Key Developments: Nippon Tungsten Co Ltd (6998.T)

6998.T on Tokyo Stock Exchange

209JPY
1 Aug 2014
Price Change (% chg)

¥-4 (-1.88%)
Prev Close
¥213
Open
¥210
Day's High
¥210
Day's Low
¥207
Volume
60,000
Avg. Vol
130,344
52-wk High
¥241
52-wk Low
¥136

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Latest Key Developments (Source: Significant Developments)

Nippon Tungsten announces change of chairman
Wednesday, 14 May 2014 01:00am EDT 

Nippon Tungsten Co Ltd:Appoints Seiichi Sakaguchi as new chairman of the board to replace Shozo Yoshida, effective June 25.  Full Article

Nippon Tungsten Co Ltd raises consolidated full-year outlook for FY 2014
Wednesday, 30 Apr 2014 02:00am EDT 

Nippon Tungsten Co Ltd:Increased the consolidated full-year outlook for revenue to 11,615 million yen from 11,150 million yen for the FY ended March 2014.Operating profit forecast decreased to 255 million yen from 370 million yen.Ordinary profit forecast decreased to 320 million yen from 360 million yen.Net profit forecast increased to 330 million yen from 240 million yen.Earnings per share increased to 13.47 yen from 9.80 yen.Comments the recovery earnings of subsidiary and the tax expense are the main reasons for the forecast.  Full Article

Nippon Tungsten Co Ltd announces delay in launch of solar power business
Friday, 28 Feb 2014 01:00am EST 

Nippon Tungsten Co Ltd:To delay the launch of its solar power energy business from April to October, by constructing a solar power generation station in Saga Prefecture.  Full Article

Nippon Tungsten Co Ltd to start solar power energy business
Friday, 17 Jan 2014 01:00am EST 

Nippon Tungsten Co Ltd:Says to start solar power energy business by constructing a solar power generation station in Saga Prefecture.Says the business is expected to start since April.  Full Article

Nippon Tungsten Co Ltd Raises Consolidated Mid-year Outlook for FY 2014
Thursday, 31 Oct 2013 02:00am EDT 

Nippon Tungsten Co Ltd announced that it has raised its consolidated mid-year outlook for revenue from JPY 5,450 million to JPY 6,000 million, operating profit from JPY 140 million to JPY 145 million, ordinary profit from JPY 120 million to JPY 185 million, net profit from JPY 70 million to JPY 145 million and earning per share from JPY 2.86 to JPY 5.92, for the fiscal year ending March 2014. The Company raised the outlook due to the increased sales and the impact of the lower yen.  Full Article

Nippon Tungsten Co Ltd Announces Civil Rehabilitation Procedures of Subsidiary
Monday, 10 Jun 2013 03:00am EDT 

Nippon Tungsten Co Ltd announced that its subsidiary, which is engaged in manufacturing and sales of tungsten line and stick products in China, has decided to file for civil rehabilitation procedures, on June 10 ,2013.  Full Article

Nippon Tungsten Co Ltd Lowers Full-year Consolidated Outlook for FY 2013
Thursday, 14 Feb 2013 01:00am EST 

Nippon Tungsten Co Ltd announced that it has lowered its full-year consolidated outlook for revenue from JPY 11,750 million to JPY 11,100 million, operating profit (loss) from JPY (160 million) to JPY (420 million), ordinary profit (loss) from JPY (90 million) to JPY (220 million), net profit (loss) from JPY (10 million) to JPY (70 million), and earnings (loss) per share from JPY (0.41) to JPY (2.86), for the fiscal year ending March 31, 2013. The Company lowered its full-year consolidated outlook mainly due to the decrease in demands in electrical equipment, electronics and semiconductor areas.  Full Article

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