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Somar Corp (8152.T)

8152.T on Tokyo Stock Exchange

204JPY
24 Mar 2017
Change (% chg)

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¥202
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Volume
6,000
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49,258
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¥231
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¥161

Latest Key Developments (Source: Significant Developments)

Somar says change of top shareholder
Monday, 15 Aug 2016 04:51am EDT 

Somar Corp <8152.T>: Says a Tokyo-based co to increase voting rights in the co to 18.75 percent from 0 percent and to be top shareholder of the co . Says another Tokyo-based co to decrease voting rights in the co to 17.43 percent from 36.18 percent and will no longer as top shareholder of the co .Says the changes will effective on Aug. 16.  Full Article

SOMAR plans to dissolve subsidiary
Sunday, 21 Feb 2016 09:00pm EST 

SOMAR CORP:To dissolve its wholly owned subsidiary, which has been engaged in manufacture and sale of coating products in Miyagi.Effective date is not decided yet.  Full Article

SOMAR raises consolidated mid-year outlook and amends consolidated full-year outlook for FY 2016
Friday, 30 Oct 2015 02:00am EDT 

SOMAR CORP:Says the company increased the consolidated mid-year outlook for revenue to 12,617 mln yen from 12,100 mln yen, for the fiscal year ending March 31, 2016.Operating profit forecast increased to 519 mln yen from 370 mln yen.Ordinary profit forecast increased to 495 mln yen from 390 mln yen.Net profit forecast increased to 837 mln yen from 560 mln yen.Earnings per share increased to 43.09 yen from 28.82 yen.Says the company lowered the consolidated full-year outlook for revenue to 23,800 mln yen from 24,000 mln yen for the fiscal year ending March 31, 2016.Operating profit forecast increased to 830 mln yen from 580 mln yen.Ordinary profit forecast increased to 760 mln yen from 580 mln yen.Net profit forecast increased to 1,040 mln yen from 730 mln yen.Earnings per share increased to 53.52 yen from 37.56 yen.Says mid-year outlook raised due to increased sales in highly functional materials business, full-year profit outlook raised due to the gain on sale of assets in subsidiary.  Full Article

SOMAR raises mid-year and full-year consolidated outlook for FY 2016
Friday, 7 Aug 2015 02:00am EDT 

SOMAR CORP:Raises mid-year and full-year consolidated outlook for fiscal year ending March 31, 2016.Mid-year revenue outlook of 12,100 mln yen raised from 11,651 mln yen.Mid-year operating profit outlook of 370 mln yen raised from 272 mln yen.Mid-year ordinary profit outlook of 390 mln yen raised from 250 mln yen.Mid-year net profit outlook of 560 mln yen raised from 238 mln yen.Mid-year earnings per share outlook of 28.82 yen raised from 12.25 yen.Full-year revenue outlook of 24,000 mln yen raised from 23,532 mln yen.Full-year operating profit outlook of 580 mln yen raised from 508 mln yen.Full-year ordinary profit outlook of 580 mln yen raised from 465 mln yen.Full-year net profit outlook of 730 mln yen raised from 207 mln yen.Full-year earnings per share outlook of 37.56 yen raised from 10.65 yen.Outlook raised due to increased demands for electronic equipment related products, sales of newly developed coating products and increased sales of high-performance resin products as well as extraordinary profit on sale of property of subsidiary.  Full Article

SOMAR sells subsidiary's property and expects extraordinary profit for Q2 2016
Friday, 31 Jul 2015 02:00am EDT 

SOMAR CORP:Sells wholly owned subsidiary's property located in Miyagi prefecture, Japan, at the price of 1,357 million yen on July 31.Expects to record 381 million yen gain on sales of fixed asset as extraordinary profit for the second quarter of the fiscal year ending March 2016.  Full Article

SOMAR raises consolidated full-year revenue outlook and expects extraordinary loss for FY 2015
Friday, 8 May 2015 02:00am EDT 

SOMAR CORP:Says the company increased the consolidated full-year outlook for revenue to 23,892 million yen from 23,500 million yen, for the fiscal year ended March 31, 2015.Sees operating profit of a loss of 287 million yen raised from a loss of 510 million yen.Sees ordinary profit of a loss of 350 million yen raised from a loss of 510 million yen.Sees net profit of a loss of 2,759 million yen lowered from a loss of 2,700 million yen.Sees earnings per share of a loss of 141.99 yen lowered from a loss of 138.92 yen.Says revenue, operating profit, and ordinary profit outlook raised due to increased sales of coating products and high-performance resins products, cost reduction, net profit outlook lowered due to the extraordinary loss.Says it expects an extraordinary loss of about 355 million yen for the fiscal year ended March 31, 2015.Says the loss is recorded as impairment loss on fixed assets of its subsidiary.  Full Article

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