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Topy Industries Ltd (7231.T)

7231.T on Tokyo Stock Exchange

2,986JPY
30 Mar 2017
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¥3,390
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¥1,930

Latest Key Developments (Source: Significant Developments)

Topy Industries buys back 488,200 shares for 1.5 bln yen
Tuesday, 14 Mar 2017 03:27am EDT 

Topy Industries Ltd <7231.T>:Says it completed share repurchase plan disclosed on Dec. 13, 2016, with a result of 488,200 shares repurchased for 1.5 billion yen.  Full Article

Topy Industries to fully acquire wheel firm from Nippon Steel & Sumitomo Metal
Wednesday, 8 Mar 2017 01:18am EST 

Topy Industries Ltd <7231.T>: Says it plans to acquire 100 percent stake in a Okayama-based wheel firm from Nippon Steel & Sumitomo Metal Corp <5401.T> .Says effective in October.  Full Article

Topy Industries announces change of president and chairman
Tuesday, 7 Mar 2017 12:46am EST 

Topy Industries Ltd <7231.T> :Says co names current president Yasuo Fujii as new chairman, and Nobuhiko Takamatsu as new president for replacement, which will be effective in late June.  Full Article

Topy Industries to buy property in Chiba
Tuesday, 21 Feb 2017 02:00am EST 

Topy Industries Ltd <7231.T> :Says co plans to buy land and building in Chiba, at an undisclosed price, on March 17.  Full Article

TOPY INDUSTRIES announces private placement of treasury stock
Tuesday, 24 May 2016 03:30am EDT 

TOPY INDUSTRIES Ltd <7231.T> : Says it plans to distribute 3.7 million shares of its treasury common stock at 218 yen per share through private placement to MW ITALIA S.R.L. . To raise 800.5 million yen in total through private placement .Says placement period from June 9 to Nov. 30.  Full Article

TOPY INDUSTRIES lowers consolidated full-year outlook for FY 2016
Wednesday, 4 Nov 2015 11:30pm EST 

TOPY INDUSTRIES LTD:Says the company lowered the consolidated full-year outlook for revenue to 230,000 million yen from 246,000 million yen for the fiscal year ending March 31, 2016.Reaffirms operating profit forecast as 9,700 million yen.Reaffirms ordinary profit forecast as 8,800 million yen.Sees a decrease of net profit forecast to 1,500 million yen from 5,400 million yen.Sees a decrease of earnings per share to 6.33 yen from 22.80 yen.FY 2016 revenues of 240.00 billion yen, net profit of 5.4 billion yen – Thomson Reuters I/B/E/S.Comments decreased sales of steel business is the main reason for the forecast.  Full Article

TOPY INDUSTRIES to dissolve wholly owned subsidiary
Wednesday, 4 Nov 2015 11:30pm EST 

TOPY INDUSTRIES LTD:To dissolve its wholly owned subsidiary, which has been engaged in the manufacturing and sales of huge wheel parts in Tianjin, China.The liquidation is to be completed in March 2016.  Full Article

R&I affirms TOPY INDUSTRIES LTD's rating at "BBB+" and announces stable outlook
Wednesday, 2 Sep 2015 02:00am EDT 

TOPY INDUSTRIES LTD:Rating and Investment Information, Inc. (R&I) affirmed TOPY INDUSTRIES LTD's rating at "BBB+".Rating outlook stable.  Full Article

TOPY INDUSTRIES to issue year-end dividend for FY 2015
Wednesday, 20 May 2015 12:30am EDT 

TOPY INDUSTRIES LTD:To issue a year-end dividend of 3 yen per share to all the shareholders of record as of March 31, for FY ended March 2015.Payment date June 4.Says latest dividend forecast was 3 yen per share.  Full Article

TOPY INDUSTRIES announces agreement of subsidiary
Friday, 8 May 2015 12:30am EDT 

TOPY INDUSTRIES LTD:Says Aichi-based subsidiary signed power supply contract with ORIX Corporation and Nippon Steel & Sumikin Engineering.Contract started from April 1.  Full Article

More From Around the Web

BRIEF-Topy Industries buys back 488,200 shares for 1.5 bln yen

* Says it completed share repurchase plan disclosed on Dec. 13, 2016, with a result of 488,200 shares repurchased for 1.5 billion yen