Key Developments: Hakuto Co Ltd (7433.T)

7433.T on Tokyo Stock Exchange

29 Dec 2014
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Latest Key Developments (Source: Significant Developments)

Hakuto Co Ltd amends consolidated mid-year outlook for FY 2015
Monday, 27 Oct 2014 02:00am EDT 

Hakuto Co Ltd:Says the company lowered the consolidated mid-year outlook for revenue to 63,600 million yen from 67,000 million yen for the fiscal year ending March 2015.Sees an increased operating profit forecast to 2,100 million yen from 1,900 million yen.Sees an increased ordinary profit forecast to 2,200 million yen from 2,100 million yen.Sees an increased net profit forecast to 1,800 million yen from 1,350 million yen.Sees an increased earnings per share to 82.30 yen from 61.76 yen.Comments that the recording of gain on sales of subsidiary's shares and overseas investment is the main reason for the forecast.  Full Article

Hakuto Co Ltd to sell treasury stock through private placement
Friday, 28 Feb 2014 01:30am EST 

Hakuto Co Ltd:To sell 235,400 shares of its treasury stock to The Master Trust Bank of Japan ,Ltd, through private placement, at the price of 977 yen per share, or 229,985,800 yen in total, on March 20.  Full Article

JCR Affirms Hakuto Co Ltd's Rating at "BBB+"; Rating Outlook Stable - JCR
Wednesday, 6 Nov 2013 12:31am EST 

Japan Credit Rating Agency, Ltd. (JCR) reported that it has affirmed Hakuto Co Ltd's rating at "BBB+". The rating outlook is stable.  Full Article

Hakuto Co Ltd Announces Sales of Property of Subsidiary; Expects Extraordinary Loss for FY 2013
Friday, 29 Mar 2013 02:00am EDT 

Hakuto Co Ltd announced that its subsidiary Fuyo Chemical Industries Co., Ltd. will sell a Chiba-based property. As a result, the Company will record an extraordinary loss of JPY 430 million caused by impairment loss, for the fiscal year ending March 2013.  Full Article

Hakuto Co Ltd Lowers Consolidated Full-year Outlook for FY 2013
Thursday, 31 Jan 2013 01:00am EST 

Hakuto Co Ltd announced that it has lowered the consolidated full-year outlook for revenue from JPY 120,000 million to JPY 112,000 million, operating profit from JPY 4,500 million to JPY 3,100 million, ordinary profit from JPY 4,500 million to JPY 3,200 million, net profit from JPY 2,900 million to JPY 2,200 million and earning per share from JPY 132.67 to JPY 100.65 for the fiscal year ending March 31, 2013. The negative outlook is mainly due to the bad business circumstance of digital equipment related products.  Full Article

BRIEF-Next Biometrics signs distribution agreement with Japan`s Hakuto Co

* Signed a distribution agreement with Japanese distributor Hakuto Co, Ltd

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