Key Developments: Tadano Ltd (6395.T)
1,241JPY
23 May 2013
¥-143 (-10.33%)
¥1,369
¥1,396
¥1,396
¥1,239
1,156,000
815,377
¥1,459
¥507
Latest Key Developments (Source: Significant Developments)
TADANO LTD to Issue Year-end Dividend for FY 2013
TADANO LTD announced that it has decided to issue a year-end dividend of JPY 7 per share, above the latest dividend forecast of JPY 5 per share, disclosed on April 27, 2012, to all the shareholders of record as of March 31, 2013, effective June 26, 2013. Full Article
R&I Affirms TADANO LTD's Rating at "A-"; Rating Outlook Stable
Rating and Investment Information, Inc. (R&I) announced that it has affirmed the rating on TADANO LTD at "A-". The rating outlook is stable. Full Article
TADANO LTD Amends Consolidated Full-year Outlook for FY 2013
TADANO LTD announced that it has reaffirmed the consolidated full-year outlook for revenue at JPY 485,000 million, but has raised the consolidated full-year outlook for operating profit from JPY 8,500 million to JPY 10,000 million, ordinary profit from JPY 7,500 million to JPY 10,000 million, net profit from JPY 4,700 million to JPY 5,500 million and earning per share from JPY 37.03 to JPY 43.33 for the fiscal year ending March 31, 2013. The positive outlook is mainly due to less-than-expected impact of high exchange rate. According to I/B/E/S Estimates, analysts on average were expecting the Company to report full-year revenue of JPY130.50 billion, operating profit of JPY 8.75 billion and net income of JPY 5.27 billion. Full Article
Tadano Ltd. Announces Misconduct of Subsidiary's Employee
Tadano Ltd. announced that it has formed an internal investigation committee to investigate on its subsidiary, TADANO America Corporation's Vice President and Director. The investigation committee concluded that the Vice President embezzled money from the subsidiary during the period from November 2010 to April 2012. The Company has fired the Vice President and filed for civil proceedings with local court on June 8, 2012 (American time). Full Article
Tadano Ltd. Raises Consolidated Full-year Outlook and Year-end Dividend Forecast for FY 2012
Tadano Ltd. announced that it has raised its consolidated full-year outlook for revenue from JPY 110,000 million to JPY 114,000 million, operating profit from JPY 4,200 million to JPY 5,800 million, ordinary profit from JPY 3,600 million to JPY 5,700 million, net profit from JPY 1,500 million to JPY 3,100 million and earning per share from JPY 11.81 to JPY 24.41, for the fiscal year ended March 2012. This is due to the increased sales as well as the improved sales cost ratio, among others. According to I/B/E/S Estimates, analysts were expecting the Company to report full-year revenue of JPY 110.45 billion and net profit of JPY 1.70 billion. The Company has also raised its year-end dividend forecast from JPY 5.00 per share announced on October 28, 2011, to JPY 7.00 per share, for the fiscal year ended March 2012. Full Article
R&I Affirms Rating on Tadano Ltd. at "A-"; Rating Outlook Stable
Rating and Investment Information, Inc. (R&I) announced that it has affirmed the rating on Tadano Ltd. at "A-". The rating outlook is stable. Full Article
Tadano Ltd. Amends Consolidated Full-year Outlook for FY 2012
Tadano Ltd. announced that it has maintained its consolidated full-year outlook for revenue of JPY 110,000 million, operating profit of JPY 4,200 million and ordinary profit of JPY 3,600 million, but lowered the outlook for net profit from JPY 2,000 million to JPY 1,500 million and earning per share from JPY 15.75 to JPY 11.81, for the fiscal year ending March 2012. This is due to the reversal of deferred tax assets, among others. Full Article
Tadano Ltd. Raises Year-end Dividend Outlook for FY Ending March 2012
Tadano Ltd. announced that it has raised its year-end dividend outlook from JPY 3.00 per share, which was announced on April 28, 2011, to JPY 5.00 per share, for the fiscal year ending March 2012. Full Article
Tadano Ltd. Amends Consolidated Mid-year and Full-year Guidance for FY 2012
Tadano Ltd. announced that the Company has raised the consolidated mid-year guidance for revenue from JPY 47,000 million to JPY 50,415 million, operating profit from JPY 200 million to JPY 2,193 million, ordinary profit from JPY 0 million to JPY 1,636 million, net profit from JPY 0 million to JPY 1,131 million and earning per share from JPY 0.00 to JPY 8.91 for the fiscal year ending March 31, 2012. The Company has reaffirmed the consolidated full-year guidance for revenue of JPY 110,000 million, and raised the guidance for operating profit from JPY 2,800 million to JPY 4,200 million, ordinary profit from JPY 2,500 million to JPY 3,600 million, net profit from JPY 1,500 million to JPY 2,000 million and earning per share from JPY 11.81 to JPY 15.75 for the fiscal year ending March 31, 2012. The Company raised the consolidated mid-year and full-year outlook due to increased demand for high place service vehicles, as well as decreased costs. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of JPY 131.10 billion and net profit of JPY 5.05 billion for the fiscal year ending March 31, 2012. Full Article
Tadano Ltd. Issues Consolidated Mid-year and Full-year Guidance for FY 2012
Tadano Ltd. announced that it has issued the consolidated mid-year guidance for revenue of JPY 47,000 million, operating profit of JPY 200 million, ordinary profit of JPY 0 million, net profit of JPY 0 million and earning per share of JPY 0.00 for the fiscal year ending March 31, 2012. The Company has issued the consolidated full-year guidance for revenue of JPY 110,000 million, operating profit of JPY 2,800 million, ordinary profit of JPY 2,500 million, net profit of JPY 1,500 million and earning per share of JPY 11.81 for the fiscal year ending March 31, 2012. According to Reuters Estimates, analysts on average were expecting the Company to report full-year revenue of JPY 110,000 million, operating profit of JPY 2,850 million and net profit of JPY 1,675 million. Full Article
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