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Fuji Heavy Industries Ltd (7270.T)

7270.T on Tokyo Stock Exchange

3,984JPY
22 Jul 2016
Change (% chg)

¥-65 (-1.61%)
Prev Close
¥4,049
Open
¥3,940
Day's High
¥4,020
Day's Low
¥3,935
Volume
3,523,700
Avg. Vol
4,335,852
52-wk High
¥5,223
52-wk Low
¥3,252

Latest Key Developments (Source: Significant Developments)

R&I affirms Fuji Heavy Industries Ltd's rating at "A-" and announces stable outlook -R&I
Thursday, 14 Jul 2016 02:00am EDT 

Fuji Heavy Industries Ltd <7270.T> : Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A-" -R&I .Rating outlook stable -R&I.  Full Article

Fuji Heavy recalls vehicles in Japan over Takata air bags
Thursday, 30 Jun 2016 01:48am EDT 

Fuji Heavy Industries <7270.T>: Fuji Heavy Industries: Recalling vehicles to replace Takata air bag inflators . Recalls around 290,000 vehicles in Japan including Subaru Legacy Further company coverage: <7270.T> (Reporting by Naomi Tajitsu) ((naomi.tajitsu@thomsonreuters.com;)).  Full Article

Subaru maker to boost sales incentives on U.S. cars - Nikkei
Thursday, 16 Jun 2016 01:03pm EDT 

Nikkei:Subaru maker Fuji Heavy Industries will raise by 22% amount spent on sales incentives in U.S. to $1,100 per vehicle for FY ending next March - Nikkei.  Full Article

Fuji Heavy Industries plans to change name into SUBARU CORPORATION
Thursday, 12 May 2016 12:25am EDT 

Fuji Heavy Industries Ltd <7270.T> :Says it plans to change its name into SUBARU CORPORATION from Fuji Heavy Industries Ltd with effective date on April 1, 2017.  Full Article

Fuji Heavy Industries global sales for fiscal 2015 likely topped 950,000 units - Nikkei
Wednesday, 11 May 2016 02:23pm EDT 

Nikkei: Fuji Heavy is raising global sales volume target for fiscal 2020 to more than 1.2 mln vehicles, increase of 100,000 units from previous outlook- Nikkei . Fuji Heavy Industries global sales for fiscal 2015 likely topped 950,000 units - Nikkei . By the end of 2016, Fuji Heavy will double production capacity at its U.S. plant to around 400,000 vehicles a year - Nikkei .Fuji Heavy Industries Ltd's sales in North America alone are seen at around 630,000 vehicles for fiscal 2015 - Nikkei.  Full Article

Fuji Heavy Industries Ltd ecalling over 80,000 Subaru vehicles in Japan - Reuters News
Wednesday, 16 Mar 2016 12:32pm EDT 

Fuji Heavy Industries Ltd:Fuji Heavy Industries said on Thursday it is recalling more than 80,000 Subaru vehicles in Japan over issues with parking brakes and engine ducts. - RTRS.Roughly 64,000 vehicles produced in 2014-2015, including the Levorg sports wagon, WRX sports sedan and Legacy sedan, have issues with parking brakes, the company said.Separately, around 17,000 vehicles produced in 2015, including the Forester crossover model and the Levorg, WRX and Legacy, are being recalled over faulty engine ducts.Fuji Heavy said it expected models exported overseas would also be included in the recall, without giving further details.  Full Article

Fuji Heavy Industries amends consolidated full-year outlook for FY 2016
Wednesday, 23 Dec 2015 10:00pm EST 

Fuji Heavy Industries Ltd:Says the company amended the consolidated full-year outlook for the FY ending March 2016.Confirmed the revenue at 3,210,000 million yen.Confirmed the operating profit forecast at 550,000 million yen.Confirmed the ordinary profit forecast at 547,000 million yen.Net profit forecast increased to 414,000 million yen from 372,000 million yen.Earnings per share forecast increased to 530.51 yen from 476.69 yen.Comments that extraordinary profit of about 48.2 bln yen is the main reason for the forecast.  Full Article

Fuji Heavy Industries Ltd - Bangladesh asylum seeker deported after working for years in Japan - Reuters
Wednesday, 9 Dec 2015 06:42am EST 

Fuji Heavy Industries Ltd:Abu Said Shekh was awakened in his cell at a Japanese immigration detention centre one recent morning and told he was leaving for the airport. After nine years of seeking political asylum in Japan, he was being deported to Bangladesh - RTRS.He was among 22 illegal immigrants, including an undisclosed number of failed asylum seekers, that were put on a state-chartered plane and flown back to Bangladesh on Nov. 25, Japan's Justice Ministry said - RTRS.Shekh featured in a Reuters investigation in July into the use of asylum seekers and other migrant workers in the Subaru automaker Fuji Heavy Industries Ltd’s 7270.T supply chain. - RTRS.At the time, he painted interior car parts, working illegally but protected from deportation while his asylum claim was being assessed. - RTRS.Reuters found that firms in Subaru's supply chain, facing severe labour shortages and straining to meet soaring demand from the United States, had turned to a grey market of foreign workers, including asylum seekers - RTRS.In September, Tokyo announced plans to tighten restrictions on asylum seekers' right to work and placed new curbs on some reapplicants - RTRS.Last week, four Japanese non-governmental organisations criticised the “human rights and humanitarian problems” of detaining and deporting at short notice failed asylum seekers like Shekh, and other long-term residents of Japan.- RTRS.  Full Article

Fuji Heavy Industries to issue mid-year dividend and revises year-end dividend outlook for FY 2016
Wednesday, 4 Nov 2015 11:00pm EST 

Fuji Heavy Industries Ltd:To issue a mid-year dividend of 72 yen per share to all the shareholders of record as of Sep. 30, 2015, for the fiscal year ending March 2016.Payment date Dec. 4, 2015.Says the dividend amount is above the latest forecast disclosed on May 8, 2015.Revises year-end dividend outlook to 72 yen per share, from an undetermined value, for the same fiscal year.  Full Article

R&I affirms Fuji Heavy Industries's rating at "A-" and announces stable outlook
Thursday, 23 Jul 2015 02:00am EDT 

Fuji Heavy Industries Ltd:Rating and Investment Information, Inc. (R&I) affirmed Fuji Heavy Industries's issuer rating at "A-".Rating outlook stable.  Full Article