Jtekt Corp (6473.T)
22 Jan 2019
Latest Key Developments (Source: Significant Developments)
Nov 21 (Reuters) - Jtekt Corp <6473.T>:Says Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A" -R&I.Says rating outlook stable -R&I. Full Article
June 28 (Reuters) - JTEKT Corp <6473.T> ::* Says it plans to set up a wholly owned electric power steering system manufacturing unit in Morocco, named as Jtekt Automotive Morocco S.A.S.(Jamo), with investment amount of about 3.1 billion yen . Full Article
June 26(Reuters) - Jtekt Corp <6473.T>:Says it received corrective action order and 533 million won (about 52 million yen)surcharge order from Japan Fair Trade Commission on June 26 (Korea local time), due to violation of the monopoly regulation and fair trade related laws.Says it is expected to be exempted from the charges. Full Article
April 28 (Reuters) - Fuji Kiko Co Ltd <7260.T>:* Says Jtekt Corp <6473.T> offered a takeover bid for 35.3 million shares (or no less than 17.6 million shares) .* Offered purchase price at 740 yen per share, or 26.1 billion yen in total .* Says Jtekt Corp aims to hold 100 percent voting power of the company . Full Article
A federal appeals court on Friday ruled that automotive components manufacturer JTEKT Corp did not have standing to challenge the validity of claims in a patent owned by rival GKN PLC.