Seiko Epson Corp (6724.T)
Latest Key Developments (Source: Significant Developments)
May 18(Reuters) - Seiko Epson Corp <6724.T>:Says Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A" - R&I .Rating outlook stable - R&I . Full Article
Seiko Epson Corp <6724.T>: Says the co plans to take over part of watch sales business from wholly owned unit Orient .Says effective April 1. Full Article
Seiko Epson Corp <6724.T> : Says it plans to merge with its wholly owned property management unit(EID), effective on Feb. 1, 2017 . Says the unit will be dissolved after the transaction .Co will also forgive debts borrowed by the unit along with the merger. Full Article
Seiko Epson Corp <6724.T> : Says Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A" .Says rating outlook stable. Full Article
Seiko Epson Corp:To sell a plot of land based in Kanagawa at an undisclosed price in the end of December.Says the company lowered the consolidated full-year outlook for revenue to 1,100,000 mln yen from 1,130,000 mln yen for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to 82,000 mln yen from 102,000 mln yen.Sees a decrease of net profit forecast to 60,000 mln yen from 70,000 mln yen.Sees a decrease of earnings per share to 167.70 yen from 195.65 yen.Comments the sluggish in sales of core business as the main reason for the forecast. Full Article
TOKYO, July 11 Shares of Seiko Epson Corp soared to 2-1/2-year highs on Tuesday morning a day after Nikkei Inc said it would add the company's stock to the benchmark Nikkei 225 average, replacing scandal-hit Toshiba Corp.