Key Developments: Ulvac Inc (6728.T)
1,105JPY
24 May 2013
¥28 (+2.60%)
¥1,040
¥1,121
¥1,157
¥1,040
825,900
577,885
¥1,335
¥375
Latest Key Developments (Source: Significant Developments)
R&I Withdraws Rating on Ulvac Inc
Rating and Investment Information, Inc. (R&I) announced that it has withdrawn the rating on Ulvac Inc of "BB". Full Article
R&I Affirms Rating on Ulvac Inc at "BB"; Rating Outlook Negative; Removes Rating Monitor from Ulvac Inc
Rating and Investment Information, Inc. (R&I) announced that it has affirmed the rating on Ulvac Inc at "BB". The rating outlook is negative. R&I has also removed rating monitor from Ulvac Inc. Full Article
ULVAC, INC. Announces Outcome of Early Retirement Program; Expect Extraordinary Loss for FY 2012
ULVAC, INC. announced that 879 employees took up the offer of an early retirement program disclosed on April 26, 2012. The employees who took up the offer will be supported with special benefits and outplacement support. They will retire on June 30, 2012. The Company is expecting an extraordinary loss of approximately JPY 5.3 billion due to this development, for the fiscal year ending June 2012. Full Article
R&I Places ULVAC, INC. on Rating Monitor With View to Downgrading; Downgrades Rating on ULVAC, INC. to "BB"
Rating and Investment Information, Inc. (R&I) announced that it has placed ULVAC, INC. on the rating monitor with a view to downgrading. R&I downgraded the rating on ULVAC, INC. from "BBB-" to "BB". Full Article
ULVAC, INC. Announces Officer Changes
ULVAC, INC. announced that it has appointed Hidenori Suwa, who will replace Kyuzo Nakamura, as the new Chairman of the Board in the Company, and Hisaharu Obinata, who will replace Hidenori Suwa, as the new President of the Company, effective July 1, 2012. Full Article
R&I Downgrades Rating on ULVAC, INC. to "BBB-" and Places Rating for ULVAC, INC. on Rating Monitor With View to Downgrading
Rating and Investment Information, Inc. (R&I) announced that it has downgraded the rating on ULVAC, INC. from "BBB" to "BBB-", and has placed the rating for ULVAC on the rating monitor with a view to downgrading. Full Article
ULVAC, INC. Lowers Full-year Consolidated Outlook and Cancels Year-end Dividend Payment for FY 2012
ULVAC, INC. announced that it has lowered its full-year consolidated outlook for revenue from JPY 220,000 million to JPY 213,000 million, operating profit (loss) from JPY 1,900 million to JPY (7,400 million), ordinary profit (loss) from JPY 1,900 million to JPY (7,500 million), net profit (loss) from JPY (1,800 million) to JPY (51,600 million), and earnings (loss) per share from JPY (36.48) to JPY (1,045.69), for the fiscal year ending June 30, 2012. The Company lowered its full-year consolidated outlook mainly due to the decrease in orders, the increase in material cost and the extraordinary loss of approximately JPY 260 million caused by expenses on business structure renovation plan. According to I/B/E/S Estimates, analysts on average are expecting the Company to report its full-year consolidated outlook for revenue of JPY 219,610 million, operating profit of JPY 1,590 million and net profit (loss) of JPY (2,420 million), for the fiscal year ending June 30, 2012. The Company also has canceled its year-end dividend payment of JPY 13.00 per share, for the fiscal year ending June 30, 2012. Full Article
ULVAC, INC. to Offer Early-retirement Program and Expects Extraordinary Loss for FY 2012
ULVAC, INC. announced that it plans to offer an early-retirement program, during the period from June 4, 2012 to June 14, 2012 and expects approximately 700 employees to take up the offer with June 30, 2012 as the retirement date. The employees will be offered retirement pay, additional benefits and outplacement support. The Company expects the extraordinary loss of JPY 28 billion caused by the retirement pay, the impairment loss on fixed assets and disposal fixed assets, including extraordinary loss of approximately JPY 4.9 billion for retirement pay, for the fiscal year ending June 30, 2012. Full Article
R&I Affirms ULVAC, INC.'s Rating at "BBB"; Rating Outlook Negative
Rating and Investment Information, Inc. (R&I) announced that it has reaffirmed ULVAC, INC.'s rating at "BBB". The rating outlook is negative. Full Article
ULVAC, INC. Lowers Full-year Consolidated Outlook for FY Ending June 30, 2012; Confirms Year-end Dividend Forecast for FY Ending June 30, 2012
ULVAC, INC. announced that it has lowered its full-year consolidated outlook for revenue from JPY 235,000 million to JPY 220,000 million, operating profit from JPY 7,000 million to JPY 1,900 million, ordinary profit from JPY 6,280 million to JPY 1,900 million, net profit (loss) from JPY 3,100 million to JPY (1,800 million) and earning (loss) per share from JPY 62.82 to JPY (36.48) for the fiscal year ending June 30, 2012. The Company lowered its full-year outlook mainly due to the decreasing orders of flat panel display (FPD) manufacturing equipment and photovoltaic (PV) manufacturing equipment. In addition, the Company has confirmed its year-end dividend forecast of JPY 13.00 for fiscal year ending June 30, 2012. Full Article
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