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Tokyo Rope Mfg Co Ltd (5981.T)

5981.T on Tokyo Stock Exchange

1,668JPY
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¥14 (+0.85%)
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¥1,654
Open
¥1,657
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¥1,681
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¥1,652
Volume
78,000
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73,740
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¥2,260
52-wk Low
¥1,512

Latest Key Developments (Source: Significant Developments)

Tokyo Rope Mfg to set up JV in Russia
Thursday, 6 Jul 2017 02:52am EDT 

July 6 (Reuters) - Tokyo Rope Mfg Co Ltd <5981.T>:* Says it will set up JV, TR Engineering Ltd.,in Russia, with a Russia-based firm, which is engaged in design and construction of disaster prevention products, ski area and ski resorts.* The JV will be engaged in manufacture and sales of disaster prevention products.* Says the co and Russia-based firm will hold a 60 percent stake and a 40 percent stake in the JV respectively.  Full Article

Tokyo Rope Mfg to sell Jiangsu-based wholly owned unit
Monday, 3 Jul 2017 11:29pm EDT 

July 4 (Reuters) - Tokyo Rope Mfg Co Ltd <5981.T>:Says it plans to sell a Jiangsu-based wholly owned unit on Sept. 27, which is engaged in production and sales of cutting device.Says other details are undisclosed .  Full Article

Tokyo Rope Mfg to sell property in Kanagawa-ken
Monday, 27 Mar 2017 02:06am EDT 

Tokyo Rope Mfg Co Ltd <5981.T> : Says it will sell a Kanagawa-based property on March 30 .Expects profit from transaction at about 1.9 billion yen.  Full Article

Tokyo Rope Mfg to disslove machinery & equipment production unit
Monday, 26 Sep 2016 01:00am EDT 

Tokyo Rope Mfg Co Ltd <5981.T>:Says it plans to dissolve Iwate-based wholly owned unit, which is engaged in production and sales of machinery and equipment, in early February, 2017.  Full Article

Tokyo Rope Mfg lowers consolidated full-year net profit outlook for FY 2016
Monday, 25 Apr 2016 12:00am EDT 

Tokyo Rope Mfg Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 65,000 million yen from 73,500 million yen for the fiscal year ended March 31, 2016.Sees an increase of operating profit forecast to 4,300 million yen from 4,200 million yen.Sees a decrease of ordinary profit forecast to 3,000 million yen from 3,900 million yen.Sees a decrease of net profit forecast to 2,600 million yen from 3,000 million yen.Sees a decrease of earnings per share to 16.22 yen from 18.93 yen.FY 2016 revenues of 68.40 billion yen, net profit of 2.85 billion yen – Thomson Reuters I/B/E/S.Comments that decreased sales of carbon fiber cable and equipment for solar battery manufacturing is the main reason for the forecast.  Full Article

Tokyo Rope Mfg ups stake in unit
Monday, 18 Jan 2016 02:00am EST 

Tokyo Rope Mfg Co Ltd:Ups stake in its China-based unit to 83.2 pct from 75.3 pct via private placement plan offered by the unit.  Full Article