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Meisei Electric Co Ltd (6709.T)

6709.T on Tokyo Stock Exchange

20 Oct 2017
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¥-2 (-1.74%)
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Latest Key Developments (Source: Significant Developments)

Meisei Electric appoints president and CEO
Thursday, 25 Feb 2016 04:30am EST 

Meisei Electric Co Ltd:Appoints Naruto Takata as president and CEO to replace Kiyoshi Ishii.Planned effective in late June.  Full Article

Meisei Electric lowers consolidated full-year outlook for FY 2016
Monday, 1 Feb 2016 11:00pm EST 

Meisei Electric Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 8,500 mln yen from 9,000 mln yen for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to 100 mln yen from 500 mln yen.Sees a decrease of ordinary profit forecast to 100 mln yen from 490 mln yen.Sees a decrease of net profit forecast to 150 mln yen from 350 mln yen.Sees a decrease of earnings per share to 1.13 yen from 2.64 yen.Comments the delay of order period and increased cost are the main reasons for the forecast.  Full Article