Key Developments: Nihon Trim Co Ltd (6788.T)
5,690JPY
2:00am EDT
¥-360 (-5.95%)
¥6,050
¥6,100
¥6,100
¥5,530
62,850
36,254
¥6,350
¥1,780
Latest Key Developments (Source: Significant Developments)
NIHON TRIM CO LTD Raises Year-end Dividend Forecast for FY 2013
NIHON TRIM CO LTD announced that it has resolved to distribute a bonus dividend in commemoration of the 30th anniversary of its foundation. Therefore, the Company has raised its year-end dividend from JPY 60 per share, which was announced on April 26, 2012, to JPY 70 per share (JPY 60 per share of a common dividend and JPY 10 per share of a bonus dividend), for the fiscal year ending March 2013. Full Article
Nihon Trim Co., Ltd. to Establish Joint Venture
Nihon Trim Co., Ltd. announced that it has decided to establish a Taiwan-based joint venture MEDFIRST TRIM CO., LTD., which will be engaged in the sale of water purifier and water cleaning cartridge produced by the Company, with a Taiwan-based company, MedFirst Healthcare Services,lnc., which is engaged in the medical products selling business, in March 2012. The joint venture will be capitalized at TWD 10 million, and the Company and MedFirst Healthcare Services will each hold a 50% stake in the joint venture. Full Article
Nihon Trim Co., Ltd. to Establish New Subsidiary
Nihon Trim Co., Ltd. announced that it has decided to establish a wholly owned subsidiary, TRIM LIFE SUPPORT CO.,LTD. in Japan, which will be engaged in the fitting of regenerated water machine, on February 2, 2012. Full Article
Nihon Trim Co., Ltd. Expects Extraordinary Profit and Raises Consolidated Mid-year Outlook for FY Ending March 2012; Raises Year-end Dividend Outlook for FY Ending March 2012
Nihon Trim Co., Ltd. announced that it expects to record JPY 53 million profit on retirement benefit scheme reform as extraordinary profit for the fiscal year ending March 2012. Therefore, the Company raised its consolidated mid-year outlook for revenue from JPY 5,097 million to JPY 5,260 million, operating profit from JPY 1,073 million to JPY 1,261 million, ordinary profit from JPY 1,109 million to JPY 1,300 million, net profit from JPY 595 million to JPY 777 million and earning per share from JPY 136.52 to JPY 179.23 for the fiscal year ending March 2012. This is due to the increased sale of PET bottle and gallon, as well as the decreased costs. The Company also raised its year-end dividend outlook from JPY 50.00 per share, which was announced on April 27, 2011, to JPY 60.00 per share, for the same fiscal year. Full Article
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