen – Thomson Reuters I/B/E/S.Comments that increased consumption tax rate is the main reason for the forecast.  Full Article

NORITZ CORP expects extraordinary loss for Q2 of FY 2014
Tuesday, 5 Aug 2014 02:00am EDT 

NORITZ CORP:Expects extraordinary loss of 1,944 million yen for Q2 of FY ending Dec. 2014.  Full Article

NORITZ CORP amends consolidated full-year outlook for FY 2014
Tuesday, 5 Aug 2014 02:00am EDT 

NORITZ CORP:Says the company reaffirmed the consolidated full-year outlook for revenue at 220,000 million yen for FY ending Dec. 2014.Confirms the operating profit forecast at 10,500 million yen.Confirms the ordinary profit forecast at 11,200 million yen.Sees a decreased net profit forecast to 5,800 million yen from 6,800 million yen.Sees a decrease of earnings per share to 121.29 yen from 142.20 yen per share.FY 2014 revenues of 218.33 billion yen, reported net profit of 6.33 billion yen – Thomson Reuters I/B/E/S.Comments the accident loss in Q2 is the main reason for the forecast.  Full Article

NORITZ announces component replacement for drier machine of subsidiary
Thursday, 29 May 2014 03:30am EDT 

NORITZ CORP:To provide free service to replace components of part of drier machine produced by subsidiary, which may cause fire accident with remote control operation after error number 68 appears.  Full Article

NORITZ CORP Completes Acquisition of Sakura(Cayman)Co.,Ltd.
Monday, 22 Jul 2013 09:00pm EDT 

NORITZ CORP announced that it has completed the acquisition of a 55% stake in Sakura(Cayman)Co.,Ltd., on July 22, 2013. Sakura(Cayman)Co.,Ltd. became a subsidiary of the Company after the transaction. This was previously disclosed on January 21, 2013.  Full Article

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