Key Developments: Furukawa Electric Co Ltd (FUWAY.PK)

FUWAY.PK on OTC Markets Group

20.99USD
21 Aug 2014
Price Change (% chg)

$-0.25 (-1.18%)
Prev Close
$21.24
Open
$20.99
Day's High
$20.99
Day's Low
$20.99
Volume
125
Avg. Vol
102
52-wk High
$27.56
52-wk Low
$20.40

Search Stocks

Latest Key Developments (Source: Significant Developments)

Furukawa Electric Co Ltd announces new contract for OPGW Projects in Newfoundland, Canada
Wednesday, 4 Jun 2014 09:00am EDT 

Furukawa Electric Co Ltd:Says it has been awarded a new contract for Optical Ground Wire(1) (hereinafter, OPGW) and fittings for power transmission projects in Newfoundland, Canada.Transmission project of NALCOR Energy that links between an 824MW hydroelectric power plant in Labrador and a substation in Newfoundland.  Full Article

Furukawa Electric Co Ltd expects extraordinary loss for FY 2014 and FY 2015
Friday, 9 May 2014 02:00am EDT 

Furukawa Electric Co Ltd:Says it expects an extraordinary loss of about 1.8 bln yen for FY ended March 2014 and about 1.2 bln yen for FY ending March 2015.Says the loss is recorded for the snow disaster in Tochigi prefecture, Japan.  Full Article

Furukawa Electric announces decision of European Commission and expects extraordinary losses for FY 2014
Wednesday, 2 Apr 2014 08:05am EDT 

Furukawa Electric Co Ltd:Imposed fine of 8,858,000 euros by European Commission for violation of European competition laws related to power cable business.Says joint venture was imposed fine of 34,992,000 euros for the same reason.Sees extraordinary losses of about 1,250 mln yen and 4,960 mln yen for the fine, for fiscal year ended March 2014.  Full Article

Furukawa Electric Co Ltd expects extraordinary profit and extraordinary loss for FY 2014
Thursday, 20 Mar 2014 02:00am EDT 

Furukawa Electric Co Ltd:Expected an extraordinary profit to 4.5 billion yen for the FY ending March 2014.The profit was recorded as asset efficiency and financial structure improvement.Expected an extraordinary loss of about 2.8 billion yen.The loss is recorded for impairment loss on fixed assets.  Full Article

R&I affirms rating on Furukawa Electric Co Ltd at "BBB+" and rating outlook stable
Monday, 3 Feb 2014 01:00am EST 

Furukawa Electric Co Ltd:Rating and Investment Information, Inc (R&I) has affirmed the rating on Furukawa Electric Co Ltd at "BBB+".Rating outlook stable.  Full Article

Furukawa Electric Co Ltd Announces Holdings Changes in UACJ Corp
Tuesday, 1 Oct 2013 02:30am EDT 

UACJ Corp announced that Furukawa Electric Co Ltd is no longer the parent company of the Company with 28.11% voting rights, down from 53.01%, effective October 1, 2013.  Full Article

R&I Affirms Furukawa Electric Co Ltd's Rating at "BBB+"; Rating Outlook Stable
Tuesday, 19 Feb 2013 01:01am EST 

Rating and Investment Information, Inc. (R&I) announced that it has affirmed the rating on Furukawa Electric Co Ltd at "BBB+". The rating outlook is stable.  Full Article

Furukawa Electric Co Ltd to Transfer Business to Subsidiary
Thursday, 6 Dec 2012 01:00am EST 

Furukawa Electric Co Ltd announced that it has decided to transfer the product division and electronic material division of energy business department to its wholly owned subsidiary, effective April 1, 2013.  Full Article

Furukawa Electric Co Ltd Lowers Consolidated Full-year Outlook for FY Ending March 31, 2013; to Apply for Delisting Shares from Osaka Securities Exchange
Thursday, 1 Nov 2012 02:00am EDT 

Furukawa Electric Co Ltd announced that it has lowered its consolidated full-year outlook for revenue from JPY 980,000 million to JPY 950,000 million, operating profit from JPY 25,000 million to JPY 20,000 million, ordinary profit from JPY 23,500 million to JPY 17,500 million, net profit from JPY 9,000 million to JPY 2,000 million and earning per share from JPY 12.75 to JPY 2.83 for the fiscal year ending March 31, 2013. This is due to the influence of the financial crisis, as well as the recording of loss on business restructuring. According to I/B/E/S Estimates, analysts on average are expecting the Company to report full-year revenue of JPY 972.92 billion and net profit of JPY 8.53 billion. The Company also announced that it decided to apply for delisting from the Osaka Securities Exchange due to the listing on the Tokyo Stock Exchange. The application will be submitted on November 2, 2012.  Full Article

No consensus analysis data available.
Search Stocks