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Tochigi Bank Ltd (8550.T)

8550.T on Tokyo Stock Exchange

539JPY
9:28pm EDT
Change (% chg)

¥15 (+2.86%)
Prev Close
¥524
Open
¥523
Day's High
¥539
Day's Low
¥522
Volume
45,200
Avg. Vol
221,476
52-wk High
¥615
52-wk Low
¥318

Latest Key Developments (Source: Significant Developments)

R&I affirms Tochigi Bank Ltd's rating at "A-" and changes outlook to negative -R&I
Tuesday, 28 Feb 2017 01:30am EST 

Tochigi Bank Ltd <8550.T> : Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A-" -R&I .Rating outlook changed to negative from stable -R&I.  Full Article

Tokai Tokyo Financial Holdings to sell part of stake in securities unit to Tochigi Bank
Friday, 27 Jan 2017 02:23am EST 

Tokai Tokyo Financial Holdings Inc <8616.T>: Says the co plans to sell part of stake in its Tochigi-based securities unit to Tochigi Bank Ltd <8550.T> . Says the co and Tochigi Bank Ltd will hold 40 percent and 60 percent stake in the securities firm respectively, after the selling .Says the business of the securities firm to start on April. 3.  Full Article

Tokai Tokyo Financial Holdings and Tochigi Bank Ltd to convert Utsunomiya Securities Co. Ltd into JV
Tuesday, 23 Aug 2016 03:17am EDT 

Tokai Tokyo Financial Holdings Inc <8616.T>: Says the co executed the agreement with Tochigi Bank Ltd <8550.T> to convert Utsunomiya Securities Co. Ltd., the Company’s consolidated subsidiary, to a JV that will be owned by the co and Tochigi Bank .Says the co and Tochigi Bank will hold 40 percent and 60 percent voting rights in Utsunomiya Securities Co., Ltd. respectively, after effecting the JV conversion.  Full Article

Tochigi Bank appoints Junnotsuke Kuromoto as president, Yatsuo KiKuchi as chairman
Wednesday, 11 May 2016 02:56am EDT 

Tochigi Bank <8550.T>: Says it appoints Junnotsuke Kuromoto as new president to succeed Yatsuo KiKuchi . Says it appoints Yatsuo KiKuchi as chairman of the board .Says the effective date is June 29.  Full Article

Tochigi Bank announces president and chairman changes
Wednesday, 11 May 2016 02:51am EDT 

Tochigi Bank Ltd <8550.T> : Appoints Yasuo Kikuchi as the new Chairman of the Board in the bank . Appoints Junnosuke Kuromoto as the new President of the bank, to replace Yasuo Kikuchi .Says effective date June 29.  Full Article

TOCHIGI BANK raises consolidated full-year outlook for FY 2016
Wednesday, 27 Apr 2016 02:00am EDT 

TOCHIGI BANK LTD:Says the company increased the consolidated full-year outlook for revenue to 57,800 mln yen from 53,000 mln yen, for the fiscal year ended March 31, 2016.Ordinary profit forecast increased to 18,500 mln yen from 15,500 mln yen.Net profit forecast increased to 11,200 mln yen from 10,000 mln yen.Earnings per share increased to 99.38 yen from 88.16 yen.Comments the increased securities related earnings as the main reason for the forecast.  Full Article

R&I affirms TOCHIGI BANK's rating at "A-" and announces stable outlook
Tuesday, 8 Mar 2016 01:00am EST 

TOCHIGI BANK LTD:Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A-".Rating outlook stable.  Full Article

TOCHIGI BANK completes share repurchase
Wednesday, 2 Mar 2016 08:00pm EST 

TOCHIGI BANK LTD:Completed repurchase of 9,368,000 shares of its common stock.Shares repurchased at the price of 4,084,448,000 yen in total, on March 3.Previous plan disclosed on March 2.  Full Article

TOCHIGI BANK to repurchase shares and to retire treasury shares
Wednesday, 2 Mar 2016 02:30am EST 

TOCHIGI BANK LTD:To repurchase up to 10,000,000 shares of its common stock, representing 8.8 pct of outstanding on March 3.Share repurchase price is 436 yen per share, the closing price of March 2, or 4,500 million yen in total.To retire 4,500,000 shares (3.9 pct of outstanding) of its common stock on March 15.  Full Article

TOCHIGI BANK raises mid-year consolidated outlook for FY 2016
Tuesday, 27 Oct 2015 02:00am EDT 

TOCHIGI BANK LTD:Says the company raised the consolidated mid-year outlook for revenue to 31,700 million yen from 28,500 million yen, for FY ending March 2016.Raises the ordinary profit forecast to 11,200 million yen from 9,000 million yen.Net profit attributable to parent company's shareholders forecast increased to 7,000 million yen from 5,500 million yen.Earnings per share increased to 61.70 yen from 48.49 yen.Comments the securities related profit is the main reason for the forecast.  Full Article

More From Around the Web

BRIEF-R&I affirms Tochigi Bank Ltd's rating at "A-" and changes outlook to negative -R&I

* Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A-" -R&I