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Sankyo Seiko Co Ltd (8018.T)

8018.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

SANKYO SEIKO lowers consolidated full-year outlook for FY 2016
Monday, 25 Apr 2016 03:30am EDT 

SANKYO SEIKO CO LTD:Says the company lowered the consolidated full-year outlook for revenue to 33,240 million yen from 37,000 million yen for the fiscal year ended March 31, 2016.Sees a decrease of operating profit forecast to 2,370 million yen from 3,100 million yen.Sees a decrease of ordinary profit forecast to 2,760 million yen from 3,300 million yen.Sees a decrease of net profit forecast to 2,170 million yen from 2,400 million yen.Sees a decrease of earnings per share to 47.94 yen from 53.02 yen.Comments that decreased sales of China market is the main reason for the forecast.  Full Article

SANKYO SEIKO to sell wholly owned subsidiary LOFTY
Friday, 25 Mar 2016 02:30am EDT 

SANKYO SEIKO CO LTD:To sell entire 2,000,000 shares in its Tokyo-based wholly owned subsidiary named LOFTY CO., LTD. which is engaged in manufacture, wholesale and retail of bedding, to Aichi-based firm named airweave inc., for an undisclosed price, on March 31.To cut stake in LOFTY to 0 pct from 100 pct after the transaction.  Full Article

SANKYO SEIKO raises year-end dividend forecast for FY 2015
Monday, 20 Apr 2015 02:30am EDT 

SANKYO SEIKO CO LTD:Raised year-end dividend forecast to 15 yen per share from 12.5 yen per share for FY ended March 2015.  Full Article

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