Key Developments: Toyo Logistics Co Ltd (9306.T)

9306.T on Tokyo Stock Exchange

311JPY
6 Mar 2015
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Latest Key Developments (Source: Significant Developments)

Toyo Logistics raises consolidated full-year outlook for FY 2015
Friday, 30 Jan 2015 01:40am EST 

Toyo Logistics Co Ltd:Says the company increased the consolidated full-year outlook for revenue to 22,800 million yen from 21,500 million yen for FY ending March 2015.Operating profit forecast increased to 680 million yen from 640 million yen.Ordinary profit forecast increased to 770 million yen from 700 million yen.Net profit forecast increased to 900 million yen from 450 million yen.Earnings per share increased to 23.63 yen from 11.81 yen.Comments the extraordinary profit and costs reduction are the main reasons for the forecast.  Full Article

Toyo Logistics Co Ltd raises mid-year consolidated outlook for FY 2015
Monday, 27 Oct 2014 02:30am EDT 

Toyo Logistics Co Ltd:Sees raised mid-year consolidated outlook for fiscal year ending March 2015.Sees revenue of 11,200 million yen raised from 10,500 million yen.Sees operating profit of 360 million yen raised from 300 million yen.Sees ordinary profit of 400 million yen raised from 330 million yen.Sees net profit of 285 million yen raised from 215 million yen.Sees earnings per share of 7.48 yen raised from 5.64 yen.Says outlook raised due to increased sales of new and existing cargo business, as well as the decreased costs and expenses.  Full Article

Toyo Logistics Co Ltd subsidiary sets up joint venture
Wednesday, 3 Sep 2014 02:30am EDT 

Toyo Logistics Co Ltd:Subsidiary TOYO LOGISTICS(S) PTE.LTD. set up a joint venture named TOYO AIG LOGISTICS (MYANMAR) CO.,LTD. with two Myanmar companies on July 16.The joint venture will be engaged in integrated logistics services.The joint venture began business on Sep. 1.TOYO LOGISTICS(S) PTE.LTD. hold 60 pct stake in the joint venture.  Full Article

Toyo Logistics Co Ltd raises consolidated full-year forecast for FY 2014
Monday, 10 Feb 2014 01:30am EST 

Toyo Logistics Co Ltd:Sees consolidated full-year revenue of 22,000 million yen for the fiscal year ending Mar. 31, 2014, compared to the previous forecast of 20,700 million yen.Sees operating profit of 630 million yen, compared to the previous forecast of 550 million yen.Sees ordinary profit of 690 million yen, compared to the previous forecast of 550 million yen.Sees net profit of 500 million yen, compared to the previous forecast of 340 million yen.Sees earnings per share of 13.13 yen, compared to the previous forecast of 8.93 yen.Says this is due to increased sales and decreased cost.  Full Article

Japan Credit Rating Agency, Ltd. Affirms Rating on Toyo Logistics Co Ltd at "BBB"; Rating Outlook Stable-Reuters
Sunday, 10 Nov 2013 07:00pm EST 

Reuters reported that Japan Credit Rating Agency, Ltd. has affirmed the rating on Toyo Logistics Co Ltd at "BBB". The rating outlook is stable.  Full Article

Toyo Logistics Co Ltd Raises Mid-year Consolidated Outlook for FY 2014
Tuesday, 29 Oct 2013 02:30am EDT 

Toyo Logistics Co Ltd announced that it has raised its mid-year consolidated outlook for revenue from JPY 10,200 million to JPY 10,900 million, operating profit from JPY 250 million to JPY 275 million, ordinary profit from JPY 250 million to JPY 315 million, net profit from JPY 160 million to JPY 245 million, and earnings per share from JPY 4.20 to JPY 6.43, for the fiscal year ending March 2014. The Company raised its mid-year consolidated outlook mainly due to the increase in handling volume of goods, cost reduction and gain on sale of securities.  Full Article

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