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Mitsubishi Shokuhin Co Ltd (7451.T)

7451.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Mitsubishi Shokuhin says misconduct of former executive officer in unit
Friday, 21 Apr 2017 05:54am EDT 

April 21 (Reuters) - Mitsubishi Shokuhin Co Ltd <7451.T> ::* Says misconduct of a former executive officer from co's controlling unit FINELIFE Corp, has been found recently.* Says the unit's former executive officer counterfeited customer orders during the period from June 2004 to March 2015, embezzling about 980 million yen in total.  Full Article

Mitsubishi Shokuhin expects to invest about 15 bln yen in automation- Nikkei<7451.T>
Tuesday, 16 Aug 2016 04:27pm EDT 

Co Ltd <7451.T>: Mitsubishi Shokuhin expects to invest about 15 billion yen ($149 million) in automation at its major domestic distribution centers- Nikkei . Mitsubishi Shokuhin expects to install automated guided vehicles, or AGVS, at its 50 main logistics sites around Japan by fiscal 2020- Nikkei .  Full Article

Mitsubishi Shokuhin announces change of president
Friday, 22 Jan 2016 12:30am EST 

Mitsubishi Shokuhin Co Ltd:Appoints Toru Moriyama as president to replace Takeshi Inoue.Planned effective April 1.  Full Article

Mitsubishi Shokuhin raises consolidated mid-year outlook for FY 2016
Wednesday, 21 Oct 2015 02:00am EDT 

Mitsubishi Shokuhin Co Ltd:Says the company increased the consolidated mid-year outlook for revenue to 1,199,000 mln yen from 1,170,000 mln yen, for the fiscal year ending March 2016.Operating profit forecast increased to 7,300 mln yen from 5,400 mln yen.Ordinary profit forecast increased to 8,300 mln yen from 6,300 mln yen.Net profit forecast increased to 6,800 mln yen from 4,800 mln yen.Earnings per share increased to 119.00 yen from 84.00 yen.Comments the improvement in sales, cost reduction and extraordinary profit are the main reasons for the forecast.  Full Article