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Fuji Heavy Industries Ltd (7270.T)

7270.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Tan Chong International says Fuji Heavy Industries and unit entered JV agreement
Wednesday, 8 Feb 2017 03:58am EST 

Tan Chong International Ltd <0693.HK> : FHI and TC Manufacturing and Assembly (Thailand) entered into jv agreement to form jv company for complete knock down production of Subaru vehicles in Thailand . "planned investment is 5 billion baht" . Jv company will engage in CKD production of Subaru vehicles in Thailand . chairman of JV company will be appointed by TC Manufacturing and Assembly (Thailand) . ."planned investment will be injected by parties in two tranches".  Full Article

NHTSA says Subaru recalling certain model year 2010-2014 legacy vehicles
Friday, 30 Sep 2016 09:00am EDT 

National Highway Traffic Safety Administration : Subaru recalling certain vehicles due to fire risk and crash risk from contamination relating to windshield wiper motor . Subaru recalling certain model year 2010-2014 legacy vehicles made November 2008 to June 2013 and 2010-2014 outback vehicles made January 2009 to June 2013 Source: (http://bit.ly/2d14G41) Further company coverage: [7270.T] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Subaru Of America Inc reports August sales of 60,418 vehicles, up 14.7 pct
Thursday, 1 Sep 2016 01:05pm EDT 

Subaru Of America Inc:Subaru Of America Inc reported 60,418 vehicle sales for august 2016, a 14.7 percent increase over August 2015 sales of 52,697 vehicles.  Full Article

Changchai to buy 67 pct stake in JV from Fuji Heavy Industries
Thursday, 1 Sep 2016 02:54am EDT 

Changchai Co Ltd <000570.SZ> : Says it plans to buy a 67 percent stake in a Changzhou-based gasoline engine maker (joint venture) from Fuji Heavy Industries Ltd <7270.T>, for 26.3 million yuan .Says the co to hold a 100 percent stake in JV up from 33 percent after the transaction.  Full Article

Fuji Heavy Industries'Group operating profit fell 25% on the year for April-June qtr- Nikkei
Thursday, 28 Jul 2016 01:01pm EDT 

: Fuji Heavy Industries' Group operating profit fell 25% on the year for the April-June quarter- Nikkei . Fuji Heavy Industries' Group plans to book 30 bln yen in losses during the year ending in March involving recall of Takata air-bag inflators- Nikkei . Fuji Heavy Industries' Group most of 30 bln yen losses from recall of Takata air-bag inflators will be booked in the April-June period - Nikkei .Fuji Heavy Industries' Group expected to retain forecast of 25.7% growth in operating profit to 420 bln yen for the year ending in March 2017 - Nikkei.  Full Article

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

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BRIEF-Tan Chong International says Fuji Heavy Industries and unit entered JV agreement

* FHI and TC Manufacturing and Assembly (Thailand) entered into jv agreement to form jv company for complete knock down production of Subaru vehicles in Thailand