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Daitron Co Ltd (7609.T)

7609.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Daito Electron to issue year-end dividend for FY 2015
Friday, 5 Feb 2016 01:30am EST 

Daito Electron Co Ltd:To issue a year-end dividend of 25 yen per share to all the shareholders of record as of Dec. 31, 2015, for the fiscal year ended Dec. 31, 2015.Payment date March 31.Says the dividend is above latest forecast of 20 yen per share.  Full Article

Daito Electron to merge with units and announces name change
Friday, 5 Feb 2016 01:00am EST 

Daito Electron Co Ltd:To merge with its Osaka-based wholly owned subsidiary and its Shiga-based wholly owned subsidiary effective on Jan. 1, 2017.Says the two units to be dissolved after the transaction.To change its name into Daitron Co., Ltd. from Daito Electron Co Ltd effective on March 30.  Full Article

Daito Electron raises consolidated full-year outlook and raises year-end dividend forecast for FY 2015
Monday, 3 Aug 2015 02:30am EDT 

Daito Electron Co Ltd:Says the company raised the consolidated full-year outlook for the FY ending Dec. 2015.Revenue forecast with unchanged 43,000 million yen.Operating profit forecast increased to 1,350 million yen from 1,000 million yen.Ordinary profit forecast increased to 1,350 million yen from 1,000 million yen.Net profit forecast increased to 860 million yen from 670 million yen.Earnings per share forecast increased to 77.44 yen from 60.33 yen.FY 2015 revenues of 45.00 billion yen, net income of 0.90 billion yen – Thomson Reuters I/B/E/S.Comments that increased profitability is the main reason for the forecast.Raises year-end dividend forecast to 20 yen per share from 15 yen per share for FY ending Dec. 2015.  Full Article

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