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Kito Corp (6409.T)

6409.T on Tokyo Stock Exchange

1,140JPY
5 Dec 2016
Change (% chg)

¥-4 (-0.35%)
Prev Close
¥1,144
Open
¥1,125
Day's High
¥1,145
Day's Low
¥1,110
Volume
88,300
Avg. Vol
56,924
52-wk High
¥1,159
52-wk Low
¥681

Latest Key Developments (Source: Significant Developments)

KONECRANES FINANCE CORPORATION to cut stake in Kito to 0.4 pct from 22.7 pct
Tuesday, 27 Sep 2016 02:51am EDT 

Kito Corp <6409.T>: Says KONECRANES FINANCE CORPORATION to cut stake in the co to 0.4 percent from 22.7 percent .Says effective date Sep. 30.  Full Article

Kito cancels business and capital alliance with KONECRANES PLC and KONECRANES FINANCE CORPORATION
Monday, 26 Sep 2016 03:46am EDT 

Kito Corp <6409.T>: Says it canceled business and capital alliance with two Finland firms KONECRANES PLC and KONECRANES FINANCE CORPORATION on Sep. 26 .Says the co to use up to 6 billion yen to buy back up to 5.95 million shares from two Finland-based firms on Sep. 27.  Full Article

KITO completes acquisition of Australian company PWB Anchor Limited
Monday, 2 May 2016 02:00am EDT 

KITO CORP:On April 29, Kito executed a transfer of stock from Industrial Development Corporation of South Africa Limited, purchasing all the shares of Australian company Scaw Metals Pty. Ltd., which holds 100 pct stake of PWB Anchor Limited (PWBA).Says PWBA is a leading distributor for Kito in Australia, selling hoists and other Kito brand products, and manufactures chain products.Says transaction price for Scaw Metals is $6 mln (511 mln yen), (including expense).  Full Article

KITO completes acquisition of chain business via unit
Tuesday, 2 Feb 2016 01:00am EST 

KITO CORP:Says completes acquisition of chain and related business from Weissenfels Tech Chains through the co's wholly owned unit KITO Chain Italia, on Feb. 1.Acquisition amount is 6.5 million euro.  Full Article

KITO amends consolidated full-year outlook for FY 2015
Friday, 24 Apr 2015 02:00am EDT 

KITO CORP:Says the company reaffirmed the consolidated full-year outlook for revenue at 50,000 million yen for FY ended March 2015.Sees a decrease of operating profit forecast to 3,350 million yen from 4,800 million yen.Sees a decrease of ordinary profit forecast to 3,380 million yen from 4,600 million yen.Sees a decrease of net profit forecast to 1,900 million yen from 3,100 million yen.Sees a decrease of earnings per share to 72.67 yen from 118.67 yen.Comments the inclusion of new companies and decreased equipment investment demand and reversal of deferred tax assets are the main reasons for the forecast.  Full Article