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Daido Steel Co Ltd (5471.T)

5471.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Daido Kogyo to issue new shares and to distribute shares of treasury common stock
Monday, 2 Jul 2018 

July 2 (Reuters) - Daido Kogyo Co Ltd <6373.T>:Says it plans to issue 1.3 million shares and distribute 10,000 shares of its treasury common stock via public offering.Says it plans to issue 190,000 shares via private placement .Says it plans to raise up to 2.02 billion yen in total.Proceeds will be used for investment and equipment fund .  Full Article

R&I assigns Fuji Oozx's rating at "BBB" and says stable outlook -R&I
Thursday, 28 Jun 2018 

June 28 (Reuters) - Fuji Oozx Inc <7299.T>:Says Rating and Investment Information, Inc. (R&I) assigned the company's rating at "BBB" -R&I.Says rating outlook stable -R&I.  Full Article

Daido Steel announces merger between units
Friday, 26 Aug 2016 

Daido Steel Co Ltd <5471.T>: Says its wholly owned unit DAIDO ELECTRONICS CO.,LTD. will undertake the merger with another wholly owned unit Intermetallics Japan Corporation . Says effective date on Jan. 1, 2017 .Says Intermetallics Japan Corporation will be dissolved after the merger.  Full Article

R&I affirms Daido Steel Co Ltd's rating at "A-" and announces stable outlook -R&I
Wednesday, 24 Aug 2016 

Daido Steel Co Ltd <5471.T> : Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A-" -R&I .Rating outlook stable -R&I.  Full Article

Daido Steel buys back 10 mln shares at totally about 4 bln yen
Tuesday, 23 Aug 2016 

Daido Steel Co Ltd <5471.T>: Says it repurchases 10 million shares at about 4 billion yen in total as of Aug. 19 .Says previous release disclosed on May 31.  Full Article

RPT-COLUMN-Tesla leads electric vehicle race to cut cobalt dependency: Andy Home

LONDON, June 6 If Elon Musk had his way, there would be no cobalt in any of the batteries powering the next generation of Tesla.