Key Developments: Suruga Bank Ltd (8358.T)

8358.T on Tokyo Stock Exchange

2,227JPY
30 Jan 2015
Change (% chg)

¥-5 (-0.22%)
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¥2,232
Open
¥2,250
Day's High
¥2,282
Day's Low
¥2,227
Volume
448,200
Avg. Vol
741,798
52-wk High
¥2,491
52-wk Low
¥1,588

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Latest Key Developments (Source: Significant Developments)

Suruga Bank raises year-end dividend forecast for FY 2014
Friday, 25 Apr 2014 04:00am EDT 

Suruga Bank Ltd:Sees year-end dividend of 9.5 yen per share raised from 7.5 yen per share, for fiscal year ended March 2014.  Full Article

Suruga Bank Ltd to Appeal to Judgment of Lawsuit Against IBM Japan, Ltd.
Wednesday, 9 Oct 2013 02:00am EDT 

Suruga Bank Ltd announced that it has decided to appeal to the judgment of lawsuit against IBM Japan, Ltd. The previous judgment was disclosed on September 26, 2013.  Full Article

Suruga Bank Ltd Announces Judgment of Lawsuit Against IBM Japan, Ltd.
Thursday, 26 Sep 2013 03:00am EDT 

Suruga Bank Ltd announced that it has received a judgment of appeal filed by IBM Japan, Ltd. against the Company, from Tokyo High Court on September 26, 2013. According to the judgment, IBM Japan has to pay compensation of JPY 4,172,103,169 as well as 5% annual interest for JPY 2,609,850,274 from July 18, 2007 and 5% annual interest for JPY 1,562,252,895 from March 26, 2010, on packaged software development. Other claims by IBM Japan were dismissed. The court also asked IBM Japan to bear 70% of the lawsuit cost with the Company bearing the remaining amount.  Full Article

Suruga Bank Ltd Announces Year-end Dividend Payment for 2013
Friday, 10 May 2013 02:00am EDT 

Suruga Bank Ltd announced that it has decided to pay a year-end dividend of JPY 8.50 per share, above the last forecast of JPY 6.50 per share, to all shareholders of record as of March 31, 2013, for the fiscal year ended March 31, 2013. The payment will be conducted on June 3, 2013.  Full Article

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