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Futaba Industrial Co Ltd (7241.T)

7241.T on Tokyo Stock Exchange

896JPY
25 May 2017
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Latest Key Developments (Source: Significant Developments)

Futaba Industrial to acquire Shenzhen-based co from unit for 128.5 mln yuan
Thursday, 27 Apr 2017 03:51am EDT 

April 27(Reuters) - Futaba Industrial Co Ltd <7241.T>:Says it will buy company, which is mainly engaged in laser printer, information and environmental equipment parts business located in Shenzhen, China, from its Hong Kong unit, which is engaged in office equipment parts business .Says price at 128.5 million yuan, or about 2 billion yen.Says change will occur in July.  Full Article

Futaba Industrial to set up auto parts manufacturing company in India
Thursday, 27 Oct 2016 03:28am EDT 

Futaba Industrial Co Ltd <7241.T>: Says it to set up an auto parts manufacturing company in India, with another investor, in Jan. 2017 .Says the new company with tentative name of Futaba Industrial Gujarat Private Limited and to be capitalized at 1 billion rupee or about 1.55 billion yen.  Full Article

Futaba Industrial to issue new shares to Toyota Motor via private placement for 1 bln yen
Monday, 23 May 2016 04:03am EDT 

Futaba Industrial Co Ltd <7241.T>: Says it to issue 19.5 million new shares via private placement to Toyota Motor Corp <7203.T> for 1 bln yen in total from June 8, 2016 to May 22, 2017 .Says Toyota Motor Corp's stake in the co to increase to 31.39 percent from 12.26 percent.  Full Article

Futaba Industrial announces change of president
Wednesday, 27 Apr 2016 03:20am EDT 

Futaba Industrial Co Ltd:Appoints Hiroyoshi Yoshiki as new president of the company to replace Yasuhiro Mishima, which to be official decided on June 24.  Full Article

Futaba Industrial expects extraordinary loss for FY 2016
Wednesday, 27 Apr 2016 03:20am EDT 

Futaba Industrial Co Ltd:Says it expects an extraordinary loss of totaling million 1,060 yen recorded as an impairment loss for the fiscal year ended March 2016.  Full Article

Futaba Industrial announces uncollectible or delayed receivables
Friday, 18 Mar 2016 03:30am EDT 

Futaba Industrial Co Ltd:Says concern of uncollectible or delayed receivables of 668 million yen and 447 million yen from a Thailand-based company named YMP PRESS & DIES (THAILAND) CO., LTD.This is due to begining of reorganization in YMP PRESS & DIES (THAILAND) CO., LTD.  Full Article

Futaba Industrial amends consolidated full-year outlook for FY 2016
Thursday, 29 Oct 2015 03:20am EDT 

Futaba Industrial Co Ltd:Says the company increased the consolidated full-year outlook for revenue to 433,000 mln yen from 421,000 mln yen, for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to 3,100 mln yen from 3,800 mln yen.Sees a decrease of ordinary profit forecast to 500 mln yen from 2,100 mln yen.Sees a decrease of net profit forecast to a loss of 1,100 mln yen from 500 mln yen.Sees a decrease of earnings per share to a loss of 15.73 yen from 7.15 yen.  Full Article

Futaba Industrial completes restatement of financial results for FY 2011~ 2014
Tuesday, 30 Jun 2015 03:30am EDT 

Futaba Industrial Co Ltd:Says it has restated annual reports for fiscal year ended March 31, 2011, 2012 and 2013 and Q1, Q2, Q3 reports for fiscal year ended March 31, 2012, 2013 and 2014, on June 30.  Full Article

More From Around the Web

BRIEF- Futaba Industrial to acquire Shenzhen-based co from unit for 128.5 mln yuan

* Says it will buy company, which is mainly engaged in laser printer, information and environmental equipment parts business located in Shenzhen, China, from its Hong Kong unit, which is engaged in office equipment parts business