Key Developments: NTN Corp (6472.T)

6472.T on Tokyo Stock Exchange

741JPY
25 May 2015
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¥2 (+0.27%)
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Latest Key Developments (Source: Significant Developments)

NTN to pay year-end dividend for FY 2015
Wednesday, 13 May 2015 03:00am EDT 

NTN CORP:To pay year-end dividend of 3.5 yen per share, above latest dividend forecast of 2.5 yen per share, for fiscal year ended March 2015.Record date March 31 and effective date June 25.  Full Article

NTN and subsidiary receive notification from U.S Department of Justice Antitrust Division
Thursday, 26 Mar 2015 10:30pm EDT 

NTN CORP:The company and its U.S-based subsidiary received notification for investigation on deal of bearing from U.S Department of Justice Antitrust Division.  Full Article

NTN updates on sale of property
Wednesday, 25 Mar 2015 04:00am EDT 

NTN CORP:To sell the property located in Hyogo, Japan in late March.Plan disclosed on Oct. 22, 2013.  Full Article

NTN announces fine payment order
Wednesday, 4 Feb 2015 03:00am EST 

NTN CORP:Be imposed fine of 400 million yen by Tokyo District Court, due to its violation of Antitrust law.Says to file an appeal to Tokyo Supreme Court.  Full Article

NTN CORP raises consolidated full-year outlook for FY 2015
Friday, 31 Oct 2014 03:00am EDT 

NTN CORP:Says the company increased the consolidated full-year outlook for revenue to 673,000 million yen from 660,000 million yen for the fiscal year ending March 2015.Operating profit forecast increased to 42,000 million yen from 40,000 million yen.Ordinary profit forecast increased to 36,000 million yen from 33,000 million yen.Net profit forecast confirmed at 20,000 million yen.Earnings per share confirmed at 37.61 yen.FY 2015 revenues of 674.38 billion yen, net profit of 21.16 billion yen – Thomson Reuters I/B/E/S.Comments that the increased sales income of automobile is the main reason for the forecast.  Full Article

R&I affirms NTN CORP's rating at "A-" and changes outlook to stable
Monday, 27 Oct 2014 02:00am EDT 

NTN CORP:Rating and Investment Information, Inc. (R&I) affirmed NTN CORP's rating at "A-".Changed rating outlook to stable, from negative.  Full Article

NTN CORP receives surcharge order from National Development and Reform Commission of China
Tuesday, 19 Aug 2014 03:30am EDT 

NTN CORP:Received a surcharge order from National Development and Reform Commission of China on Aug. 19.Says it was required to pay a penalty of 119.16 million yuan (about 1,900 million yen).  Full Article

NTN CORP expects extraordinary loss for Q2 of FY 2015
Tuesday, 19 Aug 2014 03:30am EDT 

NTN CORP:Expects extraordinary loss of about 1,900 million yen as loss from surcharge order for Q2 of FY ending March 2015.  Full Article

NTN CORP receives surcharge order from Competition Commission of Singapore with subsidiary
Tuesday, 27 May 2014 08:00pm EDT 

NTN CORP:The company and subsidiary NTN BEARING-SINGAPORE(PTE)LTD. received a surcharge order from Competition Commission of Singapore on May 27.Two companies were required to pay a penalty of S$455,652 singapore dollar, or about 37 mln yen.  Full Article

NTN establishes new company in Mexico
Wednesday, 14 May 2014 10:00pm EDT 

NTN CORP:Established a new company NTN MANUFACTURING DE MEXICO, S.A.DE C.V. in Mexico, which is engaged in manufacture and sale of hub bearing and constant-velocity joint (CVJ).The company is holding 95 pct stake and NTN USA is holding 5 pct stake in the new company.  Full Article

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