Makita Corp (MKTAY.PK)
Latest Key Developments (Source: Significant Developments)
April 27(Reuters) - Makita Corp <6586.T>:Says it named Munetoshi Goto as new president, effective June 28. Full Article
Makita Corp:To issue a year-end dividend of 83 yen per share to all the shareholders of record as of March 31, for FY ended March 2016.Payment date June 29. Full Article
Makita Corp:Says the company increased the consolidated full-year outlook for revenue to 416,000 million yen from 400,000 million yen for FY ending March 2016.Operating profit forecast increased to 61,500 million yen from 56,500 million yen.Pre-tex profit forecast increased to 58,000 million yen from 53,000 million yen.Net profit attributable to shareholders forecast increased to 39,800 million yen from 36,000 million yen.Earnings per share increased to 293.22 yen from 265.22 yen.FY 2016 revenues of 426.26 billion yen, net income of 46.92 billion yen – Thomson Reuters I/B/E/S. Full Article
A patent licensing firm on Friday accused Stanley Black & Decker Inc and Makita Corp of infringing a newly issued patent relating to portable chargers for smartphones.