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Furukawa Electric Co Ltd (FUWAY.PK)

FUWAY.PK on OTC Markets Group

25.53USD
26 Jul 2016
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717
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$25.61
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$15.77

Latest Key Developments (Source: Significant Developments)

Furukawa Electric amends consolidated full-year outlook for FY 2016
Monday, 25 Apr 2016 02:20am EDT 

Furukawa Electric Co Ltd:Says the company increased the consolidated full-year outlook for revenue to 875,000 million yen from 870,000 million yen for FY ended March 2016.Operating profit forecast increased to 27,000 million yen from 23,000 million yen.Sees a decrease of ordinary profit forecast to 18,500 million yen from 23,000 million yen.Net profit with unchanged 10,000 million yen.Sees full-year earnings per share of 14.16 yen.Sales increase of telecommunications segment as reason for raise.  Full Article

Furukawa Electric to sell real estate
Thursday, 24 Mar 2016 02:00am EDT 

Furukawa Electric Co Ltd:To sell Oyama-based real estate (land of 65,818 square meters and building of 29,694.14 square meters) at 4.3 billion yen in late August.  Full Article

Furukawa Electric to transfer land
Thursday, 25 Feb 2016 01:00am EST 

Furukawa Electric Co Ltd:To transfer Yokohama-based land of 72,439.62 square meters at 17 billion yen to Television KANAGAWA in middle March.  Full Article

R&I affirms Furukawa Electric's rating at "BBB+" and announces stable outlook
Thursday, 18 Feb 2016 12:00am EST 

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

Furukawa Electric amends consolidated full-year outlook for FY 2016
Wednesday, 4 Nov 2015 01:00am EST 

Furukawa Electric Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 890,000 million yen from 910,000 million yen for FY ending March 2016.Confirms the operating profit forecast at 23,000 million yen.Confirms the ordinary profit forecast at 23,000 million yen.Confirms the net profit attributable to parent company's shareholders forecast at 10,000 million yen.Confirms the earnings per share at 14.16 yen.FY 2016 revenues of 900.87 billion yen, net income of 8.85 billion yen – Thomson Reuters I/B/E/S.Comments the sales decrease is the main reason for the forecast.  Full Article

Furukawa Electric to sell properties to Yokohama City
Thursday, 16 Jul 2015 03:30am EDT 

Furukawa Electric Co Ltd:To sell two plot of land located in Yokohama to Yokohama City at the price of 7,419 mln yen in total with transaction date to be determined.  Full Article

Furukawa Electric Co Ltdto transfer business to wholly owned subsidiary
Thursday, 4 Jun 2015 02:00am EDT 

Furukawa Electric Co Ltd:To transfer precious metal plating business to wholly owned Tochigi-based subsidiary FHE.Planned effective Oct. 1.  Full Article

Furukawa Electric expects extraordinary profit and loss for Q4 of FY 2015
Thursday, 9 Apr 2015 02:00am EDT 

Furukawa Electric Co Ltd:Expects extraordinary profit of 5.9 bln yen for Q4 of FY ended March 2015 for selling of securities.Expects extraordinary loss of about 2.4 bln yen for Q4 of FY ended March 2015 for stock valuation loss.  Full Article

R&I affirms Furukawa Electric's rating at "BBB+" and announces stable outlook
Friday, 23 Jan 2015 01:00am EST 

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

Furukawa Electric Co Ltd lowers consolidated full-year net profit outlook for FY 2015
Friday, 31 Oct 2014 02:00am EDT 

Furukawa Electric Co Ltd:Says the company reaffirmed the consolidated full-year outlook for revenue at 850,000 million yen for the fiscal year ending March 31, 2015.Sees a decrease of operating profit forecast to 18,000 million yen from 22,500 million yen.Sees a decrease of ordinary profit forecast to 20,000 million yen from 23,000 million yen.Sees a decrease of net profit forecast to 6,000 million yen from 7,500 million yen.Sees a decrease of earnings per share to 8.50 yen from 10.62 yen.FY 2015 revenues of 841.74 billion yen, net profit of 6.91 billion yen – Thomson Reuters I/B/E/S.Comments that the increased cost for electronics business division, increased outsourcing expenses for metal division, as well as more than expected profit and loss of copper business are the main reasons for the forecast.  Full Article

No consensus analysis data available.