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Hokuriku Electric Industry Co Ltd (6989.T)

6989.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Hokuriku Electric Industry to divest stake in unit HDK Philippines Inc
Tuesday, 29 Nov 2016 03:11am EST 

Hokuriku Electric Industry Co Ltd :Says it resolves to sell entire 250,000 shares in unit HDK Philippines Inc, with transaction amount undisclosed in early-January, 2017.  Full Article

HOKURIKU ELECTRIC INDUSTRY lowers consolidated full-year outlook for FY 2016
Wednesday, 10 Feb 2016 12:00am EST 

HOKURIKU ELECTRIC INDUSTRY CO LTD:Says the company lowered the consolidated full-year outlook for revenue to 40,500 mln yen from 50,000 mln yen for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to 800 mln yen from 1,500 mln yen.Sees a decrease of ordinary profit forecast to 700 mln yen from 1,300 mln yen.Sees a decrease of net profit forecast to 300 mln yen from 800 mln yen.Sees a decrease of earnings per share to 3.58 yen from 9.54 yen.Comments the market condition as the main reason for the forecast.  Full Article