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Dunlop Sports Co Ltd (7825.T)

7825.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Dunlop Sports to set up JV in Japan
Tuesday, 27 Dec 2016 09:55pm EST 

Dunlop Sports Co Ltd <7825.T>: Says it to set up a JV in Japan with its parent company in the first half year of 2017 . Says the JV to be engaged in management of DUNLOP trademark right and DUNLOP brand sporting goods business, as well as licensing business .Says the JV to be capitalized at 6 billion yen and the co to hold 33.3 percent stake in it.  Full Article

DUNLOP SPORTS announces application of International Financial Reporting Standards
Friday, 12 Feb 2016 01:00am EST 

DUNLOP SPORTS CO. LTD:Says to apply International Financial Reporting Standards (IFRS) as the new accounting method, to replace the current Japan-Generally Accepted Accounting Principles.IFRS effective from the financial report for FY ending Dec. 2016.  Full Article

DUNLOP SPORTS expects lowers consolidated full-year outlook for FY 2015; to pay no dividend for FY 2015
Thursday, 10 Dec 2015 01:00am EST 

DUNLOP SPORTS CO. LTD:Says the company lowered the consolidated full-year outlook for revenue to 77,700 mln yen from 79,000 mln yen for the fiscal year ending Dec. 2015.Sees a decrease of operating profit forecast to 1,200 mln yen from 2,000 mln yen.Sees a decrease of ordinary profit forecast to 1,500 mln yen from 2,500 mln yen.Sees a decrease of net profit forecast to a loss of 3,800 mln yen from 700 mln yen.Sees a decrease of earnings per share to a loss of 131.04 yen from 24.14 yen.Comments the extraordinary loss recorded and decreased sale income in subsidiaries overseas are the main reasons for the forecast.To pay no year-end dividend for the fiscal year ending Dec. 2015, for the latest forecast of 10 yen per share.  Full Article