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Kato Works Co Ltd (6390.T)

6390.T on Tokyo Stock Exchange

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¥3,325
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Latest Key Developments (Source: Significant Developments)

Kato Works fully acquires IHI Construction Machinery Limited
Friday, 25 Nov 2016 04:19am EST 

Kato Works Co Ltd <6390.T>: Says it completed full acquisition of IHI Construction Machinery Limited on Nov. 25 .Says previous plan disclosed on Oct. 25.  Full Article

KATO WORKS announces decease of chairman
Thursday, 25 Feb 2016 07:00pm EST 

KATO WORKS CO LTD:Says the co's chairman of the board Masao Kato has passed away on Feb. 22.  Full Article

KATO WORKS lowers consolidated mid-year and full-year outlook for FY 2016
Friday, 7 Aug 2015 02:00am EDT 

KATO WORKS CO LTD:Says the company lowered the consolidated mid-year outlook for revenue to 37,000 million yen from 40,000 million yen for FY ending March 2016.Sees a decrease of operating profit forecast to 2,800 million yen from 4,000 million yen.Sees a decrease of ordinary profit forecast to 3,300 million yen from 4,300 million yen.Sees a decrease of net profit attributable to parent company's shareholders forecast to 2,200 million yen from 2,700 million yen.Sees a decrease of earnings per share to 37.54 yen from 46.08 yen.Says the company lowered the consolidated full-year outlook for revenue to 80,000 million yen from 83,000 million yen for FY ending March 2016.Sees a decrease of operating profit forecast to 7,100 million yen from 8,300 million yen.Sees a decrease of ordinary profit forecast to 7,700 million yen from 8,900 million yen.Sees a decrease of net profit attributable to parent company's shareholders forecast to 5,000 million yen from 5,600 million yen.Sees a decrease of earnings per share to 85.33 yen from 95.56 yen.Comments the sales decrease of hydraulic shovel in China as the main reason for the forecast.  Full Article

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