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Nitto Seiko Co Ltd (5957.T)

5957.T on Tokyo Stock Exchange

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97,781
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¥490
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¥261

Latest Key Developments (Source: Significant Developments)

Nitto Seiko to buy 51 pct stake in kyoei-seisaku
Wednesday, 10 Aug 2016 02:44am EDT 

Nitto Seiko <5957.T>: Says it will buy 51 pct voting rights in Nara-basee co kyoei-seisaku, at an undisclosed price, from an individual .Says transaction on Oct. 3.  Full Article

NITTO SEIKO raises consolidated mid-year and full-year outlook for FY 2015
Thursday, 6 Aug 2015 02:30am EDT 

NITTO SEIKO CO LTD:Says the company increased the consolidated mid-year outlook for revenue to 11,961 million yen from 11,890 million yen for FY ending Dec. 2015.Operating profit forecast increased to 952 million yen from 850 million yen.Ordinary profit forecast increased to 1,052 million yen from 920 million yen.Net profit forecast increased to 518 million yen from 430 million yen.Earnings per share increased to 13.60 yen from 11.28 yen.Says the company increased the consolidated full-year outlook for revenue to 25,055 million yen from 24,320 million yen for FY 2015.Operating profit forecast increased to 2,069 million yen from 1,840 million yen.Ordinary profit forecast increased to 2,208 million yen from 1,950 million yen.Net profit forecast increased to 1,152 million yen from 1,030 million yen.Earnings per share increased to 30.23 yen from 27.03 yen.Comments the sales increase of fastener business as the main reason for the forecast.  Full Article

NITTO SEIKO lowers consolidated mid-year and full year outlook for FY 2015
Thursday, 14 May 2015 02:30am EDT 

NITTO SEIKO CO LTD:Says the company lowered the consolidated mid-year outlook for revenue to 11,890 million yen from 12,900 million yen for FY ending Dec. 2015.Sees a decrease of operating profit forecast to 850 million yen from 1,140 million yen.Sees a decrease of ordinary profit forecast to 920 million yen from 1,220 million yen.Sees a decrease of net profit forecast to 430 million yen from 660 million yen.Sees a decrease of earnings per share to 11.28 yen from 17.32 yen.Says the company lowered the consolidated full-year outlook for revenue to 24,320 million yen from 26,800 million yen for FY ending Dec. 2015.Sees a decrease of operating profit forecast to 1,840 million yen from 2,530 million yen.Sees a decrease of ordinary profit forecast to 1,950 million yen from 2,700 million yen.Sees a decrease of net profit forecast to 1,030 million yen from 1,530 million yen.Sees a decrease of earnings per share to 27.03 yen from 40.14 yen.Comments the sales decrease in industrial machinery business and control business as the main reason for the forecast.  Full Article

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