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NH Foods Ltd (2282.T)

2282.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

NH Foods will acquire 30 pct stake in Panus Poultry for $79.1 mln - Nikkei‍​
Wednesday, 25 Oct 2017 

Oct 26 (Reuters) - Nikkei ::NH Foods will acquire 30 percent stake in Panus Poultry for $79.1 million by end of this fiscal year - Nikkei‍​.  Full Article

NH Foods says business and capital alliance with Hokkaido Milk Products
Wednesday, 15 Jun 2016 

NH Foods Ltd <2282.T>: Says it planned business and capital alliance with Hokkaido Milk Products Co.,Ltd . Says it to acquire shares (about 20 percent stake) of Hokkaido Milk Products via private placement .Says the co and Hokkaido Milk Products planned to set up a jv for production of yogurt.  Full Article

NH Foods amends consolidated full-year outlook for FY 2016
Monday, 2 May 2016 

NH Foods Ltd:Says the company amended the consolidated full-year outlook for the FY ended March 2016.Revenue forecast revised to 1,240,700 million yen from 1,260,000 million yen.Operating profit forecast revised to 46,300 million yen from 43,000 million yen.Ordinary profit forecast revised to 32,100 million yen from 40,000 million yen.Net profit forecast revised to 21,700 million yen from 27,500 million yen.Earnings per share revised to 106.53 yen from 135.00 yen.Comments that impairment loss is the main reason for the forecast.  Full Article

NH Foods to set up JV in Malaysia
Wednesday, 30 Mar 2016 

NH Foods Ltd:To set up a JV in Malaysia named as NHF Manufacturing (Malaysia) Sdn.Bhd., with Lay Hong Berhad in April.JV to be mainly engaged in manufacture, sale and R&D of processed food.Says the company and Lay Hong Berhad to hold a 51 pct stake and a 49 pct stake in JV respectively.  Full Article

R&I affirms NH Foods's rating at "A" and announces stable outlook
Thursday, 18 Feb 2016 

NH Foods Ltd:Rating and Investment Information, Inc. (R&I) affirmed the company's issuer rating at "A".Rating outlook stable.  Full Article

NH Foods to buy stake in Lay Hong Berhad
Thursday, 21 Jan 2016 

NH Foods Ltd:To buy 8 million shares in a Malaysia-based firm Lay Hong Berhad engaged in chicken farming business, on Jan. 27.To raise stake in the target company to 22.94 pct from 9.09 pct after the transaction.  Full Article

NH Foods announces business and capital alliance with Lay Hong Berhad
Friday, 8 Jan 2016 

NH Foods Ltd:Forms a business and capital alliance with Lay Hong Berhad on Jan. 8.Says the co to buy a 9.09 pct stake in Lay Hong Berhad for 30.5 million Ringgit.To set up a joint venture in Malaysia, and the co and Lay Hong Berhad to hold a 51 pct and a 49 pct stake in JV respectively.  Full Article

BRIEF-NH Foods will acquire 30 pct stake in Panus Poultry for $79.1 mln - Nikkei‍​

* NH Foods will acquire 30 percent stake in Panus Poultry for $79.1 million by end of this fiscal year - Nikkei‍​ Source text for Eikon: Further company coverage: