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KYB Corp (7242.T)

7242.T on Tokyo Stock Exchange

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¥8 (+1.80%)
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¥444
Open
¥447
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¥455
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¥444
Volume
1,271,000
Avg. Vol
845,573
52-wk High
¥455
52-wk Low
¥263

Latest Key Developments (Source: Significant Developments)

R&I affirms KYB's rating at "BBB+" and announces stable outlook – R&I
Friday, 12 Aug 2016 02:12am EDT 

KYB Corp <7242.T>: Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "BBB+" – R&I .Rating outlook stable– R&I.  Full Article

KYB lowers consolidated full-year outlook and expects extraordinary loss for FY 2016
Tuesday, 26 Apr 2016 04:00am EDT 

KYB Corporation:Says it expects an extraordinary loss of 3,600 million yen recorded as an impairment loss for the fiscal year ended March 2016.Says the company lowered the consolidated full-year outlook for revenue to 355,000 mln yen from 362,000 mln yen for the fiscal year ended March 31, 2016.Operating profit forecast increased to 15,500 mln yen from 13,700 mln yen.Ordinary profit forecast increased to 14,000 mln yen from 13,300 mln yen.Sees a decrease of net profit forecast to a loss of 2,400 mln yen from 1,760 mln yen.Sees a decrease of earnings per share to a loss of 9.39 yen from 6.89 yen.Says net profit outlook lowered due to the extraordinary loss.  Full Article

KYB announces reorganization in group companies
Monday, 9 Nov 2015 07:00pm EST 

KYB Corporation:Says its wholly owned China-based machinery industry sub-subsidiary to merge with its wholly owned China-based hydraulic industry sub-subsidiary on April 1, 2016.Says the hydraulic industry sub-subsidiary to be dissolved after transaction.Says its Shanghai-based wholly owned subsidiary to merge with its wholly owned Shanghai-based sub-subsidiary on April 1, 2016, and the sub-subsidiary to be dissolved after transaction.Says its wholly owned Nagano-based subsidiary(KYB-YS) to merge with its wholly owned Nagano-based subsidiary (KYB-CADAC), on April 1, 2016, and KYB-CADAC to be dissolved after transaction.  Full Article

KYB lowers consolidated full-year revenue outlook for FY 2016
Friday, 30 Oct 2015 03:00am EDT 

KYB Corporation:Says the company lowered the consolidated full-year outlook for revenue to 362,000 mln yen from 377,000 mln yen for the fiscal year ending March 31, 2016.Confirms the operating profit forecast at 13,700 mln yen.Sees a decrease of ordinary profit forecast to 13,300 mln yen from 14,400 mln yen.Confirms the net profit forecast at 1,760 mln yen.Confirms the earnings per share at 6.89 yen.  Full Article

KAYABA INDUSTRY receives penalty from U.S. DOJ
Wednesday, 16 Sep 2015 07:30pm EDT 

KAYABA INDUSTRY CO LTD:Receives penalty from the U.S. Department of Justice (DOJ) on Sep. 16 (the U.S. local time), regarding the violation of the U.S. Antitrust Law in sale of shock absorber (for automobile and motorbike use) in U.S.Says it was required to pay a penalty of $62 million (about 7.4 bln yen).  Full Article

KAYABA INDUSTRY expects extraordinary loss for Q2 of FY 2016; lowers consolidated mid-year and full-year net profit outlook for FY 2016
Wednesday, 16 Sep 2015 07:30pm EDT 

KAYABA INDUSTRY CO LTD:Says it expects an extraordinary loss of 7,440 million yen for Q2 of the fiscal year ending March 2016.Says the loss is recorded as a loss of penalty from the U.S. department of justice.Says the company reaffirmed the consolidated mid-year outlook for revenue at 181,000 mln yen for the fiscal year ending March 2016.Confirms the operating profit forecast at 5,500 mln yen.Confirms the ordinary profit forecast at 5,800 mln yen.Sees a decrease of net profit forecast to a loss of 3,740 mln yen from 3,700 mln yen.Sees a decrease of earnings per share to a loss of 14.64 yen from 14.48 yen.Says the company reaffirmed the consolidated full-year outlook for revenue at 377,000 mln yen for the fiscal year ending March 2016.Confirms the operating profit forecast at 13,700 mln yen.Confirms the ordinary profit forecast at 14,400 mln yen.Sees a decrease of net profit forecast to 1,760 mln yen from 9,200 mln yen.Sees a decrease of earnings per share to 6.89 yen from 36.01 yen.Says the net profit outlook lowered due to the extraordinary loss.  Full Article

R&I affirms KAYABA INDUSTRY's rating at "BBB+" and stable outlook
Monday, 29 Jun 2015 02:00am EDT 

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

KAYABA INDUSTRY to change name
Tuesday, 19 May 2015 03:00am EDT 

KAYABA INDUSTRY CO LTD:To change name to KYB Corporation.Effective Oct. 1.  Full Article

KAYABA INDUSTRY amends consolidated full-year outlook for FY 2015
Tuesday, 28 Apr 2015 03:00am EDT 

KAYABA INDUSTRY CO LTD:Says the company increased the consolidated full-year outlook for revenue to 370,000 million yen from 369,000 million yen for FY ended March 2015.Sees a decrease of operating profit forecast to 13,600 million yen from 16,600 million yen.Sees a decrease of ordinary profit forecast to 15,900 million yen from 17,900 million yen.Sees a decrease of net profit forecast to 7,000 million yen from 10,800 million yen.Sees a decrease of earnings per share to 27.4 yen from 42.27 yen.Comments the increased product guarantee reserve of two subsidiaries and impairment loss are the main reasons for the forecast.  Full Article

KAYABA INDUSTRY appoints chairman and president
Thursday, 26 Feb 2015 02:00am EST 

KAYABA INDUSTRY CO LTD:Tadahiko Ozawa to resign from chairman on March 1.Appoints current president Masao Usui as chairman.Appoints Yasusuke Nakajima as president.Effective June 24.  Full Article

BRIEF-R&I affirms KYB's rating at "BBB+" and announces stable outlook - R&I

* Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "BBB+" - R&I