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Daido Metal Co Ltd (7245.T)

7245.T on Tokyo Stock Exchange

1,035JPY
29 Mar 2017
Change (% chg)

¥-11 (-1.05%)
Prev Close
¥1,046
Open
¥1,053
Day's High
¥1,057
Day's Low
¥1,029
Volume
160,400
Avg. Vol
93,883
52-wk High
¥1,245
52-wk Low
¥742

Latest Key Developments (Source: Significant Developments)

Daido Metal to buy Thai business from Asahi Tec - Nikkei
Thursday, 22 Dec 2016 03:35pm EST 

Nikkei :Daido Metal to purchase Asahi Tec's aluminum casting segment in Thailand for more than 10 billion yen - Nikkei.  Full Article

Daido Metal postpones holding firm acquisition to Dec. 6
Monday, 5 Dec 2016 12:11am EST 

Daido Metal Co Ltd <7245.T>: Says it postponed the acquisition for 100 percent stake in a holding company to Dec. 6 .In the previous plan disclosed on Sep. 27, it said to complete the acquisition on Nov. 30.  Full Article

Daido Metal to buy Japan-based firm for 10.2 mln yen
Tuesday, 27 Sep 2016 03:02am EDT 

Daido Metal Co Ltd <7245.T>: Says it to buy a Japan-based holding company for 10.2 million yen (including advisory expense) .Says transaction will effective on Nov. 30.  Full Article

R&I affirms Daido Metal‘s rating at "BBB" and stable outlook
Monday, 4 Jul 2016 02:08am EDT 

Daido Metal Co Ltd <7245.T>: Says rating and Investment Information, Inc. (R&I) affirmed the rating on the company at "BBB" .Rating outlook stable.  Full Article

Daido Metal lowers consolidated full-year outlook for FY 2016
Wednesday, 11 Nov 2015 11:00pm EST 

Daido Metal Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 82,000 million yen from 85,500 million yen for FY ending March 2016.Sees a decrease of operating profit forecast to 7,200 million yen from 8,000 million yen.Sees a decrease of ordinary profit forecast to 7,200 million yen from 8,600 million yen.Sees a decrease of net profit attributable to parent company's shareholders forecast to 4,100 million yen from 5,300 million yen.Sees a decrease of earnings per share to 102.97 yen from 133.09 yen.FY 2016 revenues of 87.50 billion yen, net income of 5.50 billion yen – Thomson Reuters I/B/E/S.Comments the sales decrease is the main reason for the forecast.  Full Article

R&I affirms Daido Metal's rating at "BBB" and announces stable outlook
Monday, 25 May 2015 02:00am EDT 

Daido Metal Co Ltd:Rating and Investment Information, Inc. (R&I) affirmed Daido Metal's issuer rating at "BBB".Rating outlook stable.  Full Article

Daido Metal issues consolidated full-year outlook and dividend forecast for FY 2016
Monday, 11 May 2015 12:00am EDT 

Daido Metal Co Ltd:Issued the consolidated full-year outlook for revenue at 85,500 million yen for FY ending March 2016.Operating profit of 8,000 million yen.Ordinary profit of 8,600 million yen.Net profit of 5,300 million yen.Issues mid-year dividend forecast of 13 yen per share, for FY 2016.Issues year-end dividend forecast of 13 yen per share, for FY 2016.  Full Article

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