Key Developments: Yaskawa Electric Corp (6506.T)

6506.T on Tokyo Stock Exchange

11 Jul 2014
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Latest Key Developments (Source: Significant Developments)

YASKAWA Electric Corp to fully acquire The Switch Engineering Oy
Wednesday, 2 Jul 2014 02:00am EDT 

YASKAWA Electric Corp:To fully acquire The Switch Engineering Oy that engaged in wind power for electrical equipment and so on, located in Finland, under business alliance with it.Amount is not disclosed.  Full Article

R&I affirms YASKAWA Electric’s rating at "A-" and rating outlook stable
Thursday, 17 Apr 2014 02:05am EDT 

YASKAWA Electric Corp:Rating and Investment Information, Inc. (R&I) has affirmed the rating on the company at "A-".The rating outlook is stable.  Full Article

YASKAWA Electric Corp and The Switch Engineering Corp. to Collaborate in Wind Turbine Market - Asahi Shimbun
Thursday, 3 Oct 2013 08:00pm EDT 

Asahi Shimbun reported that Yaskawa Electric Corp. has signed a collaboration agreement with The Switch Engineering Corp. of Finland to expand their joint portfolio of sales networks in the wind turbine field.  Full Article

YASKAWA Electric Corp In Partnership with Argo Medical Technologies Ltd - THE ASAHI SHIMBUN
Thursday, 26 Sep 2013 08:00pm EDT 

THE ASAHI SHIMBUN reported that Yaskawa Electric Corp has signed an agreement to form an alliance with Argo Medical Technologies Ltd. to accelerate development in exoskeleton technology for medical purposes.  Full Article

YASKAWA Electric Corp Raises Consolidated Mid-year Outlook for FY 2014
Thursday, 18 Jul 2013 03:00am EDT 

YASKAWA Electric Corp announced that it has raised its consolidated mid-year outlook for revenue from JPY 165,000 million to JPY 176,000 million, operating profit from JPY 8,500 million to JPY 12,500 million, ordinary profit from JPY 8,500 million to JPY 13,000 million, net profit from JPY 4,500 million to JPY 6,500 million and earning per share from JPY 17.88 to JPY 25.83, for the fiscal year ending March 2014. The Company raised the outlook due to the increased orders and the impact of the lower yen.  Full Article

R&I Affirms YASKAWA Electric Corp's Rating at "A-"; Rating Outlook Stable
Monday, 15 Apr 2013 02:00am EDT 

Rating and Investment Information, Inc. (R&I) announced that it has affirmed the rating on YASKAWA Electric Corp at "A-". The rating outlook is stable.  Full Article

YASKAWA Electric Corp Announces Change of Chairman
Wednesday, 23 Jan 2013 02:00am EST 

YASKAWA Electric Corp announced that it has appointed Junji Tsuda to replace Koji Toshima as Chairman of the Board, effective March 21, 2013.  Full Article

Japan Fund And Firms Including Yaskawa Electric Corporation Aim To Acquire Renesas Electronics Corp For $2.6 Billion-Reuters
Saturday, 13 Oct 2012 01:07am EDT 

Reuters reported that a Japan government fund is expected to partner with about 10 companies in hopes of buying Renesas Electronics Corp in a 200 billion yen ($2.55 billion) deal, the Nikkei business daily said. The taxpayer-funded Innovation Network Corp plans to invest 150 billion yen to acquire two-thirds of Renesas' shares on a voting rights basis, the Japanese newspaper said on Saturday. A consortium of Japanese companies including Canon Inc., Denso Corporation, Honda Motor Co., Ltd., Nikon Corporation, Nissan Motor Co., Ltd., Panasonic Corporation, Toyota Motor Corp and Yaskawa Electric Corporation, are also expected to invest a total of nearly 50 billion yen, the Nikkei said. German industrial group Robert Bosch GmbH is also considering an investment in the chipmaker, the Nikkei added.  Full Article

Nikkei edges up; caution over earnings, Ukraine caps gains

* Nikkei falls short of testing Monday's 2-week high * Yaskawa Elec tumbles after guidance disappoints * Investors awaiting upcoming earnings season * Ukraine tensions keep some investors on edge By Hideyuki Sano TOKYO, April 22 - Japanese shares advanced on Tuesday, taking heart from a solid session on Wall Street, but gains were limited below the two-week intraday high marked the previous day on caution over upcoming earnings reports and tensions in Ukraine.

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