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Techno Associe Co Ltd (8249.T)

8249.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

TECHNO ASSOCIE lowers consolidated full-year outlook for FY 2016
Wednesday, 28 Oct 2015 12:00am EDT 

TECHNO ASSOCIE Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 86,000 million yen from 90,000 million yen for FY ending March 2016.Sees a decrease of operating profit forecast to 2,400 million yen from 3,000 million yen.Sees a decrease of ordinary profit forecast to 2,600 million yen from 3,200 million yen.Sees a decrease of net profit attributable to parent company's shareholders forecast to 1,700 million yen from 2,100 million yen.Sees a decrease of earnings per share to 88.16 yen from 108.92 yen.Comments the changes in smart phone related market is the main reason for the forecast.  Full Article

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BRIEF-Techno Associe plans local subsidiary in Vietnam

* Says it plans to set up a wholly owned local subsidiary in June 2017 in Vietnam named as Techno Associe Vietnam Co Ltd, which is capitalized at $1.5 million