Key Developments: Mitsubishi Nichiyu Forklift Co Ltd (7105.T)

7105.T on Tokyo Stock Exchange

794JPY
22 Sep 2014
Price Change (% chg)

¥-2 (-0.25%)
Prev Close
¥796
Open
¥795
Day's High
¥795
Day's Low
¥783
Volume
71,400
Avg. Vol
125,105
52-wk High
¥814
52-wk Low
¥450

Search Stocks

Latest Key Developments (Source: Significant Developments)

NIPPON YUSOKI CO LTD Amends Consolidated Full-year Forecast for FY 2014; Amends Year-end Dividend Forecast for FY 2014
Thursday, 6 Jun 2013 02:00am EDT 

NIPPON YUSOKI CO LTD announced that it has raised the consolidated full-year forecast for revenue from JPY 200,000 million to JPY 215,000 million and amended the forecast for operating profit from an undetermined value to JPY 7,500 million, ordinary profit from an undetermined value to JPY 6,500 million, net profit from an undetermined value to JPY 3,300 million and earning per share from an undetermined value to JPY 31.02 for the fiscal year ending March 31, 2014. The Company has also amended the year-end dividend forecast from an undetermined value to JPY 8.00 per share for the fiscal year ending March 31, 2014.  Full Article

NIPPON YUSOKI CO LTD to Acquire Fork Lift Business from Mitsubishi Heavy Industries, Ltd.; to Change Company Name; Announces Retirement of Chairman
Wednesday, 6 Feb 2013 01:30am EST 

NIPPON YUSOKI CO LTD announced that it has formed a contract to take over the fork lift business from Mitsubishi Heavy Industries, Ltd., effective April 1, 2013. NIPPON YUSOKI will change its company name to Mitsubishi Nichiyu Forklift Co., Ltd., effective April 1, 2013. The Company also announced that its Chairman of the Board and Representative Director, Toshihiko Uratsuji, will retire from the position, effective April 1, 2013.  Full Article

NIPPON YUSOKI CO LTD to Acquire Fork Lift Business and Subsidiaries from Mitsubishi Heavy Industries, Ltd.
Thursday, 29 Nov 2012 01:30am EST 

NIPPON YUSOKI CO LTD announced that it will take over the fork lift business from Mitsubishi Heavy Industries, Ltd., effective April 1, 2013. Along with the business transition, NIPPON YUSOKI CO LTD will acquire 2,300 shares of Mitsubishi Caterpillar Forklift America Inc. (an 88.5% stake), 28,000 shares of Mitsubishi Caterpillar Forklift Europe (a 70.0% stake) , 3,500,000 shares of Mitsubishi Caterpillar Forklift Asia Pte Ltd. (a 70.0% stake), a 100% stake Mitsubishi Heavy Industries Forklift (Dalian) Co., Ltd. (for USD 44,332,000), from Mitsubishi Heavy Industries, Ltd. effective April 1, 2013. After the transactions, the four companies will become subsidiaries of NIPPON YUSOKI CO LTD. Along with the transaction, Rocla Oy, which is a subsidiary of Mitsubishi Caterpillar Forklift Europe B.V., will become sub-subsidiary of NIPPON YUSOKI CO LTD. NIPPON YUSOKI CO LTD will issue 27,213,437 shares of its common stock to Mitsubishi Heavy Industries, Ltd., on April 1, 2013. After this, Mitsubishi Heavy Industries, Ltd.'s voting rights in NIPPON YUSOKI CO LTD will increase from 20.09% to 49.48%, and will be parent company of NIPPON YUSOKI CO LTD. GS Yuasa Corporation's voting rights in the Company will lower from 10.04% to 6.35%.  Full Article

NIPPON YUSOKI CO LTD Amends Mid-year Consolidated Outlook for FY Ending March 2013
Monday, 5 Nov 2012 01:00am EST 

NIPPON YUSOKI CO LTD announced that it has lowered its mid-year consolidated outlook for revenue from JPY 41,100 million to JPY 40,400 million, but raised its mid-year consolidated outlook for operating profit from JPY 700 million to JPY 980 million, ordinary profit from JPY 800 million to JPY 1,070 million, net profit from JPY 330 million to JPY 510 million and earnings per share from JPY 7.03 to JPY 10.86 for the fiscal year ending March 2013. The Company amended its mid-year outlook for revenue mainly due to decreased sales of folk lift in China and raised its mid-year consolidated outlook for profits mainly due to decreased material price and other costs.  Full Article

Search Stocks