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Nichicon Corp (6996.T)

6996.T on Tokyo Stock Exchange

1,160JPY
20 Jul 2017
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¥722

Latest Key Developments (Source: Significant Developments)

Nichicon receives order of $42 mln penalty from DOJ
Tuesday, 11 Jul 2017 11:54pm EDT 

July 12 (Reuters) - Nichicon Corp <6996.T>:* Says it receives order of penalty of $42 million (about 4.7 billion yen) from United States Department of Justice, due to violation of U.S. Competition Law .  Full Article

R&I affirms Nichicon Corp's rating at "A-" and announces stable outlook -R&I
Thursday, 26 Jan 2017 01:22am EST 

Nichicon Corp <6996.T> : Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A-" -R&I .Rating outlook stable -R&I.  Full Article

Nichicon completes liquidation of wholly owned subsidiary
Thursday, 2 Jun 2016 02:00am EDT 

Nichicon Corp <6996.T>: Says it has completed the liquidation of wholly owned subsidiary, which has been engaged in the manufacturing and sales of aluminum solid electrolytic capacitors in Suzhou, China .Says liquidation completed on May 25.  Full Article

NICHICON receives cease-and-desist order and surcharge order
Tuesday, 29 Mar 2016 06:45am EDT 

NICHICON CORP:Received cease-and-desist order and surcharge order from Japan Fair Trade Commission on March 29, due to violation of antimonopoly law.Says it was required to stop the misconducts.Says it was also required to pay surcharge of 3,362,230,000 yen and 277,950,000 yen by Oct. 31.  Full Article

NICHICON expects extraordinary loss for Q3 2016 and lowers consolidated full-year outlook for FY 2016
Thursday, 4 Feb 2016 12:00am EST 

NICHICON CORP:Expects to record 4,057 million yen extraordinary loss for the third quarter of the fiscal year ending March 2016.Says the company lowered the consolidated full-year outlook for revenue to 112,000 million yen from 122,000 million yen for the fiscal year ending March 31, 2016.Reaffirms operating profit forecast as 5,000 million yen.Reaffirms ordinary profit forecast as 5,000 million yen.Sees a decrease of net profit forecast to 0 yen from 3,600 million yen.Sees a decrease of earnings per share to 0.00 yen from 51.34 yen.FY 2016 revenues of 114.21 billion yen, net profit of 3.37 billion yen – Thomson Reuters I/B/E/S.  Full Article

R&I affirms NICHICON 's rating at "A-" and announces stable outlook
Thursday, 21 Jan 2016 01:00am EST 

NICHICON CORP:Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A-".Rating outlook stable.  Full Article

NICHICON subsidiary receives penalty order
Wednesday, 23 Dec 2015 11:00pm EST 

NICHICON CORP:Subsidiary Nichicon (hong Kong) Ltd. be imposed fine of T$111,300,000 by Taiwan Fair Trade Commission, due to its violation of Competition Law.  Full Article

Nichicon to plead guilty in U.S. to price-fixing, pay $42 mln fine

WASHINGTON Japan's Nichicon Corp will plead guilty to fixing the prices of electrolytic capacitors sold in the United States and elsewhere, and will pay a $42 million fine, the U.S. Justice Department said on Tuesday.