Key Developments: Toko Inc (6801.T)

6801.T on Tokyo Stock Exchange

322JPY
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¥323
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¥321
Volume
21,000
Avg. Vol
908,823
52-wk High
¥390
52-wk Low
¥285

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Latest Key Developments (Source: Significant Developments)

Murata Manufacturing Co Ltd updates on acquisition of shares of TOKO INC
Thursday, 13 Feb 2014 01:00am EST 

Murata Manufacturing Co Ltd and TOKO INC:Says Murata Manufacturing Co Ltd to acquire 57,519,000 shares instead of previously announced 57,993,508 shares of TOKO INC through takeover bid.Says Murata Manufacturing to hold 66.20 pct stake in TOKO INC instead of previously announced 66.60 pct stake.  Full Article

TOKO INC raises consolidated full-year outlook and dividend forecast for FY 2013
Friday, 20 Dec 2013 01:00am EST 

TOKO INC:Says it raised the consolidated full-year outlook for revenue to 32,500 million yen from 32,400 million yen for the fiscal year ended ending Dec. 31, 2013.Sees an increase of operating profit to 3,300 million yen from 3,100 million yen.Sees an increase of ordinary profit to 3,000 million yen from 2,800 million yen.Sees an increase of net profit to 2,500 million yen from 1,900 million yen.Sees an increase of earning per share to 23.42 yen from 17.8 yen.Comments on the positive outlook as caused by increase of productivity and decrease of costs.Says the year-end dividend forecast increased from 0 yen per share to 3 yen per share for the same fiscal year.  Full Article

Murata Manufacturing Co Ltd Announces Progress Towards Commencement Of Tender Offer For Shares Of Toko, Inc.
Thursday, 21 Nov 2013 01:03am EST 

Murata Manufacturing Co Ltd announced the Company (Murata) and Toko, Inc. (Toko), executed an agreement for a capital and business alliance between the two companies and have been preparing a tender offer (the Tender Offer) by Murata for Toko. Murata and Toko have been taking the procedures required under competition laws in Japan and China to implement the Tender Offer and the procedures and measures in Japan have been completed. The companies will continue their efforts to complete the procedures and measures in China at the earliest possible time. The Tender Offer will be promptly launched upon the fulfillment of conditions, such as the completion of procedures and measures required under domestic and overseas competition laws. Further updates will be provided as more information becomes available on the progress of procedures and measures as required under domestic and overseas competition laws and on the commencement date of the Tender Offer.  Full Article

TOKO INC Expects Extraordinary Loss for Q3 of FY 2013
Thursday, 7 Nov 2013 01:00am EST 

TOKO INC announced that it expects the extraordinary loss of JPY 405 million caused by impairment loss on dormant assets owned by the Company and its overseas subsidiary, for the third quarter of fiscal year ending December 2013.  Full Article

TOKO INC Raises Consolidated Full-year Outlook for FY 2013
Wednesday, 7 Aug 2013 02:00am EDT 

TOKO INC announced that it has raised consolidated full-year outlook for revenue from JPY 30,600 million to JPY 32,400 million, operating profit from JPY 2,300 million to JPY 3,100 million, ordinary profit from JPY 2,100 million to JPY 2,800 million, net profit from JPY 1,600 million to JPY 1,900 million, earning per share from JPY 14.99 to JPY 17.8 for the fiscal year ending December 31, 2013. The positive outlook is mainly due to increase of sales.  Full Article

TOKO INC Raises Consolidated Mid-year and Full-year Guidance for FY 2013
Friday, 10 May 2013 02:10am EDT 

TOKO INC announced that the Company has raised the consolidated mid-year guidance for revenue from JPY 13,300 million to JPY 14,900 million, operating profit from JPY 100 million to JPY 800 million, ordinary profit from JPY 0 million to JPY 700 million, net profit (loss) from JPY (100 million) to JPY 500 million and earning (loss) per share from JPY (0.94) to JPY 4.68 for the fiscal year ending December 31, 2013. The Company has also raised the consolidated full-year guidance for revenue from JPY 29,000 million to JPY 30,600 million, operating profit from JPY 1,600 million to JPY 1,600 million, ordinary profit from JPY 1,400 million to JPY 2,100 million, net profit from JPY 1,000 million to JPY 1,600 million and earning per share from JPY 9.37 to JPY 14.99 for the fiscal year ending December 31, 2013.  Full Article

Murata Manufacturing Co Ltd and TOKO INC to Enhance Business and Capital Alliance
Wednesday, 13 Feb 2013 01:10am EST 

Murata Manufacturing Co Ltd (Murata) announced that Murata Manufacturing Co Ltd and TOKO INC (Toko)have executed an agreement for enhancement of capital and business alliance. Murata will aim to acquire the majority of the voting rights of Toko by means of a tender offer. Through the business alliance, TOKO INC will utilize Murata's sales network and expand the sale of Toko's products to a global scale, among others; and Murata will arm with Toko's metal alloy products, develop customers that are new to the Companies and aim to increase sales, among others. Through the capital alliance, Murata will launch a tender offer of 57,993,508 shares of Toko's common stock (a 50.72% stake), at the price of JPY 300 per share. After this, Murata will hold 76,151,265 shares of Toko (a 66.60% stake). The effective date and total amount of the transaction are not disclosed. It is acknowledged that after the consummation of the tender offer, Toko will continue to be a listed company.  Full Article

TOKO INC Amends Consolidated Full-year Outlook for FY 2012
Friday, 1 Feb 2013 01:00am EST 

TOKO INC announced that it has lowered its consolidated full-year outlook for revenue from JPY 27,000 million to JPY 26,820 million, but raised the outlook for operating profit from JPY 1,000 million to JPY 1,230 million, ordinary profit from JPY 700 million to JPY 920 million, net profit from a loss of JPY 200 million to JPY 120 million and earning per share from a loss of JPY 1.87 to JPY 1.15, for the fiscal year ended December 2012. The Company raised the profit outlook due to the improved productivity and the selling of investment securities.  Full Article

TOKO INC Expects Extraordinary Profit for FY 2012
Friday, 28 Dec 2012 01:00am EST 

TOKO INC announced that it is expecting an extraordinary profit of JPY 70 million, as gain on divestiture of securities, for the fiscal year ending December 2012.  Full Article

TOKO, INC. Lowers Consolidated Full-year Outlook for FY 2012
Wednesday, 8 Aug 2012 02:00am EDT 

TOKO, INC. announced that it has lowered the consolidated full-year outlook for revenue from JPY 28,700 million to JPY 27,000 million, operating profit from JPY 1,100 million to JPY 1,000 million, ordinary profit from JPY 900 million to JPY 700 million, net profit (loss) from JPY 200 million to JPY (200 million) and earning (loss) per share from JPY 2.08 to JPY (1.87) for the fiscal year ending December 31, 2012. The negative outlook is mainly due to less-than-expected sales.  Full Article

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