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Mitsui Engineering & Shipbuilding Co Ltd (7003.T)

7003.T on Tokyo Stock Exchange

168JPY
1 Dec 2016
Change (% chg)

¥4 (+2.44%)
Prev Close
¥164
Open
¥167
Day's High
¥171
Day's Low
¥167
Volume
8,996,000
Avg. Vol
6,789,895
52-wk High
¥210
52-wk Low
¥122

Latest Key Developments (Source: Significant Developments)

Ocean Power Technologies says completes lease stage gate review, significant product performance validation milestones
Tuesday, 4 Oct 2016 09:25am EDT 

Ocean Power Technologies : Ocean power technologies announces successful completion of its lease stage gate review and significant product performance validation milestones .Completion of pre-requisite stage gate review with mitsui engineering and shipbuilding to start pb3 shipment to japan.  Full Article

Mitsui Engineering & Shipbuilding to sell properties
Thursday, 25 Feb 2016 01:00am EST 

Mitsui Engineering & Shipbuilding Co Ltd:To sell two Tokyo-based properties for an undisclosed price on Sep. 30.  Full Article

Mitsui Engineering & Shipbuilding lowers consolidated full-year outlook for FY 2016
Wednesday, 3 Feb 2016 01:00am EST 

Mitsui Engineering & Shipbuilding Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 810,000 mln yen from 830,000 mln yen for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to 12,000 mln yen from 18,000 mln yen.Sees a decrease of ordinary profit forecast to 15,000 mln yen from 22,000 mln yen.Sees a decrease of net profit forecast to 6,000 mln yen from 13,000 mln yen.Sees a decrease of earnings per share to 7.42 yen from 16.08 yen.Comments the decreased sales in core business as the main reason for the forecast.  Full Article

Mitsui Engineering & Shipbuilding lowers consolidated mid-year and full-year outlook for FY 2016; revises year-end dividend for FY 2016
Thursday, 29 Oct 2015 02:00am EDT 

Mitsui Engineering & Shipbuilding Co Ltd:Says the company lowered the consolidated mid-year outlook for revenue to 380,000 million yen from 390,000 million yen for the fiscal year ending March 31, 2016.Sees a decrease of mid-year operating profit forecast to a loss of 900 million yen from 1,000 million yen.Sees a decrease of mid-year ordinary profit forecast to 2,400 million yen from 4,000 million yen.Sees a decrease of mid-year net profit forecast to a loss of 1,100 million yen from 500 million yen.Sees a decrease of mid-year earnings per share to a loss of 1.36 yen from 0.62 yen.Says the company reaffirmed the consolidated full-year outlook for revenue as 830,000 million yen for the fiscal year ending March 31, 2016.Sees a decrease of full-year operating profit forecast to 18,000 million yen from 22,000 million yen.Sees a decrease of full-year ordinary profit forecast to 22,000 million yen from 25,000 million yen.Reaffirms full-year net profit forecast as 13,000 million yen.Reaffirms full-year earnings per share as 16.08 yen.Comments that decreased sales of ocean shipping segment, as well as increased sales and administration expenses are the main reasons for the forecast.FY 2016 revenues of 821.58 billion yen, net profit of 14.40 billion yen – Thomson Reuters I/B/E/S.Revises year-end dividend outlook to 4 yen per share, from 3-4 yen per share, for the same fiscal year.  Full Article

Mitsui Engineering & Shipbuilding to acquire shares of TGE Marine AG
Monday, 28 Sep 2015 03:00am EDT 

Mitsui Engineering & Shipbuilding Co Ltd:To acquire 1,209,489 shares (99.36 pct stake) of TGE Marine AG at 169 million euros in total from Caledonia Investments plc, Gasfin Investment S.A. and individual Kuver GbR on Oct. 1.  Full Article

Mitsui Engineering & Shipbuilding amends consolidated mid-year outlook for FY 2016
Friday, 31 Jul 2015 03:00am EDT 

Mitsui Engineering & Shipbuilding Co Ltd:Says the company increased the consolidated mid-year outlook for revenue to 390,000 mln yen from 390,000 mln yen, for the fiscal year ending March 2016.Sees a decrease of operating profit forecast to 1,000 mln yen from 7,000 mln yen.Sees a decrease of ordinary profit forecast to 4,000 mln yen from 7,000 mln yen.Sees a decrease of net profit forecast to 500 mln yen from 3,000 mln yen.Sees a decrease of earnings per share to 0.62 yen from 3.69 yen.Says the profit outlook raised due to provision for losses on construction work in subsidiary.  Full Article

Ferrotec to acquire shares of ADMAP from Mitsui Engineering & Shipbuilding
Tuesday, 2 Jun 2015 02:00am EDT 

Ferrotec Corp:To acquire 2,223 shares (66.02 pct voting rights) of Okayama-based company ADMAP from Mitsui Engineering & Shipbuilding, on July 1, for 878 mln yen.To hold 66.02 pct voting rights in ADMAP.  Full Article

Mitsui Engineering & Shipbuilding lowers consolidated full-year outlook for FY 2015
Friday, 24 Apr 2015 02:00am EDT 

Mitsui Engineering & Shipbuilding Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 816,000 million yen from 820,000 million yen for FY ended March 2015.Sees a decrease of operating profit forecast to 13,300 million yen from 18,000 million yen.Sees a decrease of ordinary profit forecast to 14,900 million yen from 22,000 million yen.Sees a decrease of net profit forecast to 9,500 million yen from 12,000 million yen.Sees a decrease of earnings per share to 11.67 yen from 14.71 yen.Comments the construction contracts loss allowance and decreased income are the main reasons for the forecast.  Full Article

Mitsui Engineering & Shipbuilding raises full-year consolidated revenue outlook for FY 2015
Tuesday, 3 Feb 2015 01:00am EST 

Mitsui Engineering & Shipbuilding Co Ltd:Full-year consolidated outlook for revenue of 820,000 mln yen raised from 760,000 mln yen, for fiscal year ending March 31, 2015.Full-year operating profit outlook reaffirmed as 18,000 mln yen.Full-year ordinary profit outlook of 22,000 mln yen raised from 20,000 mln yen.Full-year net profit outlook of 12,000 mln yen raised from 10,000 mln yen.Full-year earnings per share outlook of 14.71 yen raised from 12.09 yen.Outlook raised due to revised outlook of subsidiary Modec Inc, foreign exchange impact and gain on negative goodwill.FY 2015 revenue of 766,800 mln yen and net income of 10,440 mln yen - Thomson Reuters I/B/E/S.  Full Article

Mitsui Engineering & Shipbuilding announces business and capital alliance with KAJI TECHNOLOGY
Friday, 30 Jan 2015 01:30am EST 

Mitsui Engineering & Shipbuilding Co Ltd:To acquire 5,350,460 shares (32.48 pct voting rights) of KAJI TECHNOLOGY for 2,487,054,322 yen from Marubeni, on Jan. 30.To joint develop RC business.To set up project team and to cooperate on production, operation, purchase, after service and research and development.  Full Article