Key Developments: Nippon Avionics Co Ltd (6946.T)

6946.T on Tokyo Stock Exchange

193JPY
9 Jul 2014
Price Change (% chg)

¥-1 (-0.52%)
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¥194
Open
¥191
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¥194
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¥190
Volume
53,000
Avg. Vol
40,081
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¥236
52-wk Low
¥145

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Latest Key Developments (Source: Significant Developments)

Nippon Avionics Co Ltd to Acquire New Subsidiary of NIPPON FUTURE CO.,LTD.
Tuesday, 25 Dec 2012 04:00am EST 

Nippon Avionics Co Ltd announced that it has decided to acquire 1 share of a new subsidiary of NIPPON FUTURE CO.,LTD., which will be established on March 1, 2013 and will be engaged in the manufacturing of ultrasonic waves applied equipments and high frequency applied equipments, for JPY 940 million in total, effective April 1, 2013. As a result, the Company will hold a 100% stake in the subsidiary of NIPPON FUTURE.  Full Article

Nippon Avionics Co Ltd Amends Consolidated Full-year Outlook for FY 2013
Thursday, 25 Oct 2012 03:00am EDT 

Nippon Avionics Co Ltd announced that it has lowered its consolidated full-year outlook for revenue from JPY 26,500 million to JPY 26,000 million, but maintained the outlook for operating profit of JPY 450 million and ordinary profit of JPY 250 million, but raised the outlook for net profit from a loss of JPY 1,600 million to a loss of JPY 800 million and earning per share from a loss of JPY 56.62 to a loss of JPY 28.31, for the fiscal year ending March 2013. The Company lowered the revenue outlook due to the decreased sales and the lower selling price, and raised the net profit outlook due to the less-than-expected record of extraordinary loss on retirement payment, among others.  Full Article

Nippon Avionics Co., Ltd. to Merge with Subsidiary
Friday, 27 Jul 2012 03:00am EDT 

Nippon Avionics Co., Ltd. announced that it has decided to merge with a wholly owned subsidiary, NEC Avio Infrared Technologies Co., Ltd., which is engaged in manufacturing and sales of infrared machines and measurement machines, effective October 1, 2012. After the merger, NEC Avio Infrared Technologies Co., Ltd. will be dissolved.  Full Article

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