Edition:
United States

Meitetsu Transportation Co Ltd (9077.NG)

9077.NG on Nagoya Stock Exchange

485JPY
20 Sep 2017
Change (% chg)

¥-4 (-0.82%)
Prev Close
¥489
Open
¥493
Day's High
¥493
Day's Low
¥485
Volume
5,000
Avg. Vol
6,324
52-wk High
¥550
52-wk Low
¥403

Latest Key Developments (Source: Significant Developments)

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

Meitetsu Transport appoints Wataru Uchida as new president
Monday, 23 May 2016 02:40am EDT 

Meitetsu Transport Co Ltd <9077.NG>:Says the company appoints Wataru Uchida as the new president, effective June 23.  Full Article

Meitetsu Transport acquires Shinsyu Meitetsu Transport via share exchange
Thursday, 31 Mar 2016 09:00pm EDT 

Meitetsu Transport Co Ltd:Says completed acquisition of Shinsyu Meitetsu Transport via share exchange.Previous release disclosed on Dec. 25, 2015.  Full Article

Meitetsu Transport to acquire Shinsyu Meitetsu Transport via stock swap
Thursday, 24 Dec 2015 11:00pm EST 

Meitetsu Transport Co Ltd:To acquire Shinsyu Meitetsu Transport via stock swap, issuing 8,143,830 new shares.One share of Shinsyu Meitetsu Transport to be exchanged with 1.1 shares of the company.Effective April 1, 2016.  Full Article

NIPPON EXPRESS forms business and capital alliance with Meitetsu Transport
Thursday, 24 Dec 2015 11:00pm EST 

NIPPON EXPRESS CO LTD:Forms business and capital alliance with Meitetsu Transport, enhancing operational efficiency and service.To acquire 20 pct stake in Meitetsu Transport, on April 1, 2016.  Full Article

Meitetsu Transport raises consolidated mid-year and full-year outlook for FY 2016
Wednesday, 4 Nov 2015 12:20am EST 

Meitetsu Transport Co Ltd:Says the company raised the consolidated mid-year outlook for the FY ending March 2016.Revenue forecast increased to 45,100 million yen from 45,000 million yen.Operating profit forecast increased to 1,700 million yen from 1,100 million yen.Ordinary profit forecast increased to 1,800 million yen from 1,000 million yen.Net profit forecast increased to 1,100 million yen from 500 million yen.Earnings per share forecast increased to 45.29 yen from 20.58 yen.Says the company raised the consolidated full-year outlook for the FY ending March 2016.Revenue forecast with unchanged 92,000 million yen.Operating profit forecast increased to 3,300 million yen from 2,600 million yen.Ordinary profit forecast increased to 3,400 million yen from 2,600 million yen.Net profit forecast increased to 3,200 million yen from 1,600 million yen.Earnings per share forecast increased to 131.74 yen from 65.87 yen.Comments that expense reduction is the main reasons for the forecast.  Full Article