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Kikusui Chemical Industries Co Ltd (7953.NG)

7953.NG on Nagoya Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Kikusui Chemical Industries says JV's China plant to start operation
Thursday, 11 May 2017 12:53am EDT 

May 11 (Reuters) - Kikusui Chemical Industries Co Ltd <7953.T>:* Says Jiangsu-based JV will complete establishment of new plant based in Jiangsu on May 16 and start operation in May.* Says the new plant will produce architectural paint and coated material.  Full Article

KIKUSUI CHEMICAL INDUSTRIES completes share repurchase
Tuesday, 8 Mar 2016 07:00pm EST 

KIKUSUI CHEMICAL INDUSTRIES CO LTD:Completes repurchase of 820,000 shares of its common stock, representing 2.15 pct of outstanding.Shares repurchased at the price of 2,113,140,000 yen in total, on March 8.  Full Article

KIKUSUI CHEMICAL INDUSTRIES announces prosecution of managing director
Tuesday, 8 Mar 2016 05:30am EST 

KIKUSUI CHEMICAL INDUSTRIES CO LTD:Says its managing director was prosecuted on March 9 due to the suspicion of violation of Anti-Trust Law.  Full Article

KIKUSUI CHEMICAL INDUSTRIES announces arrest of officer
Tuesday, 16 Feb 2016 07:40pm EST 

KIKUSUI CHEMICAL INDUSTRIES CO LTD:Says its managing director was arrested by the police of Aichi prefecture due to the suspicions of a violation of the Unfair Competition Prevention Act, on Feb. 16.  Full Article

KIKUSUI CHEMICAL INDUSTRIES updates on JV with Shanghai firm
Thursday, 7 Jan 2016 01:00am EST 

KIKUSUI CHEMICAL INDUSTRIES CO LTD:Says subsidiary KIKUSUI HONGKONG to establish a new joint venture with Shanghai-based company, in Jiangsu, China.Joint venture will be capitalized at 93 mln yuan and will be engaged in the sale and manufacturing of paints.Subsidiary and the Shanghai company will hold 90 pct and 10 pct stake in the joint venture, respectively.  Full Article

KIKUSUI CHEMICAL INDUSTRIES raises consolidated mid-year outlook for FY 2016
Monday, 9 Nov 2015 02:40am EST 

KIKUSUI CHEMICAL INDUSTRIES CO LTD:Says the company increased the consolidated mid-year outlook for revenue to 10,557 mln yen from 10,502 mln yen, for the fiscal year ending March 31, 2016.Operating profit forecast increased to 372 mln yen from 325 mln yen.Ordinary profit forecast increased to 392 mln yen from 333 mln yen.Net profit forecast increased to 236 mln yen from 157 mln yen.Earnings per share increased to 18.97 yen from 12.73 yen.Comments the cost control and lower extraordinary loss are the main reasons for the forecast.  Full Article

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