Key Developments: Tensho Electric Industries Co Ltd (6776.T)
96JPY
24 May 2013
¥0 (+0.00%)
¥102
¥99
¥103
¥91
101,000
52,918
¥120
¥59
Latest Key Developments (Source: Significant Developments)
Tensho Electric Industries Co Ltd Cancels Year-end Dividend for FY 2013
Tensho Electric Industries Co Ltd announced that it has canceled the year-end dividend for the fiscal year ended March 31, 2013. Full Article
Tensho Electric Industries Co Ltd Sells Shares of Subsidiary
Tensho Electric Industries Co Ltd announced that it has sold 74,000 shares of a subsidiary, for JPY 678 million, to a Japan-based company, which is engaged in manufacturing and sales of plastic products, on March 29, 2013. After the transaction, the Company holds 34,188 shares (20.1% stake) of the subsidiary, down from 108,188 shares (63.6% stake). Full Article
Tensho Electric Industries Co Ltd Lowers Consolidated Full-year Outlook for FY 2013
Tensho Electric Industries Co Ltd announced that it has lowered the consolidated full-year outlook for revenue from JPY 15,400 million to JPY 14,400 million, operating profit (loss) from JPY (180 million) to JPY (480 million), ordinary profit (loss) from JPY (450 million) to JPY (570 million), net profit (loss) from JPY (390 million) to JPY (530 million) and earning (loss) per share from JPY (24.57) to JPY (33.39) for the fiscal year ending March 31, 2013. The negative outlook is mainly due to the less-than-expected growth of sales. Full Article
Tensho Electric Industries Co Ltd Amends Consolidated Full-year Outlook for FY 2013
Tensho Electric Industries Co Ltd announced that it has raised the consolidated full-year outlook for revenue from JPY 15,300 million to JPY 15,400 million, but has lowered the consolidated full-year outlook for operating profit (loss) from JPY 250 million to JPY (180 million), ordinary profit (loss) from JPY 100 million to JPY (450 million), net profit (loss) from JPY 50 million to JPY (390 million) and earning (loss) per share from JPY 3.12 to JPY (24.57) for the fiscal year ending March 31, 2013. The Company amended the profit outlook due to the slack sales condition in China. Full Article
Tensho Electric Industries Co Ltd Amends Consolidated Mid-year Outlook for FY 2013
Tensho Electric Industries Co Ltd announced that it has raised the consolidated mid-year outlook for revenue from JPY 7,000 million to JPY 7,200 million, but has lowered the mid-year outlook for operating profit (loss )from JPY 50 million to JPY (220 million), ordinary profit (loss) from JPY (20 million) to JPY (360 million), net profit (loss) from JPY (10 million) to JPY (330 million) and earning per share (loss) from JPY (0.62) to JPY (20.79) for the fiscal year ending March 31, 2013. The negative profit outlook is mainly due to more-than-expected costs and record of extraordinary losses. Full Article
Tensho Electric Industries Co., Ltd. Amends Full-year Consolidated Outlook for FY Ended March 31, 2012; Cancels Year-end Dividend for FY Ended March 31, 2012
Tensho Electric Industries Co., Ltd. announced that it has raised its full-year consolidated outlook for revenue from JPY 15,080 million to JPY 15,232 million, but lowered its full-year consolidated outlook for operating profit from JPY 80 million to JPY 34 million, ordinary profit (loss) from JPY (280 million) to JPY (263 million), net profit (loss) from JPY (470 million) to JPY (463 million) and earning (loss) per share from JPY (29.24) to JPY (28.96), for the fiscal year ended March 31, 2012. The Company lowered its full-year outlook for operating profit, ordinary profit and net profit mainly due to extraordinary loss of its subsidiary. The Company also cancelled the year-end dividend payment for fiscal year ended March 31, 2012. Full Article
Tensho Electric Industries Co., Ltd. Signs JPY 2.1 Billion Syndicated Commitment-line Contract
Tensho Electric Industries Co., Ltd. announced that it has signed a syndicated commitment-line contract for JPY 2.1 billion, arranged by Sumitomo Mitsui Banking Corporation on March 30, 2012. The fund will be used as working capital and equipment fund. The contract will be valid from April 4, 2012 to March 29, 2019. Full Article
Tensho Electric Industries Co., Ltd. Lowers Consolidated Full-year Outlook for FY 2012
Tensho Electric Industries Co., Ltd. announced that it has lowered the consolidated full-year outlook for revenue from JPY 16,500 million to JPY 15,080 million, operating profit from JPY 370 million to JPY 80 million, ordinary profit (loss) from JPY 160 million to JPY (280 million), net profit (loss) from JPY 20 million to JPY (470 million) and earning (loss) per share from JPY 1.18 to JPY (29.24) for the fiscal year ending March 31, 2012. The negative outlook is mainly due to bad sales condition in the impact of the earthquake and tsunami, high exchange rate and flood in Thailand, as well as liquidation of deferred tax asset. Full Article
Tensho Electric Industries Co., Ltd. Issues FY 2012 Outlook
Tensho Electric Industries Co., Ltd. announced that it has issued its consolidated mid-year outlook for revenue of JPY 7,200 million, operating profit (loss) of JPY (126 million), ordinary profit (loss) of JPY (220 million), net profit (loss) of JPY (320 million) and earning per share (loss) of JPY (18.84) for the first half of the fiscal year ending March 31, 2012. The Company also issued its consolidated full-year outlook for revenue of JPY 16,500 million, operating profit of JPY 370 million, ordinary profit of JPY 160 million, net profit of JPY 20 million and earning per share of JPY 1.18 for the fiscal year ending March 31, 2012. Full Article
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