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Satori Electric Co Ltd (7420.T)

7420.T on Tokyo Stock Exchange

677JPY
29 Jul 2016
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Latest Key Developments (Source: Significant Developments)

SATORI ELECTRIC's CEO change
Tuesday, 17 May 2016 02:15am EDT 

SATORI ELECTRIC Co Ltd <7420.T> : Says it appoints Hiroyuki Satori who is current president and COO as new president and chief executive officer (CEO) to succeed Kuzutitoshi Ueda who is currnet chairman of the board and CEO .Says changes to occur on June 1.  Full Article

SATORI ELECTRIC lowers consolidated full-year outlook for FY 2016
Friday, 18 Dec 2015 03:40am EST 

SATORI ELECTRIC CO LTD:Says the company lowered the consolidated full-year outlook for revenue to 120,000 million yen from 128,000 million yen for FY ending May 2016.Sees a decrease of operating profit forecast to 950 million yen from 2,050 million yen.Sees a decrease of ordinary profit forecast to 950 million yen from 2,100 million yen.Sees a decrease of net profit attributable to parent company's shareholders forecast to 500 million yen from 1,530 million yen.Sees a decrease of earnings per share to 29.49 yen from 90.23 yen.Comments the overseas sales decrease is the main reason for the forecast.  Full Article

SATORI ELECTRIC to issue mid-year dividend for FY 2016
Friday, 18 Dec 2015 03:40am EST 

SATORI ELECTRIC CO LTD:To issue a mid-year dividend of 16 yen per share to all the shareholders of record as of Nov. 30, for FY ending May 2016.Payment date Feb. 12.Says latest dividend forecast was 16 yen per share.  Full Article

SATORI ELECTRIC amends consolidated full-year outlook and year-end dividend forecast for FY 2015
Thursday, 18 Jun 2015 02:00am EDT 

SATORI ELECTRIC CO LTD:Says the company lowered the consolidated full-year outlook for revenue to 129,700 million yen from 132,000 million yen for FY ended May 2015.Sees a decrease of operating profit forecast to 1,500 million yen from 1,650 million yen.Ordinary profit forecast increased to 2,340 million yen from 2,100 million yen.Net profit forecast increased to 1,680 million yen from 1,500 million yen.Earnings per share increased to 99.08 yen from 88.46 yen.Comments the sales decrease of electron instrument and foreign exchange gain are the main reasons for the forecast.Raised year-end dividend forecast to 18 yen per share from 12 yen per share for FY ended May 2015.  Full Article

SATORI ELECTRIC CO LTD raises consolidated full-year outlook for FY 2015
Thursday, 18 Dec 2014 01:00am EST 

SATORI ELECTRIC CO LTD:Says the company raised the consolidated mid-year outlook for revenue to 65,000 million yen from 63,000 million yen for the fiscal year ending May 31, 2015.Sees an increase of mid-year operating profit forecast to 740 million yen from 650 million yen.Sees an increase of mid-year ordinary profit forecast to 1,390 million yen from 650 million yen.Sees an increase of mid-year net profit forecast to 1,070 million yen from 500 million yen.Sees an increase of mid-year earnings per share to 63.10 yen from 29.49 yen.Says the company raised the consolidated full-year outlook for revenue to 132,000 million yen from 130,000 million yen for the fiscal year ending May 31, 2015.Reaffirmed the full-year operating profit forecast at 1,650 million yen.Sees an increase of full-year ordinary profit forecast to 2,100 million yen from 1,620 million yen.Sees an increase of full-year net profit forecast to 1,500 million yen from 1,230 million yen.Sees an increase of full-year earnings per share to 88.46 yen from 72.54 yen.Comments that increased sales of the memory component for mobile terminal use and electronic component, as well as the recording of foreign exchange profit are the main reasons for the forecast.  Full Article