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Sakurai Ltd (7255.T)

7255.T on Tokyo Stock Exchange

548JPY
23 May 2017
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¥655
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¥406

Latest Key Developments (Source: Significant Developments)

SAKURAI lowers consolidated full-year outlook for FY 2016
Wednesday, 10 Feb 2016 12:00am EST 

SAKURAI LTD:Says the company reaffirmed the consolidated full-year outlook for revenue at 5,270 mln yen for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to a loss of 470 mln yen from a loss of 290 mln yen.Sees a decrease of ordinary profit forecast to a loss of 410 mln yen from a loss of 230 mln yen.Sees a decrease of net profit forecast to a loss of 220 mln yen from a loss of 180 mln yen.Sees a decrease of earnings per share to a loss of 55.01 yen from a loss of 45.01 yen.Says liquidated damages, increased manufacturing cost price as main reason for the forecast.  Full Article

SAKURAI amends consolidated full-year outlook for FY 2016 and lowers year-end dividend forecast for FY 2016
Wednesday, 11 Nov 2015 12:00am EST 

SAKURAI LTD:Says the company increased the consolidated full-year outlook for revenue to 5,270 million yen from 5,070 million yen for FY ending March 2016.Sees a decrease of operating profit forecast to -290 million yen from 155 million yen.Sees a decrease of ordinary profit forecast to -230 million yen from 210 million yen.Sees a decrease of net profit attributable to parent company's shareholders forecast to -180 million yen from 140 million yen.Sees a decrease of earnings per share to -45.01 yen from 35.01 yen.Comments the increased manufacture costs is the main reason for the forecast.Lowered year-end dividend forecast to 10 yen per share from 15 yen per share for FY ending March 2016.  Full Article

SAKURAI to dissolve subsidiary
Thursday, 6 Aug 2015 01:00am EDT 

SAKURAI LTD:Says to dissolve a subsidiary SAKURAI (THAILAND) LTD. (holds 48 pct stake) that has been engaged in machine tool sales and import and export business.  Full Article

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BOJ policymaker pledges to maintain huge bond buying

OTSU, Japan Bank of Japan board member Makoto Sakurai said the central bank will continue to buy massive amounts of government bonds even under a new policy framework targeting interest rates, shrugging off the view that its bond-buying programme was nearing a limit.