Key Developments: Nishishiba Electric Co Ltd (6591.T)

6591.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Nishishiba Electric Co Ltd amends consolidated mid-year outlook for FY 2015
Thursday, 31 Jul 2014 01:00am EDT 

Nishishiba Electric Co Ltd:Says the company amended the consolidated mid-year outlook for the FY ending March 2015.Confirmed the revenue at 10,000 million yen.Operating profit forecast increased to 260 million yen from 160 million yen.Ordinary profit forecast increased to 240 million yen from 140 million yen.Net profit forecast increased to 110 million yen from 80 million yen.Earnings per share forecast increased to 2.82 yen from 2.05 yen.  Full Article

Nishishiba Electric Co Ltd announces factory construction
Friday, 20 Jun 2014 02:30am EDT 

Nishishiba Electric Co Ltd:Says to construct a factory in Hyogo, Japan, and says costs of 1,400 mln yen in total including 600 mln yen for steel frame construction and 800 mln yen for machinery equipments.Says operation will start from Oct. 2015.  Full Article

Nishishiba Electric announces change of president
Thursday, 8 May 2014 01:00am EDT 

Nishishiba Electric Co Ltd:Appoints Takao Kato as new president to replace Kiichiro Ito, effective June 27.  Full Article

Nishishiba Electric Co Ltd Amends Full-year Consolidated Outlook for FY 2014; Amend Year-end Dividend Forecast for FY 2014
Thursday, 31 Oct 2013 01:00am EDT 

Nishishiba Electric Co Ltd announced that it has lowered its full-year consolidated outlook for revenue from JPY 20,800 million to JPY 19,500 million, and raised its full-year consolidated outlook for operating profit from JPY 480 million to JPY 700 million, ordinary profit from JPY 430 million to JPY 660 million, net profit from JPY 250 million to JPY 390 million, and earnings per share from JPY 6.40 to JPY 9.99, for the fiscal year ending March 31, 2014. The Company lowered its full-year consolidated outlook for revenue mainly due to the decrease in orders from power generation and industrial system areas, and raised its full-year consolidated outlook for operating profit, ordinary profit and net profit mainly due to the reduction in cost. The Company has amended its year-end dividend forecast from an undetermined value to JPY 3.00 per share, for the same fiscal year.  Full Article

Nishishiba Electric Co Ltd Amends Consolidated Mid-year Forecast for FY 2014
Tuesday, 22 Oct 2013 03:30am EDT 

Nishishiba Electric Co Ltd announced that it has lowered the consolidated mid-year forecast for revenue from JPY 9,500 million to JPY 9,300 million but raised the forecast for operating profit from JPY 120 million to JPY 220 million, ordinary profit from JPY 100 million to JPY 220 million, net profit from JPY 80 million to JPY 120 million and earning per share from JPY 2.05 to JPY 3.07 for the fiscal year ending March 31, 2014. The Company amended the consolidated mid-year outlook due to decreased sales and decreased cost.  Full Article

Nishishiba Electric Co Ltd Amends Consolidated Mid-year Outlook for FY 2014
Wednesday, 31 Jul 2013 01:00am EDT 

Nishishiba Electric Co Ltd announced that it has lowered the consolidated mid-year outlook for revenue from JPY 9,700 million to JPY 9,500 million, but raised the outlook for operating profit from JPY 20 million to JPY 120 million, ordinary profit from JPY 0 million to JPY 100 million, net profit from JPY 0 million to JPY 80 million, earning per share from JPY 0 to 2.05 for the fiscal year ending March, 2014. The negative revenue outlook is mainly due to reduction of order for vessel motors and decrease of sales price. The positive profit outlook is mainly due to reduction of costs and improvement of productivity.  Full Article

Nishishiba Electric Co Ltd Amends Consolidated Full-year Outlook for FY 2013
Tuesday, 23 Apr 2013 03:30am EDT 

Nishishiba Electric Co Ltd announced that it has lowered the consolidated full-year outlook for revenue from JPY 20,800 million to JPPY 20,700 million, and raised the consolidated full-year outlook for operating profit from JPY 120 million to JPY 400 million, ordinary profit from JPY 100 million to JPY 420 million, net profit from JPY 30 million to JPY 190 million and earning per share from JPY 0.77 to JPY 4.87 for the fiscal year ended March 31, 2013. The positive profit outlook is mainly due to improvement of profitability and good performance of maintenance and service business.  Full Article

Nishishiba Electric Co Ltd Amends Year-end Dividend Forecast for FY 2013
Monday, 18 Mar 2013 03:30am EDT 

Nishishiba Electric Co Ltd announced that it has changed its year-end dividend forecast from an undetermined value announced on May 9, 2012, to JPY 0.00 per share, for the fiscal year ending March 2013.  Full Article

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