Key Developments: Espec Corp (6859.T)

6859.T on Tokyo Stock Exchange

1,095JPY
1 Sep 2015
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¥-45 (-3.95%)
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Latest Key Developments (Source: Significant Developments)

ESPEC to fully acquire joint venture
Wednesday, 13 May 2015 01:00am EDT 

ESPEC CORP:To acquire 40 pct stake in a Shanghai-based joint venture, in July, for 30,000,000 yuan.Joint venture is engaged in production and sale of environment set tester.To hold 100 pct stake in the joint venture.  Full Article

ESPEC raises consolidated full-year outlook and year-end dividend forecast for FY 2015
Monday, 27 Apr 2015 03:00am EDT 

ESPEC CORP:Says the company increased the consolidated full-year outlook for revenue to 33,661 million yen from 33,000 million yen for FY ended March 2015.Operating profit forecast increased to 2,643 million yen from 2,300 million yen.Ordinary profit forecast increased to 3,044 million yen from 2,400 million yen.Net profit forecast increased to 2,118 million yen from 1,600 million yen.Earnings per share increased to 91.19 yen from 68.79 yen.Comments the improved cost rate and impact of exchange rate are the main reasons for the forecast.Raised year-end dividend forecast to 19 yen per share from 13 yen per share for FY ended March 2015.  Full Article

ESPEC announces establishes subsidiary
Wednesday, 1 Apr 2015 01:00am EDT 

ESPEC CORP:Established a subsidiary named ESPEC ENGINEERING (THAILAND) CO.,LTD. based in Thailand on March 31.New subsidiary to be engaged in after-sales service of environmental tester.New subsidiary to be capitalized at 47.5 million yen.  Full Article

ESPEC CORP announces business alliance with TUV SUD Japan
Monday, 3 Nov 2014 09:00pm EST 

ESPEC CORP:Formed a business alliance with TUV SUD Japan on Oct. 10.Says two entities will cooperate on safety test, test consulting, provision of authentication services on automotive battery pack, module and energy storage device.Service will begin in April, 2015.  Full Article

ESPEC CORP revises consolidated mid-year outlook for FY 2015
Thursday, 30 Oct 2014 10:00pm EDT 

ESPEC CORP:Says the company lowered the consolidated mid-year outlook for revenue to 14,196 million yen from 15,000 million yen for FY ending March 2015.Operating profit forecast increased to 837 million yen from 700 million yen.Ordinary profit forecast increased to 953 million yen from 750 million yen.Net profit forecast increased to 590 million yen from 400 million yen.Earnings per share increased to 25.38 yen from 17.20 yen.Comments the improvement in the cost of sales ratio is the main reason for the forecast.  Full Article

ESPEC raises year-end dividend forecast for FY 2014
Wednesday, 14 May 2014 01:00am EDT 

ESPEC CORP:Sees year-end dividend of 13 yen per share raised from 11 yen per share, for fiscal year ended March 2014.  Full Article

ESPEC CORP Raises Consolidated Mid-year Forecast for FY 2014
Thursday, 31 Oct 2013 10:00pm EDT 

ESPEC CORP announced that it has raised the consolidated mid-year forecast for revenue from JPY 14,000 million to JPY 14,039 million, operating profit from JPY 500 million to JPY 680 million, ordinary profit from JPY 600 million to JPY 811 million, net profit from JPY 350 million to JPY 503 million and earning per share from JPY 15.05 to JPY 21.65 for the fiscal year ending March 31, 2014. The Company raised the consolidated mid-year outlook due to decreased cost.  Full Article

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