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Daihen Corp (6622.T)

6622.T on Tokyo Stock Exchange

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¥672
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¥684
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¥687
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¥677
Volume
316,000
Avg. Vol
361,289
52-wk High
¥782
52-wk Low
¥425

Latest Key Developments (Source: Significant Developments)

Daihen raises consolidated mid-year and full-year outlook for FY 2016
Monday, 2 Nov 2015 03:30am EST 

Daihen Corp:Says the company increased the consolidated mid-year outlook for revenue to 60,500 mln yen from 60,000 mln yen, for the fiscal year ending March 31, 2016.Operating profit forecast increased to 4,300 mln yen from 4,000 mln yen.Ordinary profit forecast increased to 4,300 mln yen from 4,200 mln yen.Net profit forecast increased to 4,000 mln yen from 2,700 mln yen.Earnings per share increased to 31.35 yen from 21.16 yen.Says the company increased the consolidated full-year outlook for revenue to 132,000 mln yen from 125,000 mln yen, for the fiscal year ending March 31, 2016.Operating profit forecast increased to 9,200 mln yen from 9,000 mln yen.Confirms the ordinary profit forecast at 9,500 mln yen.Net profit forecast increased to 7,000 mln yen from 6,000 mln yen.Earnings per share increased to 54.86 yen from 47.02 yen.Comments the acquisition of shares in China-based company as the main reason for the forecast.  Full Article

Daihen completes acquisition shares in The Chugoku Electric Manufacturing from The Chugoku Electric Power
Tuesday, 30 Jun 2015 10:00pm EDT 

Daihen Corp:Completes acquisition of 18,000 shares in The Chugoku Electric Manufacturing Company, Incorporated from The Chugoku Electric Power Co., Inc. at the price of 2,119 mln yen, on July 1.Says the company raises voting power in The Chugoku Electric Manufacturing to 60 pct (18,000 shares) from 0 pct.Plan disclosed on Feb. 4.  Full Article

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