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Nippon Piston Ring Co Ltd (6461.T)

6461.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

R&I affirms Nippon Piston Ring's rating at "BBB-" and says stable outlook
Wednesday, 11 May 2016 02:06am EDT 

Nippon Piston Ring Co Ltd <6461.T>: Says Rating and Investment Information, Inc. (R&I) affirmed the company's issuer rating at "BBB-" .Says rating outlook stable.  Full Article

Nippon Piston Ring raises consolidated mid-year outlook for FY 2016
Friday, 7 Aug 2015 01:30am EDT 

Nippon Piston Ring Co Ltd:Says the company raised the consolidated mid-year outlook for the FY ending March 2016.Revenue forecast increased to 26,000 million yen from 25,200 million yen.Operating profit forecast increased to 1,100 million yen from 800 million yen.Ordinary profit forecast increased to 1,050 million yen from 730 million yen.Net profit forecast increased to 700 million yen from 600 million yen.Earnings per share forecast increased to 8.51 yen from 7.30 yen.Comments that increased sales and increased production effect are the main reasons for the forecast.  Full Article

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