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Kawai Musical Instruments Manufacturing Co Ltd (7952.T)

7952.T on Tokyo Stock Exchange

2,383JPY
8:56pm EDT
Change (% chg)

¥-37 (-1.53%)
Prev Close
¥2,420
Open
¥2,392
Day's High
¥2,405
Day's Low
¥2,372
Volume
1,400
Avg. Vol
10,537
52-wk High
¥2,450
52-wk Low
¥1,673

Latest Key Developments (Source: Significant Developments)

Kawai Musical Instruments Manufacturing plans merger with units
Tuesday, 28 Mar 2017 02:00am EDT 

Kawai Musical Instruments Manufacturing Co Ltd <7952.T> : Says co plans merger of musical instruments units with two phases . Says, as phase one, co's Shizuoka-based 55 percent owned unit plans to merge with co's 85.7 percent owned unit Diapason via stock swap, and unit Diapason will be dissolved after transaction . One share of unit Diapason's stock will be exchanged with 455.74 shares of co's Shizuoka-based 55 percent owned unit's stock, and 546,888 shares of Nippon co's Shizuoka-based 55 percent owned unit's stock will be exchanged . As phase two, the company will merge the surviving unit after phase one merger, and the surviving unit will be dissolved after transaction .Restructures will be effective on June 1.  Full Article

Kawai Musical Instruments Manufacturing plans business and capital alliance with Parsons Music Corp
Thursday, 9 Feb 2017 01:45am EST 

Kawai Musical Instruments Manufacturing Co Ltd <7952.T> : Says it plans to for a business and capital alliance with Parsons Music Corp . Says two entities will mainly cooperate in instruments production with brand of KAWAI and related marketing, sale and after service business .Parsons Music Corp will acquire 9.94 percent stake of shares in co.  Full Article

Kawai Musical Instruments Manufacturing completes establishment of unit in China
Tuesday, 24 May 2016 12:19am EDT 

Kawai Musical Instruments Manufacturing Co Ltd <7952.T>: Says it completed establishment of new subsidiary in China .Says plan disclosed Dec. 24, 2015.  Full Article

Kawai Musical Instruments Manufacturing to establish subsidiary
Thursday, 24 Dec 2015 01:00am EST 

Kawai Musical Instruments Manufacturing Co Ltd:To establish a wholly owned subsidiary based in Beijing in March 2016.New subsidiary to be engaged in import and export of musical instrument.New subsidiary to be capitalized at 50 million yuan.  Full Article

Kawai Musical Instruments Manufacturing updates business and capital alliance with Onkyo Corporation
Tuesday, 24 Nov 2015 01:00am EST 

Kawai Musical Instruments Manufacturing Co Ltd:Kawai Musical Instruments Manufacturing purchased 8,080,600 shares (9.94 pct stake) of Onkyo Corporation at price of 1,026,236,200 yen in total on Nov. 24.Kawai Musical Instruments Manufacturing issued 450,500 new shares (5 pct stake) to Onkyo Corporation, at the price of 2,278 yen per share or 1,026,239,000 yen in all, through private placement.Previous release disclosed on Nov. 5.  Full Article

Kawai Musical Instruments Manufacturing signs business and capital alliance with Onkyo Corporation
Thursday, 5 Nov 2015 02:00am EST 

Kawai Musical Instruments Manufacturing Co Ltd:Signs a business and capital alliance with Onkyo Corporation, which is engaged in the design, manufacturing and sales of speaker for car use, as well as production of music and electronic machinery in Osaka, Japan.Through the business alliance, the two companies will work together on new service and market development, back office, material purchasing and production.Through the capital alliance, Kawai Musical Instruments Manufacturing will purchase 8,080,600 shares of Onkyo Corporation.Kawai Musical Instruments Manufacturing will also issue 450,500 new shares to Onkyo Corporation, at the price of 2,278 yen per share or 1,026,239,000 yen in all, through private placement.Effective date Nov. 24.  Full Article

Gakken Holdings to expand business and capital alliances with Kawai Musical Instruments Manufacturing
Friday, 31 Jul 2015 02:30am EDT 

Gakken Holdings Co Ltd and Kawai Musical Instruments Manufacturing Co Ltd:To expand business and capital alliances with each other on July 31.To expand cooperation in classroom operation and content utilization in business alliance.Gakken Holdings to acquire 286,800 shares in Kawai Musical for about 600 mln yen.Kawai Musical to acquire 2,439,000 shares in Gakken Holdings for about 600 mln yen.  Full Article

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