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Chofu Seisakusho Co Ltd (5946.T)

5946.T on Tokyo Stock Exchange

2,618JPY
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¥36 (+1.39%)
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¥2,582
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¥2,600
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¥2,634
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¥2,589
Volume
15,700
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15,966
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¥2,946
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¥2,315

Latest Key Developments (Source: Significant Developments)

Chofu Seisakusho announces business and capital alliance with NORITZ
Friday, 11 Dec 2015 01:00am EST 

Chofu Seisakusho Co Ltd:Formed a business and capital alliance with NORITZ CORP on Dec. 11.Says two entities will cooperate on commutative supply of products, joint development of product and mutual complement of after-sales service.Chofu Seisakusho to acquire 1,524,000 shares (3 pct stake) of NORITZ during Dec. 11 to Dec. 10, 2016.NORITZ to acquire 1,079,000 shares (3 pct stake) of Chofu Seisakusho during Dec. 11 to Dec. 10, 2016.  Full Article

Chofu Seisakusho lowers consolidated mid-year and full-year outlook for FY 2015
Friday, 17 Jul 2015 02:00am EDT 

Chofu Seisakusho Co Ltd:Says the company lowered the consolidated mid-year outlook for revenue to 19,000 million yen from 22,200 million yen for the fiscal year ended Dec. 31, 2015.Sees a decrease of mid-year operating profit forecast to 200 million yen from 1,500 million yen.Sees a decrease of mid-year ordinary profit forecast to 1,700 million yen from 2,700 million yen.Sees a decrease of mid-year net profit forecast to 900 million yen from 1,900 million yen.Sees a decrease of mid-year earnings per share to 25.91 yen from 54.69 yen.Says the company lowered the consolidated full-year outlook for revenue to 43,000 million yen from 48,000 million yen for the fiscal year ended Dec. 31, 2015.Sees a decrease of full-year operating profit forecast to 2,400 million yen from 4,200 million yen.Sees a decrease of full-year ordinary profit forecast to 5,000 million yen from 6,900 million yen.Sees a decrease of full-year net profit forecast to 3,100 million yen from 4,700 million yen.Sees a decrease of full-year earnings per share to 89.23 yen from 135.29 yen.Comments that decreased demand and decreased sales of new housing construction business are the main reasons for the forecast.  Full Article