Key Developments: Nifco Inc (7988.T)

7988.T on Tokyo Stock Exchange

3,900JPY
1:00am EST
Price Change (% chg)

¥15 (+0.39%)
Prev Close
¥3,885
Open
¥4,095
Day's High
¥4,125
Day's Low
¥3,890
Volume
443,400
Avg. Vol
198,981
52-wk High
¥4,125
52-wk Low
¥2,540

Search Stocks

Latest Key Developments (Source: Significant Developments)

NIFCO INC raises consolidated full-year outlook for FY 2015
Thursday, 30 Oct 2014 02:00am EDT 

NIFCO INC:Says the company increased the consolidated full-year outlook for revenue to 210,000 million yen from 195,000 million yen for FY ending March 2015.Operating profit forecast increased to 19,500 million yen from 17,000 million yen.Ordinary profit forecast increased to 19,500 million yen from 17,500 million yen.Net profit forecast increased to 11,500 million yen from 10,000 million yen.Earnings per share increased to 217.55 yen from 189.26 yen.FY 2015 revenues of 207.93 billion yen, net income of 12.26 billion yen – Thomson Reuters I/B/E/S.Comments the sales increase of synthetic resin business is the main reason for the forecast.  Full Article

R&I affirms NIFCO INC's rating at "A" and stable outlook
Thursday, 30 Oct 2014 02:00am EDT 

NIFCO INC:Rating and Investment Information, Inc. (R&I) affirmed NIFCO INC's rating at "A".Rating outlook stable.  Full Article

NIFCO INC raises year-end dividend forecast for FY 2015
Thursday, 30 Oct 2014 02:00am EDT 

NIFCO INC:Raised year-end dividend forecast to 35 yen per share from 30 yen per share for FY ending March 2015.  Full Article

NIFCO INC received written decision from National Tax Tribunal
Wednesday, 20 Aug 2014 09:30pm EDT 

NIFCO INC:Received written decision from National Tax Tribunal on Aug. 18 to cancel the tax punishment related to tax haven countermeasure taxation system.Expected to be refund about 0.8 bln yen of income taxes, residents taxes and so on.The company received notice of correction from Tokyo Regional Taxation Bureau, claiming more taxes, on June 26, 2013. The Company disagrees with the notice and filed appeal against the decision on Aug. 22, 2013.  Full Article

NIFCO to pay year-end dividend for FY 2014
Tuesday, 13 May 2014 02:00am EDT 

NIFCO INC:To pay year-end dividend of 36 yen per share, above latest dividend forecast of 29 yen per share, for fiscal year 2014.Record date March 31 and effective date June 27.  Full Article

NIFCO to acquire KTW GmbH & Co. KG
Monday, 21 Apr 2014 08:00pm EDT 

NIFCO INC:To acquire 100 pct voting power of KTW GmbH & Co. KG group companies, which are engaged in manufacture and sale of automotive plastic products in Germany, from Karl Heinz Durst and others.No further details were disclosed.  Full Article

NIFCO INC announces changes in shareholding structure
Monday, 10 Feb 2014 01:45am EST 

NIFCO INC:Says its top shareholder has transfered all of his 5,943,665 shares (11.19 pct of voting power) of the company to Ogasawara Holdings Co., Limited on Feb. 10.Says Ogasawara Holdings Co., Limited has become the top shareholder, holding 5,943,665 shares (11.19 pct of voting power).  Full Article

NIFCO INC raises full-year consolidated outlook and year-end dividend forecast for FY 2014
Friday, 31 Jan 2014 01:00am EST 

NIFCO INC:Sees raised full-year consolidated outlook for fiscal year ending Mar. 31, 2014.Sees full-year revenue of 180,000 million yen raised from 165,000 million yen.Sees full-year operating profit of 15,000 million yen raised from 12,500 million yen.Sees full-year ordinary profit of 16,000 million yen raised from 12,800 million yen.Sees full-year net profit of 8,500 million yen raised from 7,200 million yen.Sees full-year earnings per share of 161.00 yen raised from 136.40 yen.Says outlook raised due to depreciation of yen, increase in sales of synthetic resin for automobile, and smooth performance of bed and furniture business.Sees year-end dividend of 29 yen per share raised from 24 yen per share, for the same fiscal year.  Full Article

NIFCO INC Raises Consolidated Full-year Outlook for FY 2014
Tuesday, 29 Oct 2013 02:00am EDT 

NIFCO INC announced that it has raised consolidated full-year outlook for revenue from JPY 150,000 million to JPY 165,000 million, operating profit from JPY 11,500 million to JPY 12,500 million, ordinary profit from JPY 1,1000 million to JPY 12,800 million, net profit from JPY 7,000 million to JPY 7,200 million, earnings per share from JPY 132.69 to JPY 136.4 for the fiscal year ending March 2014. The positive outlook is mainly due to increase of sales of synthetic resin products and decrease of costs.  Full Article

NIFCO INC Announces Merger of Subsidiaries
Tuesday, 29 Oct 2013 02:00am EDT 

NIFCO INC announced that its wholly owned subsidiary, Nifco Deutschland Gmbh, will be merging with KTS Gmbh Co. KG, a wholly owned subsidiary of Nifco Deutschland Gmbh, effective January 2014. After this, the two subsidiaries will become Nifco KTS Gmbh  Full Article

Search Stocks