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Mitsubishi Corp (8058.T)

8058.T on Tokyo Stock Exchange

2,316JPY
2:00am EDT
Change (% chg)

¥17 (+0.74%)
Prev Close
¥2,299
Open
¥2,326
Day's High
¥2,334
Day's Low
¥2,313
Volume
3,519,900
Avg. Vol
4,999,773
52-wk High
¥2,706
52-wk Low
¥1,680

Latest Key Developments (Source: Significant Developments)

Mitsubishi teams with local co's to establish medical complexes in Myanmar-Nikkei
Monday, 27 Mar 2017 03:36pm EDT 

Nikkei: Mitsubishi Corp to team with local co's to establish medical complexes in Myanmar; first facility to cost about 10 billion yen-Nikkei .Mitsubishi will form JV with Capital Diamond Star and Yee Shin for first complex and will provide 30% of capital as well as medical services-Nikkei.  Full Article

Mitsubishi to cut stake in Himaraya to 12.7 pct from 20 pct
Monday, 26 Dec 2016 01:36am EST 

Himaraya Co Ltd <7514.T>: Says Mitsubishi Corp <8058.T> will cut stake in the co to 12.7 percent from 20.0 percent .Says effective Dec. 30.  Full Article

R&I affirms Mitsubishi's rating at "AA-" and says stable outlook – R&I
Monday, 29 Aug 2016 02:15am EDT 

Mitsubishi Corp <8058.T>: Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "AA-" – R&I .Rating outlook stable– R&I.  Full Article

Cementos Pacasmayo plans to separate cement operation and phosphate holdings into two public companies
Monday, 22 Aug 2016 08:06pm EDT 

Cementos Pacasmayo SAA : Cementos Pacasmayo announces plan to separate cement operation and phosphate holdings into two independent public companies . Company's ownership of Fosfatos Del Pacifico will be transferred to a separate entity, Fossal . Proposed corporate reorganization is tax-free . Fossal will in turn own 70% of Fospac . For each common share of co existing shareholders to receive about 0.20 common share of Fossal & about 0.80 common share of co .Fossal will retain same directors and CEO.  Full Article

Mitsubishi Corp to issue hybrid subordinated bonds as soon as September- Nikkei<8058.T>
Thursday, 18 Aug 2016 04:42pm EDT 

Nikkei: Mitsubishi Corp to issue hybrid subordinated bonds targeting institutional investors as soon as September, with plans to raise about 200 billion yen- Nikkei . Mitsubishi Corp aims to raise roe, projected at 5.6% for this fiscal year, to double digits around 2020 - Nikkei .  Full Article

JCDecaux subsidiary wins contract in Tokyo
Tuesday, 12 Jul 2016 11:40am EDT 

Jcdecaux SA :Says its Japanese subsidiary, MCDecaux (85 pct owned by JCDecaux and 15 pct by Mitsubishi Corporation <8058.T>) has won the competitive tender for advertising bus shelter contract awarded by the Bureau of Transportation, Tokyo Metropolitan Government, for a minimum duration of 15 years.  Full Article

JBIC providing roughly 120 billion yen in financing for Japanese consortium - nikkei
Monday, 4 Jul 2016 01:27pm EDT 

: JBIC is providing roughly 120 bln yen ($1.16 bln) in financing for Indonesian liquefied natural gas project taken on by Japanese consortium - Nikkei . JBIC inked a contract thursday with a JV formed by partners including Mitsubishi Corp., Inpex and a member of the JX Holdings Group - Nikkei . Project aims in part to expand LNG production facilities at the Tangguh LNG plant in Eastern Indonesia - Nikkei . Total project costs will apparently run between 800 billion yen and 1 trillion yen - Nikkei Source - http://s.nikkei.com/29lr9tB (Bengaluru Newsroom; +1 646 223 8780).  Full Article

Mitsubishi Corp targeting 300 bln yen net profit in FY2018
Tuesday, 10 May 2016 01:15am EDT 

Mitsubishi Corp <8058.T>:Mitsubishi Corp: to target 300 billion yen ($2.8 billion) net profit in fy2018/19 versus 149.4 billion yen net loss in fy2015/16.  Full Article

Mitsubishi lowers consolidated full-year outlook and expects extraordinary loss for FY 2016
Thursday, 24 Mar 2016 03:30am EDT 

Mitsubishi Corp:Says the company lowered the consolidated full-year outlook for net profit to a loss of 150,000 mln yen from 300,000 mln yen for the fiscal year ending March 31, 2016.Sees a decrease of earnings per share to a loss of 94.06 yen from 188.12 yen.Says it expects an extraordinary loss of 280 billion yen for the fiscal year ended March 2015.Says the loss is recorded as an impairment loss in copper business in Chile.  Full Article

Mitsubishi sells shares of ROKKO BUTTER
Monday, 14 Mar 2016 09:00pm EDT 

ROKKO BUTTER CO LTD:Says Mitsubishi sold 1,072,000 shares of ROKKO BUTTER and decreased voting rights in ROKKO BUTTER to 16.54 pct from 20.90 pct due to ROKKO BUTTER's share repurchase.  Full Article

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Photo

Japan jet may not make money, but aims to revive dormant industry

TOKYO The Mitsubishi Regional Jet (MRJ) has been delayed five times and faces rising costs, yet its future as the vanguard of Japanese-built passenger jets seems assured by the corporate muscle behind it and a government set on reviving an aerospace industry dismantled after World War Two.