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Stanley Electric Co Ltd (6923.T)

6923.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Stanley Electric's group operating profit apparently slid 12 pct on the year for April-June quarter - Nikkei<6923.T>
Wednesday, 6 Jul 2016 05:13pm EDT 

Nikkei : Stanley Electric's group operating profit apparently slid 12 percent on the year for the April-June quarter - Nikkei . Stanley Electric expected to maintain forecast of sales growing 1% to 410 billion yen and operating profit rising 13% to 41.5 billion yen in year ending March 2017 - Nikkei . Stanley Electric's group sales are thought to have dropped 10% to about 93 billion yen for the April-June quarter - Nikkei .  Full Article

Stanley Electric to retire treasury shares
Monday, 22 Feb 2016 01:00am EST 

Stanley Electric Co Ltd:To retire 700,000 shares (0.39 pct stake) of its common stock on March 7.Says the total shares outstanding will be 177,100,000 shares after the retirement.  Full Article

R&I affirms Stanley Electric Co Ltd's rating at "A+" and announces stable outlook
Thursday, 14 Jan 2016 01:00am EST 

Stanley Electric Co Ltd:Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A+".Rating outlook stable.  Full Article

Stanley Electric revises consolidated full-year outlook for FY 2016
Wednesday, 28 Oct 2015 02:00am EDT 

Stanley Electric Co Ltd:Says the company raised the consolidated full-year outlook for revenue to 396,000 million yen from 392,000 million yen for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to 38,800 million yen from 43,000 million yen.Sees a decrease of ordinary profit forecast to 40,100 million yen from 46,000 million yen.Sees a decrease of net profit forecast to 25,500 million yen from 28,000 million yen.Sees a decrease of earnings per share to 152.59 yen from 167.58 yen.FY 2016 revenues of 394.54 billion yen, net profit of 30.30 billion yen – Thomson Reuters I/B/E/S.Comments that decreased sales of automobile machinery business and increased costs and expenses are the main reasons for the forecast.  Full Article

Stanley Electric amends consolidated mid-year and full-year outlook for FY 2016
Monday, 27 Jul 2015 02:00am EDT 

Stanley Electric Co Ltd:Says the company increased the consolidated mid-year outlook for revenue to 197,000 million yen from 180,000 million yen for FY ending March 2016.Confirms the operating profit forecast at 18,400 million yen.Confirms the ordinary profit forecast at 19,800 million yen.Confirms the net profit attributable to parent company's shareholders forecast at 12,100 million yen.Earnings per share increased to 72.37 yen from 72.21 yen.Says the company increased the consolidated full-year outlook for revenue to 392,000 million yen from 375,000 million yen for FY 2016.Confirms the operating profit forecast at 43,000 million yen.Confirms the ordinary profit forecast at 46,000 million yen.Confirms the net profit attributable to parent company's shareholders forecast at 28,000 million yen.Earnings per share increased to 167.58 yen from 167.09 yen.FY 2016 revenues of 380.66 billion yen, net income of 30.85 billion yen – Thomson Reuters I/B/E/S.Comments the yen devaluation is the main reason for the forecast.  Full Article

Stanley Electric to set up subsidiary in China
Wednesday, 24 Jun 2015 04:30am EDT 

Stanley Electric Co Ltd:To set up a wholly owned subsidiary in China, with registered capital of $34 mln (or about 4 bln yen), planned in August.Subsidiary to be engaged in design and development of automotive lighting equipment, Sale of data, design, development and manufacture and sale of mold.  Full Article

More From Around the Web

BRIEF-R&I affirms Stanley Electric's rating at "A+" and says stable outlook - R&I

* Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A+" - R&I