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Nagoya Railroad Co Ltd (9048.T)

9048.T on Tokyo Stock Exchange

516JPY
23 May 2017
Change (% chg)

¥1 (+0.19%)
Prev Close
¥515
Open
¥511
Day's High
¥517
Day's Low
¥511
Volume
901,000
Avg. Vol
2,645,483
52-wk High
¥604
52-wk Low
¥496

Latest Key Developments (Source: Significant Developments)

internet infinity to establish joint venture with Nagoya Railroad
Monday, 24 Apr 2017 04:24am EDT 

April 24(Reuters) - internet infinity Inc <6545.T>:Says it will establish joint venture in Nagoya, with Nagoya RailroadCo.,Ltd <<<9048.T>>>.Says the joint venture will be established on June 1 and business will be started on Oct. 1.Says the joint venture will be mainly engaged in business that provided by the Public Nursing Care Insurance Law.Says it will hold 10 percent stake and Nagoya Railroad will hold 90 percent stake in the joint venture.  Full Article

R&I affirms Nagoya Railroad's rating at "A-" and announces stable outlook – R&I
Friday, 3 Mar 2017 01:31am EST 

Nagoya Railroad Co Ltd <9048.T>: Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A-" – R&I .Rating outlook stable– R&I.  Full Article

Nagoya Railroad to issue 15 bln yen unsecured corporation bonds
Friday, 17 Feb 2017 01:41am EST 

Nagoya Railroad Co Ltd <9048.T> : Says it plans to issue 53th series unsecured corporation bonds worth 15 billion yen, with annual coupon rate of 0.85 percent and maturity date on Feb. 28, 2035 .Says subscription date on Feb. 17 and payment date on Feb. 28.  Full Article

Meitetsu Transport announces restructuring among automotive transport units
Friday, 16 Dec 2016 12:50am EST 

Meitetsu Transport Co Ltd <9077.NG>: Says it plans to merge Iwate-based unit and Hokkaido-based unit into one and to dissolve Iwate-based unit . Says it plans to merge Ibaraki-based unit, Tochigi-based unit and Tokyo-based unit into one and to dissolve Tochigi-based unit and Tokyo-based unit after restructuring . Says it plans to merge Wakayama-based unit and Osaka-based unit into one and Osaka-based unit will be dissolved .Says all the units above are wholly owned by the co, engaged in automotive transport business.  Full Article

Nagoya Railroad to issue 15 bln yen bonds
Thursday, 25 Aug 2016 03:01am EDT 

Nagoya Railroad Co Ltd <9048.T>: Says it plans to issue 52th series unsecured corporate bonds worth 15 billion yen through public offering . Says face value of 100 million yen and issue price at 100 yen per face value of 100 yen . Says interest rate of 0.75 percent . Says maturity on Aug. 29, 2036 . Says subscription date on Aug. 25 and payment date on Aug. 31 .Says Mizuho Securities Co., Ltd., Nomura Securities Co., Ltd and Daiwa Securities Co.Ltd. are underwriters.  Full Article

R&I upgrades Nagoya Railroad Co Ltd's rating to "A-" and announces stable rating outlook
Friday, 4 Mar 2016 01:00am EST 

Nagoya Railroad Co Ltd:Rating and Investment Information, Inc. (R&I) raised the company's issuer rating to "A-" from "BBB+".Rating outlook stable.  Full Article

Nagoya Railroad to issue unsecured corporate bonds for individual investors
Friday, 27 Nov 2015 01:30am EST 

Nagoya Railroad Co Ltd:To issue 51th series unsecured corporate bonds for individual investors worth 10 billion yen, subscription period from Nov. 30 to Dec. 18 and payment date on Dec. 21.The bonds are each with face value of 100 million yen, issue price at 100 yen per face value of 100 yen, maturity date Dec. 21, 2018 and coupon rate 0.24 pct per annum.Mizuho Securities Co., Ltd. included seven securities companies will serve as underwriters.  Full Article

Nagoya Railroad to issue unsecured bond
Wednesday, 18 Nov 2015 01:30am EST 

Nagoya Railroad Co Ltd:To offer a 10 billion yen 51th unsecured bond to individual investors from Nov. 30 to Dec. 18.Bonds interest rate at 0.10 pct ~ 0.40 pct.Payment date Dec. 21.Maturity date Dec. 21, 2018.  Full Article

Nagoya Railroad raises consolidated mid-year outlook for FY 2016
Wednesday, 4 Nov 2015 02:40am EST 

Nagoya Railroad Co Ltd:Says the company increased the consolidated mid-year outlook for revenue to 293,300 mln yen from 291,000 mln yen, for the fiscal year ending March 31, 2016.Operating profit forecast increased to 22,100 mln yen from 16,700 mln yen.Ordinary profit forecast increased to 22,000 mln yen from 15,900 mln yen.Net profit forecast increased to 10,300 mln yen from 8,900 mln yen.Earnings per share increased to 11.20 yen from 9.68 yen.Comments the performance in transportation business, decreased costs are the main reasons for the forecast.  Full Article

More From Around the Web

BRIEF- internet infinity to establish joint venture with Nagoya Railroad

* Says it will establish joint venture in Nagoya, with Nagoya RailroadCo.,Ltd