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Kyoei Sangyo Co Ltd (6973.T)

6973.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

KYOEI SANGYO lowers consolidated full-year outlook for FY 2016
Tuesday, 26 Apr 2016 02:00am EDT 

KYOEI SANGYO CO LTD:Says the company lowered the consolidated full-year outlook for revenue to 53,777 mln yen from 56,000 mln yen for FY ended March 2016.Sees a decrease of operating profit forecast to 134 mln yen from 250 mln yen.Sees a decrease of ordinary profit forecast to 68 mln yen from 200 mln yen.Sees a decrease of net profit forecast to -140 mln yen from 50 mln yen.Sees a decrease of earnings per share to -4.6 yen from 1.46 yen.Comments decreased market demands for semiconductor device and the loss in conjunction with the solicitation for voluntary retirement are the main reasons for the forecast.  Full Article

KYOEI SANGYO announces result of early-retirement program and expects extraordinary loss for FY ending March 2016
Friday, 1 Apr 2016 02:00am EDT 

KYOEI SANGYO CO LTD:Says 19 employees took up the offer disclosed on Feb. 25.Expects about 130 mln yen extraordinary loss for FY ending March 2016.  Full Article

KYOEI SANGYO to offer early-retirement program
Thursday, 25 Feb 2016 01:00am EST 

KYOEI SANGYO CO LTD:To offer an early-retirement program with a subsidiary to employees, who are above 50 years old to 59 years old as of April 1.Offering period from March 22 to March 31.The company expects 20 employees to take the offer.Says the employees who take up the offer will retire on April 25.The company will provide retirement payment and outplacement support to the retiring employees.  Full Article

KYOEI SANGYO lowers consolidated full-year outlook for FY 2016
Wednesday, 28 Oct 2015 02:00am EDT 

KYOEI SANGYO CO LTD:Says the company lowered the consolidated full-year outlook for revenue to 56,000 million yen from 61,500 million yen for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to 250 million yen from 520 million yen.Sees a decrease of ordinary profit forecast to 200 million yen from 400 million yen.Sees a decrease of net profit forecast to 50 million yen from 200 million yen.Sees a decrease of earnings per share to 1.64 yen from 6.56 yen.Comments that decreased sales of semiconductor devise business is the main reason for the forecast.  Full Article

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