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Satori Electric Co Ltd (7420.T)

7420.T on Tokyo Stock Exchange

1,046JPY
22 Nov 2017
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Latest Key Developments (Source: Significant Developments)

Satori Electric completes share repurchase
Tuesday, 10 Oct 2017 10:51pm EDT 

Oct 11 (Reuters) - Satori Electric Co Ltd <7420.T>:Says it completed repurchase of 500,000 shares of its common stock, for 470.6 million yen, as of Oct. 10 .  Full Article

Innotech postpones selling HDD sales business to Satori Electric
Thursday, 7 Sep 2017 04:41am EDT 

Sept 7 (Reuters) - Innotech Corp <9880.T>:* Says it postponed selling HDD sales business to Satori Electric Co Ltd <7420.T> and extended effective date to Nov. 1 from July 1.* The previous plan was disclosed on May 11 .  Full Article

Satori Electric to repurchase shares
Friday, 14 Jul 2017 02:29am EDT 

July 14 (Reuters) - Satori Electric Co Ltd <7420.T>:* Says it will repurchase up to 500,000 shares, representing 3 percent of outstanding.* Says share repurchase price at up to 600 million yen in total.* Says repurchase period from July 18 to Dec. 29 .  Full Article

Innotech to sell HDD sales business to Satori Electric Co Ltd
Thursday, 11 May 2017 02:08am EDT 

May 11 (Reuters) - Innotech Corp <9880.T>: :* Says it will sell the hard disk drive (HDD) sales related business to Satori Electric Co Ltd <7420.T>.* Effective date July 1.  Full Article

SATORI ELECTRIC's CEO change
Tuesday, 17 May 2016 02:15am EDT 

SATORI ELECTRIC Co Ltd <7420.T> : Says it appoints Hiroyuki Satori who is current president and COO as new president and chief executive officer (CEO) to succeed Kuzutitoshi Ueda who is currnet chairman of the board and CEO .Says changes to occur on June 1.  Full Article

SATORI ELECTRIC lowers consolidated full-year outlook for FY 2016
Friday, 18 Dec 2015 03:40am EST 

SATORI ELECTRIC CO LTD:Says the company lowered the consolidated full-year outlook for revenue to 120,000 million yen from 128,000 million yen for FY ending May 2016.Sees a decrease of operating profit forecast to 950 million yen from 2,050 million yen.Sees a decrease of ordinary profit forecast to 950 million yen from 2,100 million yen.Sees a decrease of net profit attributable to parent company's shareholders forecast to 500 million yen from 1,530 million yen.Sees a decrease of earnings per share to 29.49 yen from 90.23 yen.Comments the overseas sales decrease is the main reason for the forecast.  Full Article

SATORI ELECTRIC to issue mid-year dividend for FY 2016
Friday, 18 Dec 2015 03:40am EST 

SATORI ELECTRIC CO LTD:To issue a mid-year dividend of 16 yen per share to all the shareholders of record as of Nov. 30, for FY ending May 2016.Payment date Feb. 12.Says latest dividend forecast was 16 yen per share.  Full Article

BRIEF-Satori Electric completes share repurchase

* Says it completed repurchase of 500,000 shares of its common stock, for 470.6 million yen, as of Oct. 10