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Teac Corp (6803.T)

6803.T on Tokyo Stock Exchange

45JPY
17 Aug 2017
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Latest Key Developments (Source: Significant Developments)

Teac to offer early-retirement program
Sunday, 14 May 2017 11:49pm EDT 

May 15 (Reuters) - Teac Corp <6803.T>:* Says it and unit ESOTERIC COMPANY will offer an early-retirement program to employees, who are above 45 years old to 63 years old as of July 15 and has worked for three years, as well as reemployed people whose contracts will expire after July 15 .* Offering period from May 29 to June 7.* The company expects 50 employees to take the offer.* Says the employees who take up the offer will retire on July 15.* The company will provide retirement payment and outplacement support to the retiring employees.  Full Article

Teac reaches settlement to pay $5 mln
Wednesday, 5 Apr 2017 02:09am EDT 

Teac Corp <6803.T> : Says it reached settlement with indirect purchasers regarding a group lawsuit on April 3 (U.S. time) .Says it will pay $5 million as settlement.  Full Article

Teac to dissolve TEAC MEXICO, S.A. de C.V.
Monday, 6 Feb 2017 08:49pm EST 

Teac Corp <6803.T>:Says it plans to dissolve its unit TEAC MEXICO, S.A. de C.V..  Full Article

Teac and Teac America to pay $0.4 mln for settlement of lawsuit with Ingram Micro and Synnex
Monday, 15 Aug 2016 09:51pm EDT 

Teac Corp <6803.T> : Says the co and co's US-based unit Teac America Inc reached settlement of lawsuit filed by two U.S.-based companies, Ingram Micro and Synnex, regarding the price cartel of optical disk drive .Says it will pay totaling $385,000 as settlement.  Full Article

Teac to pay $1.05 mln for settlement of lawsuit with Hewlett-Packard Company
Wednesday, 29 Jun 2016 02:00am EDT 

Teac Corp <6803.T>: Says it reached settlement of lawsuit filed by Hewlett-Packard Company, a U.S.-based company, regarding the price cartel of optical disk drive .Says it will pay $1.05 million as settlement.  Full Article

Teac reaches settlement in class action lawsuit
Wednesday, 4 Nov 2015 01:00am EST 

Teac Corp:Reaches settlement in class action lawsuit filed by the direct purchasers of optical disk drive devices, and to pay $1.325 mln as settlement on Nov. 3.  Full Article

Teac announces sale price of business in subsidiary
Friday, 9 Oct 2015 04:00am EDT 

Teac Corp:To sell business of subsidiary at price of 162 mln yen in total, on Oct. 30.  Full Article

Teac to sell business of subsidiary and to dissolve subsidiary
Monday, 31 Aug 2015 04:00am EDT 

Teac Corp:To sell storage device business in its wholly owned subsidiary TAIWAN TEAC CORPORATION (TTC) to a Tokyo-based company on Sep. 30.To dissolve the Taiwan-based wholly owned subsidiary TTC in Aug. 2016.  Full Article

BRIEF-Teac to offer early-retirement program

* Says it and unit ESOTERIC COMPANY will offer an early-retirement program to employees, who are above 45 years old to 63 years old as of July 15 and has worked for three years, as well as reemployed people whose contracts will expire after July 15