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Espec Corp (6859.T)

6859.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

ESPEC raises consolidated full-year outlook and raises year-end dividend forecast for FY 2016
Thursday, 28 Apr 2016 03:00am EDT 

ESPEC CORP:Says the company increased the consolidated full-year outlook for revenue to 39,035 mln yen from 35,000 mln yen for FY ended March 2016.Operating profit forecast increased to 3,521 mln yen from 2,800 mln yen.Ordinary profit forecast increased to 3,570 mln yen from 3,000 mln yen.Net profit forecast increased to 2,410 mln yen from 2,100 mln yen.Earnings per share increased to 104.75 yen from 90.91 yen.Comments good performance in equipment business and automobile market is the main reason for the forecast.It raised year-end dividend forecast to 23 yen per share from 19 yen per share for FY ended March 2016.  Full Article

ESPEC completes acquisition of QUALMARK CORPORATION
Tuesday, 12 Jan 2016 02:10am EST 

ESPEC CORP:Completes full acquisition of U.S.-based company QUALMARK CORPORATION on Dec. 28, 2015.Says plan was disclosed on Nov. 12, 2015.  Full Article

ESPEC to acquire QUALMARK CORPORATION
Thursday, 12 Nov 2015 02:10am EST 

ESPEC CORP:To acquire QUALMARK CORPORATION, for 1,650 mln yen, in December.  Full Article

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