Key Developments: Taiyo Yuden Co Ltd (6976.T)
1,809JPY
22 May 2013
¥-14 (-0.77%)
¥1,845
¥1,826
¥1,866
¥1,780
1,665,700
2,620,388
¥1,910
¥569
Latest Key Developments (Source: Significant Developments)
Taiyo Yuden Co Ltd Announces Retirement of Chairman
Taiyo Yuden Co Ltd announced that Mr. Yoshiro Kanzaki will resign from the position of Chairman of the Board of the Company, effective June 27, 2013. Full Article
Taiyo Yuden Co Ltd's Subsidiary to Sell Properties; Expects Extraordinary Profit and Loss for FY 2013
Taiyo Yuden Co Ltd announced that its subsidiary has decided to sell properties for JPY 1,294 million in total, on March 27, 2013. The Company expects JPY 875 million extraordinary profit on sale of properties, as well as JPY 2,797 million extraordinary loss due to settlement payment for the fiscal year ending March 2013. Full Article
Taiyo Yuden Co Ltd Amends Full-year Consolidated Outlook for FY Ending March 31, 2013
Taiyo Yuden Co Ltd announced that it has reaffirmed its full-year consolidated outlook for revenue of JPY 195,000 million, operating profit of JPY 5,000 million, and raised its full-year consolidated outlook for ordinary profit from JPY 3,000 million to JPY 6,000 million, net profit from JPY 0 to JPY 3,000 million and earnings per share from an undetermined value to JPY 25.50 for the fiscal year ending March 31, 2013. The Company raised its full-year outlook mainly due to the low value of Japanese Yen. Full Article
R&I Downgraded Taiyo Yuden Co., Ltd.'s Rating to "A-"; Rating Outlook Stable
Rating and Investment Information, Inc. (R&I) announced that it has downgraded the rating onTaiyo Yuden Co., Ltd from "A" to "A-". The rating outlook is stable. Full Article
Taiyo Yuden Co Ltd Lowers Consolidated Full-year Outlook for FY 2013
Taiyo Yuden Co Ltd announced that it has lowered its consolidated full-year outlook for revenue from JPY 210,000 million to JPY 195,000 million, operating profit from JPY 10,000 million to JPY 5,000 million, ordinary profit from JPY 9,000 million to JPY 3,000 million, net profit from JPY 5,500 million to JPY 0 million and earning per share from JPY 46.78 to JPY 0, for the fiscal year ending March 2013. The Company lowered the outlook due to the decreased demands, among others. Full Article
Taiyo Yuden Co Ltd Lowers Consolidated Full-year Outlook for FY 2013
Taiyo Yuden Co Ltd announced that it has lowered its consolidated full-year outlook for revenue from JPY 210,000 million to JPY 195,000 million, operating profit from JPY 10,000 million to JPY 5,000 million, ordinary profit from JPY 9,000 million to JPY 3,000 million, net profit from JPY 5,500 million to JPY 0 million and earning per share from JPY 46.78 to JPY 0, for the fiscal year ending March 2013. The Company lowered the outlook due to the decreased demands, among others. According to I/B/E/S Estimates, analysts were expecting the Company to report full-year revenue of JPY 197.85 billion and net profit of JPY 2.19 billion. Full Article
Taiyo Yuden Co., Ltd. Expects Extraordinary Loss for FY Q4 of 2012
Taiyo Yuden Co., Ltd. announced that it expects JPY 1.6 billion extraordinary loss on the payment for early-retirement program for the fourth quarter of the fiscal year ending March 2012. Full Article
Taiyo Yuden Co., Ltd. Announces Outcome Of Early Retirement Project
Taiyo Yuden Co., Ltd. announced the outcome of an early retirement program, which was announced on December 26, 2011. 420 of its employees took the offer and will retire on March 31, 2012. The employees will be offered retirement pay and additional benefits. Full Article
Taiyo Yuden Co., Ltd. to Offer Early-retirement Program; Announces Extraordinary Loss for Q4 of FY 2012; Changes Consolidated Full-year Outlook for FY 2012
Taiyo Yuden Co., Ltd. announced that it plans to offer an early-retirement program to its employees during the period from March 1, 2012 to March 8, 2012. This program will include severance pay and outplacement support. The Company expects approximately 330 employees to take up the offer. As a result, the Company expects to record a JPY 3,200 million extraordinary loss on the retirement payment, for the fourth quarter of the fiscal year ending March 2012. In addition, the Company has maintained its consolidated full-year outlook for revenue of JPY 189,000 million, operating profit of a loss of JPY 7,000 million and ordinary profit of a loss of JPY 10,000 million, but lowered the outlook for net profit from a loss of JPY 16,000 million to JPY 19,200 million and earning per share from a loss of JPY 136.07 to a loss of JPY 163.29, for the fiscal year ending March 2012. The Company lowered the outlook due to the expected record of extraordinary loss. According to I/B/E/S Estimates, analysts were expecting the Company to report full-year revenue of JPY 190.65 billion and net profit of a loss of JPY 14.82 billion. Full Article
R&I Downgraded Taiyo Yuden Co., Ltd.'s Rating to "A-"; Rating Outlook Stable
Rating and Investment Information, Inc. (R&I) announced that it has downgraded the rating onTaiyo Yuden Co., Ltd from "A" to "A-". The rating outlook is stable. Full Article
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