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Okabe Co Ltd (5959.T)

5959.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Okabe buys back 221,600 shares for 185.2 mln yen in September
Wednesday, 5 Oct 2016 10:38pm EDT 

Okabe Co Ltd <5959.T>: Says it repurchased 221,600 shares for 185.2 million yen in total in September . Says this was part of the share repurchase plan announced on Aug. 19 .Says it accumulatively repurchased 406,300 shares for 338.1 million yen in total as of Sep. 30.  Full Article

Okabe completes sale of two hotel units on Sept.6
Tuesday, 6 Sep 2016 02:07am EDT 

Okabe Co Ltd <5959.T> : Says it completes sale of two hotel units on Sept.6 .Plan was disclosed on July 28.  Full Article

Okabe to repurchase 1.2 mln shares
Friday, 19 Aug 2016 02:00am EDT 

Okabe <5959.T>: Says it will repurchase up to 1,200,000 shares, representing a 2.4 percent stake, during Aug. 22 to Nov. 30 .Says share repurchase up to 1 billion yen in total.  Full Article

Okabe to sell hotel business units at 16.3 bln yen
Thursday, 28 Jul 2016 02:00am EDT 

Okabe Co Ltd <5959.T>: Says it signed transaction agreement with a Canada-based co that wholly owned by a Japan-based co on July 28 .Says it to sell two units regarding hotel business at 16.3 billion yen planned in the early of September, based on the transaction agreement.  Full Article

OKABE completes share repurchase
Wednesday, 26 Aug 2015 02:00am EDT 

OKABE CO LTD:Completed repurchase of 1,500,000 shares of its common stock.Shares repurchased at the price of 1,558,229,000 yen in total.Share repurchase period from Aug. 3 to Aug. 25.  Full Article

OKABE lowers consolidated full-year outlook for FY 2015 and affirms annual dividend forecast for FY 2015
Friday, 31 Jul 2015 02:00am EDT 

OKABE CO LTD:Says the company lowered the consolidated full-year outlook for revenue to 72,100 mln yen from 77,000 mln yen for the fiscal year ending Dec. 31, 2015.Sees a decrease of operating profit forecast to 6,860 mln yen from 7,950 mln yen.Sees a decrease of ordinary profit forecast to 7,000 mln yen from 8,000 mln yen.Sees a decrease of net profit forecast to 4,500 mln yen from 4,900 mln yen.Sees a decrease of earnings per share to 85.78 yen from 93.41 yen.Comments the delay of construction starts in domestic construction related products business, and sluggish in sales of construction equipment products are the main reasons for the forecast.Confirms annual dividend forecast of 24 yen per share for fiscal year ending Dec. 31, 2015.  Full Article

OKABE to repurchase shares and to retire treasury shares
Friday, 31 Jul 2015 02:00am EDT 

OKABE CO LTD:To repurchase up to 1,500,000 shares, representing 2.86 pct of outstanding.Says share repurchase up to 1,950,000,000 yen in total.Says repurchase period from Aug.3 to Oct. 31.To retire 1,500,000 shares (2.71 pct of outstanding) of its common stock on Jan. 31.Says the total shares outstanding 53,790,632 shares after the retirement.  Full Article

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