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Funai Electric Co Ltd (6839.T)

6839.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Funai Electric appoints new president
Monday, 8 May 2017 03:16am EDT 

May 8 (Reuters) - Funai Electric Co Ltd <6839.T>:* Says it appointed Hideaki Funakoshi as new president to succeed current president Tetsuhiro Maeda.* Effective May 15.  Full Article

ELECOM completes acquisition, owning 96 pct stake in DX Antenna
Thursday, 30 Mar 2017 02:38am EDT 

ELECOM Co Ltd <6750.T> : Says it completes acquisition of 96 percent stake in Hyogo-based firm DX Antenna Co Ltd .Latest plan was disclosed on Feb. 21.  Full Article

Wi-Lan, Funai Electric enter license agreement
Thursday, 29 Dec 2016 10:00am EST 

Wi-Lan Inc : Press release - Wil-Lan and Funai enter license agreement .Consideration to be paid to Wi-Lan and all other terms of license agreement are confidential.  Full Article

Funai Electric files lawsuit on Tokyo High Court
Wednesday, 12 Oct 2016 04:03am EDT 

Funai Electric Co Ltd <6839.T>:Says it appealed to Tokyo High Court to against judgment of a lawsuit rejected by Tokyo District Court, regarding a taxation decision on a Hong Kong-based subsidiary of the co.  Full Article

Tokyo District Court rejects Funai Electric's appeal
Thursday, 29 Sep 2016 12:00am EDT 

Funai Electric Co Ltd <6839.T>: Says Tokyo District Court rejected the appeal filed by the co on Jan. 17, 2015, regarding a taxation decision on a Hong Kong-based subsidiary of the co .Says the subsidiary received reassessment of income taxes worth about 1.9 billion yen, including tax penalty of about 900 million yen, on June 29, 2011.  Full Article

Funai Electric gets approval to extend submitting of Q1 report for FY 2017
Wednesday, 10 Aug 2016 03:18am EDT 

Funai Electric Co Ltd <6839.T>:Says it has received the approval to extend the deadline of submitting the Q1 report for fiscal year ending March 2017 to Sep. 15, instead of Aug. 15.  Full Article

FUNAI ELECTRIC's president and chairman change
Monday, 23 May 2016 02:55am EDT 

FUNAI ELECTRIC Co Ltd <6839.T> : Says it appoints Tetsuhiro Maeda as new president to replace Tomonori Hayashi . Says its current chairman of the board Tetsuro Funai will retire from the position .Says changes will occur on June 28.  Full Article

FUNAI ELECTRIC reaches to settlement of lawsuit for compensation for damages with Olympus; expects extraordinary profit for FY 2016
Wednesday, 16 Dec 2015 01:00am EST 

FUNAI ELECTRIC CO LTD:Filed a lawsuit for compensation for damages against Olympus Corporation.Reached to a settlement of the lawsuit that Olympus Corporation. to pay 970 million yen to the company and the company will withdraw the lawsuit.Says it expects an extraordinary profit of 900 million yen for FY ending March 2016.Says the profit was recorded as gain on the settlement.  Full Article

FUNAI ELECTRIC lowers consolidated full-year outlook for FY 2016
Monday, 9 Nov 2015 02:00am EST 

FUNAI ELECTRIC CO LTD:Says the company lowered the consolidated full-year outlook for revenue to 187,900 mln yen from 220,000 mln yen for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to a loss of 6,000 mln yen from 1,600 mln yen.Sees a decrease of ordinary profit forecast to a loss of 7,500 mln yen from 1,200 mln yen.Sees a decrease of net profit forecast to a loss of 9,500 mln yen from 400 mln yen.Sees a decrease of earnings per share to a loss of 278.44 yen from 11.72 yen.Comments the sluggish in sales of SANYO brand products and lower profitability in Mexico market are the main reasons for the forecast.  Full Article

More From Around the Web

BRIEF-Funai Electric appoints new president

* Says it appointed Hideaki Funakoshi as new president to succeed current president Tetsuhiro Maeda