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Nabtesco Corp (6268.T)

6268.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Nabtesco names Kazuaki Kotani as chairman and Katsuhiro Teramoto as president
Tuesday, 31 Jan 2017 02:35am EST 

Nabtesco Corp <6268.T>: Says it names Kazuaki Kotani as chairman . Says it names Katsuhiro Teramoto as president and CEO .Says effective March 28.  Full Article

R&I affirms Nabtesco's rating at "A" and announces stable outlook – R&I
Friday, 7 Oct 2016 02:45am EDT 

Nabtesco Corp <6268.T>: Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A" – R&I .Rating outlook stable– R&I.  Full Article

Nabtesco to acquire shares of Nabco Systems
Friday, 26 Feb 2016 01:00am EST 

Nabtesco Corp:To buy 249,120 shares of Nabco Systems Co., Ltd. at 3,239 million yen from an individual and a Tokyo-based company on April 1.The company will raise stake in Nabco Systems Co., Ltd. to 80.1 pct from 37.9 pct due to the acquisition.  Full Article

Nabtesco to merge with Kanagawa-based subsidiary
Friday, 29 Jan 2016 02:00am EST 

Nabtesco Corp:To merge with a wholly owned Kanagawa-based subsidiary engaged in hydraulic equipment business.Effective April 1.  Full Article

Nabtesco lowers consolidated full-year outlook for FY 2015
Friday, 29 Jan 2016 02:00am EST 

Nabtesco Corp:Says the company lowered the consolidated full-year outlook for revenue to 186,800 million yen from 191,000 million yen for FY ended Dec. 2015.Sees a decrease of operating profit forecast to 15,000 million yen from 16,200 million yen.Sees a decrease of ordinary profit forecast to 16,100 million yen from 17,100 million yen.Sees a decrease of net profit forecast to 10,800 million yen from 11,400 million yen.Sees a decrease of earnings per share to 86.77 yen from 91.59 yen.Says impairment loss from subsidiary is the reason.  Full Article

Nabtesco to retire treasury shares
Monday, 28 Dec 2015 01:00am EST 

Nabtesco Corp:To retire 3,132,000 shares (2.46 pct of outstanding) of its common stock on Dec. 28.Says the total shares outstanding 125,133,799 shares after the retirement.  Full Article

Nabtesco lowers consolidated full-year outlook for FY 2015
Friday, 30 Oct 2015 03:00am EDT 

Nabtesco Corp:Says the company lowered the consolidated full-year outlook for revenue to 191,000 million yen from 200,000 million yen for the fiscal year ending Dec. 31, 2015.Sees a decrease of operating profit forecast to 16,200 million yen from 17,900 million yen.Sees a decrease of ordinary profit forecast to 17,100 million yen from 19,700 million yen.Sees a decrease of net profit forecast to 11,400 million yen from 13,400 million yen.Sees a decrease of earnings per share to 91.59 yen from 105.88 yen.FY 2015 revenues of 255.20 billion yen, net profit of 21.40 billion yen – Thomson Reuters I/B/E/S.Comments that decreased sales in Asia markets is the main reason for the forecast.  Full Article

R&I announces Nabtesco Corp's rating at "A" and stable outlook
Friday, 18 Sep 2015 02:00am EDT 

Nabtesco Corp:Rating and Investment Information, Inc. (R&I) announces the company's issuer rating at "A".Rating outlook stable.  Full Article

Nabtesco completes share repurchase
Monday, 6 Jul 2015 02:00am EDT 

Nabtesco Corp:Completes repurchase of 3,132,000 shares of its common stock, representing 2.46 pct of outstanding.Shares repurchased at the price of 9,999,764,500 yen in total, on July 3.  Full Article

Nabtesco updates share repurchase status
Wednesday, 1 Jul 2015 02:00am EDT 

Nabtesco Corp:Repurchased 2,543,300 shares for 8,182,322,000 yen in total from June 1 to June 30.Says this was part of the share repurchase plan announced on May 28.  Full Article

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