Key Developments: F-Tech Inc (7212.T)

7212.T on Tokyo Stock Exchange

1,160JPY
30 Oct 2014
Price Change (% chg)

¥6 (+0.52%)
Prev Close
¥1,154
Open
¥1,161
Day's High
¥1,177
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¥1,156
Volume
150,400
Avg. Vol
40,740
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¥1,717
52-wk Low
¥1,081

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Latest Key Developments (Source: Significant Developments)

F-Tech Inc announces details for private placement
Friday, 31 Jan 2014 02:00am EST 

F-Tech Inc:Says to issue 390,000 shares at paid-in price of 1,408.65 yen per share (549,373,500 yen in total), through private placement.Says subscription date of Feb. 4 and payment date of Feb. 5.  Full Article

F-Tech Inc announces issue price of new shares
Monday, 20 Jan 2014 02:40am EST 

F-Tech Inc:Says determined the issue price of new shares to be issued through public offering at 1,482 yen per share and paid-in price at 1,408.65 yen per share * Says determined the paid-in price of new shares to be issued through private placement at 1,482 yen per share.  Full Article

F-Tech Inc to issue new shares
Wednesday, 8 Jan 2014 01:30am EST 

F-Tech Inc:Says issue of 2,610,000 new shares of its common stock through public offering.Says issue price to be decided during the period from Jan. 20 to Jan. 22.Says issue of 390,000 new shares of its common stock through private placement to Mizuho Securities Co Ltd.Says subscription date on Feb. 4 and payment date on Feb. 5.  Full Article

F-Tech Inc Announces Outcome of Early-retirement Program
Wednesday, 10 Apr 2013 02:00am EDT 

F-Tech Inc announced that 212 employees have taken up the offer of the early-retirement program, which was announced on February 7, 2013. The retirement date is June 30, 2013. The Company will provide retirement payment, special allowance, as well as reemployment support.  Full Article

F-Tech Inc to Offer Early-retirement Program and Expects Extraordinary Loss for Q3 of FY 2013; Amends Full-year Consolidated Outlook and Cancels Year-end Dividend Payment for FY 2013
Thursday, 7 Feb 2013 01:00am EST 

F-Tech Inc announced that it plans to offer an early-retirement program to its employees, during the period from March 18, 2013 to March 29, 2013, which will include severance pay, extra retirement payment and outplacement support. The Company expects approximately 150 employees to take up the offer, with June 30, 2013 as the retirement date. As a result, the Company will record an extraordinary loss of JPY 1,395 million caused by the retirement payment, for the third quarter of the fiscal year ending March 31, 2013. The Company also announced that it has raised its full-year consolidated outlook for revenue from JPY 141,000 million to JPY 143,000 million, operating profit from JPY 4,800 million to JPY 5,050 million, ordinary profit from JPY 4,500 million to JPY 5,000 million, and lowered its full-year consolidated outlook for net profit (loss) from JPY 1,400 million to JPY (2,750 million), and earnings (loss) per share from JPY 113.29 to JPY (222.54), for the fiscal year ending March 31, 2013. The Company lowered its full-year consolidated outlook for net profit mainly due to the extraordinary loss for business reorganization. The Company also has canceled its year-end dividend payment of JPY 10.00 per share, which was announced on November 2, 2012, for the same fiscal year.  Full Article

F-Tech Inc to Establish Indonesia-based Subsidiary
Wednesday, 12 Dec 2012 01:00am EST 

F-Tech Inc announced that it has decided to establish an Indonesia-based subsidiary PT. F. TECH INDONESIA, which will be engaged in the manufacturing and sale of suspension components and related products, effective January 1, 2013. The subsidiary will start production effective September 2013.  Full Article

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