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Altech Co Ltd (9972.T)

9972.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Altech plans to dissolve subsidiary
Thursday, 31 Mar 2016 03:29am EDT 

Altech Co Ltd:To dissolve its 99 pct owned subsidiary, which has been engaged in manufacture and sale of preform for PET bottle use, in Malaysia.Effective date is not decided yet.  Full Article

Altech to issue year-end dividend for FY 2015
Tuesday, 26 Jan 2016 02:30am EST 

Altech Co Ltd:To issue a year-end dividend of 3 yen per share, for the FY ended Nov. 2015.Dividend issued to shareholders of record as of Nov. 30.Dividend payment date Feb. 29.Says the dividend amount is in line with the latest forecast disclosed on Jan. 14.  Full Article

Altech lowers consolidated full-year outlook for FY 2015
Wednesday, 13 Jan 2016 01:00am EST 

Altech Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 15,810 mln yen from 18,000 mln yen for the fiscal year ended Nov. 2015.Sees a decrease of operating profit forecast to 168 mln yen from 250 mln yen.Sees a decrease of ordinary profit forecast to a loss of 104 mln yen from 150 mln yen.Sees a decrease of net profit forecast to a loss of 998 mln yen from mln yen.Sees a decrease of earnings per share to a loss of 58.23 yen from 5.83 yen.Comments the delay of examine for large scaled machines and downsize of China and Indonisia's economy are the main reasons for the forecast.  Full Article