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Hiroshima Electric Railway Co Ltd (9033.T)

9033.T on Tokyo Stock Exchange

486JPY
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¥486
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13,195
52-wk High
¥487
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¥435

Latest Key Developments (Source: Significant Developments)

Hiroshima Electric Railway raises year-end dividend forecast for FY 2016
Thursday, 28 Apr 2016 01:00am EDT 

Hiroshima Electric Railway Co Ltd:It raised year-end dividend forecast to 5 yen per share from 4 yen per share for FY ended March 2016.  Full Article

Hiroshima Electric Railway to sell property
Thursday, 7 Apr 2016 01:00am EDT 

Hiroshima Electric Railway Co Ltd:To sell property to two Hiroshima-based companies with an undisclosed price.Transaction effective April 7.  Full Article

Hiroshima Electric Railway to merge with unit
Monday, 25 Jan 2016 12:00am EST 

Hiroshima Electric Railway Co Ltd:To merge with its wholly owned Hiroshima-based subsidiary which is engaged in real estate related business and system development business, effective on April 1.Says the subsidiary to be dissolved after the transaction.  Full Article

Hiroshima Electric Railway to sell property to Aeon Mall
Monday, 16 Nov 2015 12:30am EST 

Hiroshima Electric Railway Co Ltd:Says to sell property that located in Hiroshima, Japan to Aeon Mall planned on Nov. 30.Transaction amount is not disclosed.  Full Article

Hiroshima Electric Railway raises consolidated mid-year outlook for FY 2016
Sunday, 1 Nov 2015 11:30pm EST 

Hiroshima Electric Railway Co Ltd:Says the company raised the consolidated mid-year outlook for the FY ending March 2016.Revenue forecast increased to 21,408 million yen from 21,210 million yen.Operating profit forecast increased to 928 million yen from 620 million yen.Ordinary profit forecast increased to 834 million yen from 490 million yen.Net profit forecast increased to 396 million yen from 270 million yen.Earnings per share forecast increased to 6.54 yen from 4.45 yen.Comments that increased customers and decreased expenses are the main reasons for the forecast.  Full Article

Hiroshima Electric Railway amends consolidated full-year outlook for FY 2015 and raises year-end dividend forecast for FY 2015
Tuesday, 28 Apr 2015 01:00am EDT 

Hiroshima Electric Railway Co Ltd:Raised year-end dividend forecast to 4 yen per share from 3.5 yen per share for FY ended March 2015.Says the company lowered the consolidated full-year outlook for revenue to 46,795 million yen from 47,290 million yen for FY ended March 2015.Operating profit forecast increased to 515 million yen from 380 million yen.Ordinary profit forecast increased to 323 million yen from 100 million yen.Net profit forecast increased to 1,062 million yen from 770 million yen.Earnings per share increased to 17.52 yen from 12.69 yen.Comments the sales decrease in the transportation business and costs reduction are the main reasons for the forecast.  Full Article

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