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Neturen Co Ltd (5976.T)

5976.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Neturen to acquire Korea-based company for 1,620 mln yen
Thursday, 11 May 2017 02:50am EDT 

May 11 (Reuters) - Neturen Co Ltd <5976.T>: :* Says it will purchase 92,330 additional shares of a Korea-based company, which has been engaged in the manufacturing and sales of heat treater and heating coil.* Says it will hold 91 percent stakes (182,000 shares) in the Korea-based company, up from 44.8 percent (89,670 shares) .* Effective date June 9 .  Full Article

Neturen to retire 2.07 pct stake of shares
Tuesday, 7 Mar 2017 01:18am EST 

Neturen Co Ltd <5976.T> :Says it plans to retire 2.07 pct stake of shares (923,430 shares) on March 17.  Full Article

Teturen to retire treasury shares of 2.1 pct stake
Tuesday, 7 Mar 2017 01:15am EST 

Teturen Co Ltd <5976.T>: Says it will retire 923,430 shares (2.1 percent stake) of its common stock on March 17 .Says the total shares outstanding will be 43,790,500 shares after the retirement.  Full Article

Neturen buys 976,800 shares back at 872.3 mln yen
Tuesday, 6 Dec 2016 08:10pm EST 

Neturen Co Ltd <5976.T> :Says it repurchased 976,800 shares via ToSTNeT-3 at 872.3 million yen on Dec. 7.  Full Article

Neturen lowers consolidated full-year outlook for FY 2016
Thursday, 4 Feb 2016 01:30am EST 

Neturen Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 43,400 million yen from 49,000 million yen for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to 2,100 million yen from 2,900 million yen.Sees a decrease of ordinary profit forecast to 2,700 million yen from 3,400 million yen.Sees a decrease of net profit forecast to 1,600 million yen from 1,900 million yen.Sees a decrease of earnings per share to 37.54 yen from 44.58 yen.Comments that decreased sales of construction machinery and civil engineering machinery business is the main reason for the forecast.  Full Article

Neturen lowers consolidated full-year outlook for FY 2016
Thursday, 4 Feb 2016 01:00am EST 

Neturen Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 43,400 mln yen from 49,000 mln yen for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to 2,100 mln yen from 2,900 mln yen.Sees a decrease of ordinary profit forecast to 2,700 mln yen from 3,400 mln yen.Sees a decrease of net profit forecast to 1,600 mln yen from 1,900 mln yen.Sees a decrease of earnings per share to 37.54 yen from 44.58 yen.Comments the lower order volume in construction related business as the main reason for the forecast.  Full Article