UACJ Corp (5741.T)
Latest Key Developments (Source: Significant Developments)
UACJ Corp:Rating and Investment Information, Inc. (R&I) affirms the company's issuer rating at "BBB".Rating outlook stable. Full Article
UACJ Corp:Says the company lowered the consolidated full-year outlook for revenue to 580,000 mln yen from 610,000 mln yen for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to 11,500 mln yen from 17,000 mln yen.Sees a decrease of ordinary profit forecast to 8,000 mln yen from 13,000 mln yen.Sees a decrease of net profit forecast to 2,000 mln yen from 6,000 mln yen.Sees a decrease of earnings per share to 4.68 yen from 14.03 yen.Comments the related market condition as the main reason for the forecast. Full Article
TOKYO Japan's government sought on Tuesday to contain the fallout from the disclosure by the nation’s third-biggest steel maker, Kobe Steel Ltd , that it had fabricated data on components used in cars, aircraft and space rockets, sending shock waves through the Japanese manufacturing sector.