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Kyosan Electric Manufacturing Co Ltd (6742.T)

6742.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Kyosan Electric Manufacturing lowers consolidated full-year outlook for FY 2016
Friday, 5 Feb 2016 04:00am EST 

Kyosan Electric Manufacturing Co Ltd:Says the company lowered the consolidated full-year outlook for the FY ending March 2016.Revenue forecast decreased to 58,000 million yen from 63,000 million yen.Operating profit forecast decreased to 1,300 million yen from 2,800 million yen.Ordinary profit forecast decreased to 1,400 million yen from 2,600 million yen.Net profit forecast decreased to 750 million yen from 1,600 million yen.Earnings per share decreased to 11.96 yen from 25.51 yen.  Full Article

BRIEF-Kyosan Electric Manufacturing sets up JV in China and starts operation

* Says it set up JV with Anhui-based firm and TAIWAN KYOSAN CO., LTD. in Anhui ,on May 31, and started operation on July 6