Kato Works Co Ltd (6390.T) Key Developments | Reuters.com
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Kato Works Co Ltd (6390.T)

6390.T on Tokyo Stock Exchange

395JPY
24 Jun 2016
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Latest Key Developments (Source: Significant Developments)

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

KATO WORKS to issue year-end dividend for FY 2015
Tuesday, 12 May 2015 01:00am EDT 

KATO WORKS CO LTD:To issue a year-end dividend of 11.5 yen per share to all the shareholders of record as of March 31, for FY ended March 2015.Payment date June 29.Says latest dividend forecast was 7.5 yen per share.  Full Article

KATO WORKS CO LTD raises consolidated mid-year and full-year outlook and raises mid-year and year-end dividend forecast for FY 2015
Monday, 10 Nov 2014 01:00am EST 

KATO WORKS CO LTD:Says the company raised the consolidated mid-year outlook for revenue to 38,300 million yen from 36,000 million yen for the fiscal year ending March 31. 2015.Sees an increase of mid-year operating profit forecast to 3,900 million yen from 3,100 million yen.Sees an increase of mid-year ordinary profit forecast to 4,600 million yen from 3,300 million yen.Sees an increase of mid-year net profit forecast to 2,800 million yen from 1,800 million yen.Sees an increase of mid-year earnings per share to 47.78 yen from 30.71 yen.Says the company raised the consolidated full-year outlook for revenue to 80,000 million yen from 76,000 million yen for the fiscal year ending March 31. 2015.Sees an increase of full-year operating profit forecast to 8,000 million yen from 6,600 million yen.Sees an increase of full-year ordinary profit forecast to 8,800 million yen from 7,000 million yen.Sees an increase of full-year net profit forecast to 5,300 million yen from 4,000 million yen.Sees an increase of full-year earnings per share to 90.44 yen from 68.26 yen.Comments that the increased sales of crane for construction use is the main reason for the forecast.Sees mid-year and year-end dividend of 7.50 yen per share raised from 6.00 yen per share respectively, for the fiscal year ending March 31. 2015.  Full Article

KATO WORKS CO LTD to establish subsidiary in Thailand
Monday, 14 Jul 2014 05:10am EDT 

KATO WORKS CO LTD:To establish a wholly owned subsidiary named KATO WORKS (Thailand) LTD., based in Thailand expected in September.New subsidiary to be engaged in manufacturing and sale of construction machinery.New subsidiary to be capitalized at 1.2 billion baht or about 3.7 billion yen.  Full Article