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Sanken Electric Co Ltd (6707.T)

6707.T on Tokyo Stock Exchange

619JPY
21 Jul 2017
Change (% chg)

¥28 (+4.74%)
Prev Close
¥591
Open
¥593
Day's High
¥619
Day's Low
¥591
Volume
3,450,000
Avg. Vol
1,346,289
52-wk High
¥619
52-wk Low
¥288

Latest Key Developments (Source: Significant Developments)

Sanken Electric consolidated subsidiary SKN to issu new shares to OEP through private placement
Tuesday, 18 Jul 2017 02:35am EDT 

July 18(Reuters) - Sanken Electric Co Ltd <6707.T>:Says its consolidated subsidiary Sanken North America Inc (SKN) will issue 2.9 million new shares to One Equity Partners(OEP) through private placement, with a payment date on Aug. 24 (U.S. time).Says OEP will hold 28.8 percent stake in SKN after the share issuance .  Full Article

R&I affirms Sanken Electric Co Ltd's rating at "BBB+" and changes outlook to negative from stable -R&I
Wednesday, 24 Aug 2016 02:00am EDT 

Sanken Electric Co Ltd <6707.T> : Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "BBB+" -R&I .Rating outlook changed to negative from stable -R&I.  Full Article

Sanken Electric to issue unsecured bond
Tuesday, 8 Mar 2016 01:00am EST 

Sanken Electric Co Ltd:To offer a 15 billion yen worth 10th unsecured bond through public offering.Says each bonds worth 100 million yen.Bonds interest rate at 0.59 pct, and maturity on March 15, 2019.Subscription date on March 8 and payment date on March 15.Says four securities companies are co-leading underwriters of the unsecured bond issue.  Full Article

Sanken Electric lowers consolidated full-year outlook for FY 2016
Monday, 8 Feb 2016 02:00am EST 

Sanken Electric Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 157,800 mln yen from 162,000 mln yen for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to 6,000 mln yen from 8,000 mln yen.Sees a decrease of ordinary profit forecast to 3,800 mln yen from 6,000 mln yen.Sees a decrease of net profit forecast to 200 mln yen from 2,500 mln yen.Sees a decrease of earnings per share to 1.65 yen from 20.62 yen.Comments the market condition as the main reason for the forecast.  Full Article

Sanken Electric lowers consolidated full-year outlook for FY 2016
Thursday, 5 Nov 2015 01:00am EST 

Sanken Electric Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 162,000 mln yen from 172,000 mln yen for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to 8,000 mln yen from 13,000 mln yen.Sees a decrease of ordinary profit forecast to 6,000 mln yen from 11,700 mln yen.Sees a decrease of net profit forecast to 2,500 mln yen from 8,100 mln yen.Sees a decrease of earnings per share to 20.62 yen from 66.80 yen.FY 2016 revenues of 164.48 billion yen, net income of 4.88 billion yen – Thomson Reuters I/B/E/S.Comments the dim market condition for the demand of its products as the main reason for the forecast.  Full Article

R&I affirms Sanken Electric Co Ltd's rating at "BBB+" and announces stable outlook
Monday, 24 Aug 2015 02:00am EDT 

Sanken Electric Co Ltd:R&I affirms Sanken Electric Co Ltd's rating at "BBB+" and announces stable outlook.  Full Article

BRIEF- Sanken Electric consolidated subsidiary SKN to issu new shares to OEP through private placement

* Says its consolidated subsidiary Sanken North America Inc (SKN) will issue 2.9 million new shares to One Equity Partners(OEP) through private placement, with a payment date on Aug. 24 (U.S. time)