Key Developments: Mitsubishi Pencil Co Ltd (7976.T)
1,897JPY
24 May 2013
¥1 (+0.05%)
¥2,042
¥1,885
¥1,963
¥1,868
36,200
23,698
¥2,175
¥1,280
Latest Key Developments (Source: Significant Developments)
MITSUBISHI PENCIL CO LTD Raises Year-end Dividend Forecast for FY 2012
MITSUBISHI PENCIL CO LTD announced that it has resolved to distribute a bonus dividend in commemoration of the 30th anniversary for launch of its main product Posca. Therefore, the Company has raised its year-end dividend from JPY 12.50 per share, which was announced on February 13, 2012, to JPY 13.50 per share (JPY 12.50 per share of a common dividend and JPY 1.00 per share of a bonus dividend), for the fiscal year ending December 2012. Full Article
MITSUBISHI PENCIL CO LTD Plans To Raise Stake In Indian Partner Linc Pen & Plastics Ltd-The Economic Times
The Economic Times reported that MITSUBISHI PENCIL CO LTD plans to increase its stake in its Indian partner Linc Pen & Plastics Ltd from a little over 13% that it bought early this year. Mitsubishi Pencil Co's global president Eiichiro Suhara said the Company is eager to invest in Linc Pens since it has identified India as its main growth market, while Europe and the U.S are slowing. Full Article
Mitsubishi Pencil Co., Ltd. Announces Common Stock Retirement
Mitsubishi Pencil Co., Ltd. announced that it will retire 1,000,000 shares of its common stock on December 8, 2011. After the retirement, the total amount of its shares outstanding will be 32,143,146. Full Article
Mitsubishi Pencil Co., Ltd. Amends Consolidated Mid-year and Full-year Outlook for FY 2011
Mitsubishi Pencil Co., Ltd. announced that it has lowered its consolidated mid-year outlook for revenue from JPY 26,600 million to JPY 26,200 million, but raised the outlook for operating profit from JPY 2,700 million to JPY 3,600 million, ordinary profit from JPY 2,800 million to JPY 3,700 million, net profit from JPY 1,700 million to JPY 2,490 million and earning per share from JPY 56.32 to JPY 83.02, for the fiscal year ending December 2011. The Company has also lowered its consolidated full-year outlook for revenue from JPY 52,500 million to JPY 52,000 million, but raised the outlook for operating profit from JPY 5,400 million to JPY 6,200 million, ordinary profit from JPY 5,600 million to JPY 6,300 million, net profit from JPY 3,400 million to JPY 4,000 million and earning per share from JPY 112.64 to JPY 134.50, for the fiscal year ending December 2011. The Company lowered the revenue outlook due to the decreased sales. Full Article
Earnings vs. 
Estimates
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
