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Orient Corp (8585.T)

8585.T on Tokyo Stock Exchange

189JPY
22 May 2017
Change (% chg)

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¥189
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Avg. Vol
5,491,792
52-wk High
¥242
52-wk Low
¥176

Latest Key Developments (Source: Significant Developments)

R&I affirms Orient's rating at "BBB+" and announces stable outlook – R&I
Friday, 3 Mar 2017 01:29am EST 

Orient Corp <8585.T>: Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "BBB+" – R&I .Rating outlook stable– R&I.  Full Article

Orient raises consolidated full-year outlook for FY 2016
Tuesday, 12 Apr 2016 02:00am EDT 

Orient Corp:Says the company increased the consolidated full-year outlook for revenue to 211,800 mln yen from 209,200 mln yen, for the fiscal year ended March 31, 2016.Operating profit forecast increased to 29,400 mln yen from 24,500 mln yen.Ordinary profit forecast increased to 29,400 mln yen from 24,500 mln yen.Net profit forecast increased to 24,500 mln yen from 21,000 mln yen.Earnings per share increased to 17.40 yen from 14.92 yen.Comments the growth in core business and cost reduction are the main reasons for the forecast.  Full Article

Orient announces change of chairman and president
Wednesday, 30 Mar 2016 02:00am EDT 

Orient Corp:Appoints Masayuki Saito who is current president of the company, as new chairman of the board to succeed current chairman Yoshimasa Nishida.Appoints Masaaki Kono as new president to replace Masayuki Saito.Changes effective in late June.  Full Article

R&I affirms Orient 's rating at "BBB+" and announces stable outlook
Friday, 5 Feb 2016 01:00am EST 

Orient Corp:Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "BBB+".Rating outlook stable.  Full Article

Orient raises consolidated mid-year outlook for FY 2016
Tuesday, 29 Sep 2015 02:00am EDT 

Orient Corp:Says the company increased the consolidated mid-year outlook for revenue to 102,800 million yen from 101,100 million yen for the fiscal year ending March 2016.Operating profit forecast increased to 13,300 million yen from 9,000 million yen.Ordinary profit forecast increased to 13,300 million yen from 9,000 million yen.Net profit forecast increased to 10,100 million yen from 8,000 million yen.Earnings per share increased to 9.20 yen from 9.80 yen.Comments that increased banking insurance business, as well as decreased operating expenses are the main reasons for the forecast.  Full Article

Orient announces changes in shareholding structure
Monday, 10 Aug 2015 03:00am EDT 

Orient Corp:Banks’ Shareholdings Purchase Corporation's voting power in the company has decreased to 9.02 pct (1,550,000 voting rights) from 12.09 pct (1,550,000 voting rights).  Full Article

Orient announces shareholding structure change
Monday, 3 Aug 2015 05:00am EDT 

Orient Corp:Says Banks’ Shareholdings Purchase Corporation has raised voting power in the company to 12.09 pct (1,550,000 voting rights) from 0 pct, and becomes the third major shareholder of the company on Aug. 3.  Full Article

Orient announces shareholding structure change
Friday, 31 Jul 2015 03:10am EDT 

Orient Corp:Says Mizuho Bank, Ltd. which was the second major shareholder of the company raised voting power in the company to 49.56 pct from 20.82 pct and becomes the top shareholder of the company.Says ITOCHU Corporation which was the top shareholder of the company cut voting power in the company to 15.9 pct from 24.96 pct and becomes the second major shareholder of the company.Changes occurred on July 31.  Full Article

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