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Toyo Engineering Corp (6330.T)

6330.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Toyo Engineering to sell property and expects extraordinary profit for FY 2016
Thursday, 24 Mar 2016 10:30pm EDT 

Toyo Engineering Corp:To sell a Chiba-based property (land) at price of 2.1 billion yen on March 30.Says it expects an extraordinary profit of 2.1 billion yen recorded as gain on sale of property for fiscal year ending March 2016.  Full Article

Toyo Engineering amends consolidated full year outlook for FY 2016
Thursday, 12 Nov 2015 09:30pm EST 

Toyo Engineering Corp:Says the company lowered the consolidated full-year outlook for revenue to 330,000 mln yen from 340,000 mln yen for the fiscal year ending March 31, 2016.Operating profit forecast increased to 7,500 mln yen from 2,500 mln yen.Ordinary profit forecast increased to 5,500 mln yen from 4,500 mln yen.Confirms the net profit forecast at 3,000 mln yen.Confirms the earnings per share at 15.65 yen.Says operating profit and ordinary profit raised due to cost reduction.  Full Article

Toyo Engineering cancels year-end dividend for FY 2015
Wednesday, 13 May 2015 11:15pm EDT 

Toyo Engineering Corp:Resolved to cancel the year-end dividend for FY ended March 2015.Latest dividend forecast was 4 yen per share.  Full Article

Toyo Engineering sells properties and subsidiary; expects extraordinary profit and loss for FY 2015
Thursday, 19 Mar 2015 02:00am EDT 

Toyo Engineering Corp:Sells three properties owned by subsidiary and the company for 4 bln yen, 10.7 bln yen and 2 bln yen respectively, on March 19.Sells 24,000 shares of wholly owned subsidiary for about 0.4 bln yen in all on March 19.After the transaction, the company holds no stake in the subsidiary, down from 100 pct.Expects to record 6.9 bln yen extraordinary profit, as well as 2.6 bln yen extraordinary loss for the fiscal year ending March 2015.  Full Article

Toyo Engineering announces resignation of president
Friday, 6 Mar 2015 01:00am EST 

Toyo Engineering Corp:Announces Katsumoto Ishibashi will resign from the position of President of the company on April 1.  Full Article

Toyo Engineering to transfer real estate, to transfer stake in subsidiary and expects extraordinary profit and loss for FY 2015
Friday, 20 Feb 2015 01:00am EST 

Toyo Engineering Corp:To transfer three Chiba-based real estate owned by the company and a Chiba-based subsidiary.To transfer 100 pct stake (24,000 shares) of the Chiba-based subsidiary.Transfer date March 19.Says it expects an extraordinary profit of 7.1 billion yen and extraordinary loss of 2.9 billion yen for FY ending March 2015.  Full Article

Toyo Engineering amends consolidated full-year outlook for FY 2015; announces officer change
Friday, 6 Feb 2015 01:00am EST 

Toyo Engineering Corp:Says the company increased the consolidated full-year outlook for revenue to 330,000 million yen from 310,000 million yen for FY ending March 2015.Sees a decrease of operating profit forecast to a loss of 7,000 million yen from 2,000 million yen.Sees a decrease of ordinary profit forecast to a loss of 4,000 million yen from 6,000 million yen.Sees a decrease of net profit forecast to 0 yen from 3,000 million yen.Sees a decrease of earnings per share to 0 yen from 15.65 yen.Comments the yen devaluation and loss from sale of securities the main reasons for the forecast.Appoints Kiyoshi Nakao as the new president of the company, to replace Katsumoto Ishibashi.Effective date April 1.  Full Article

BRIEF-National Chemical awards contract to Toyo Engineering for fertilizer production complex - Nikkei

* National Chemical Group chose Toyo Engineering as contractor for a fertilizer production complex planned for Nakhodka - Nikkei