Key Developments: NHK Spring Co Ltd (NHKGF.PK)
11.75USD
23 May 2013
$1.30 (+12.44%)
$10.45
$11.75
$11.75
$11.75
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$11.75
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Latest Key Developments (Source: Significant Developments)
NHK SPRING CO LTD Announces Year-end Dividend Payment for 2013
NHK SPRING CO LTD announced that it has decided to pay a year-end dividend of JPY 8.00 per share to all shareholders of record as of March 31, 2013, for the fiscal year ended March 31, 2013. The payment will be conducted on June 28, 2013. The last year-end dividend forecast was an undetermined value. Full Article
R&I Affirms NHK SPRING CO LTD's Rating at "A-"; Rating Outlook Stable
Rating and Investment Information, Inc. (R&I) announced that it has affirmed the rating on NHK SPRING CO LTD at "A-". The rating outlook is stable. Full Article
NHK SPRING CO LTD Announces Resignation of Chairman
NHK SPRING CO LTD announced that Kenji Sasaki will resign from his position of Chairman of the Board of the Company, effective June 27, 2013. Full Article
NHK SPRING CO LTD Announces Cross License with Chuo Spring Co Ltd
NHK SPRING CO LTD announced that NHK SPRING CO LTD and Chuo Spring Co Ltd have cross licensed each other with the patent of suspension equipment for automobiles. Full Article
NHK SPRING CO LTD Lowers Consolidated Full-year Forecast for FY 2013; Announces Mid-year Dividend Payment for FY 2013
NHK SPRING CO LTD announced that it has lowered the consolidated full-year forecast for revenue from JPY 530,000 million to JPY 510,000 million, operating profit from JPY 38,000 million to JPY 30,000 million, ordinary profit from JPY 39,000 million to JPY 31,000 million, net profit from JPY 25,000 million to JPY 20,000 million and earning per share from JPY 102.91 to JPY 82.33 for the fiscal year ending March 31, 2013. The Company lowered the consolidated full-year outlook due to the aggravated order environment. The Company has decided to pay a mid-year dividend of JPY 8.00 per share to all shareholders of record as of September 30, 2012, for the fiscal year ending March 31, 2013. The payment will be conducted on December 5, 2012. The last mid-year dividend forecast was undetermined. Full Article
NHK Spring Co., Ltd. to Establish China-based Sub-subsidiary
NHK Spring Co., Ltd. announced that its Tokyo-based subsidiary, SUMIHATSU Co., Ltd, will establish a China-based wholly owned subsidiary, which will be engaged in the manufacturing and sale of helical spring, in April 2012. The subsidiary of SUMIHATSU will be capitalized at RMB 56 million, and will start operation in September 2013. Full Article
Faurecia SA and NHK Spring Co Broaden Automotive Seating Partnership
Faurecia SA announced that the Company and NHK Spring Co have decided to broaden their 50/50 Faurecia NHK (FNK) joint-venture to continue serving Nissan on a global basis. The new technical and commercial agreement foresees the establishment of branches in China and the United States in order to support Nissan operations in these two countries. Full Article
R&I Affirms NHK Spring Co., Ltd.' Rating at "A-"; Outlook Stable
Rating and Investment Information, Inc. (R&I) announced that it has affirmed the rating on NHK Spring Co., Ltd. at “A-”. The rating outlook is stable. Full Article
NHK Spring Co., Ltd. Sells Common Stock
NHK Spring Co., Ltd. announced that it has completed the selling of 2,000,000 shares of its common stock at the price of JPY 854 per share, or JPY 1,708,000,000 in total, through private placement to Isuzu Motors Limited, on March 16, 2012. Full Article
NHK Spring Co., Ltd. to Sell Treasury Shares
NHK Spring Co., Ltd. announced that it will sell 2,000,000 shares of its stock at the price of JPY 854 per share, or JPY 1,708,000,000 in total, through private placement to Isuzu Motors Limited, effective March 16, 2012. Full Article
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