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G-Tekt Corp (5970.T)

5970.T on Tokyo Stock Exchange

2,302JPY
16 Jan 2018
Change (% chg)

¥-16 (-0.69%)
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¥2,318
Open
¥2,309
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¥2,345
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¥2,298
Volume
26,100
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46,414
52-wk High
¥2,500
52-wk Low
¥1,793

Latest Key Developments (Source: Significant Developments)

G-Tekt to set up automobile parts firm with G-TEKT Europe Manufacturing
Thursday, 9 Nov 2017 

Nov 9(Reuters) - G-Tekt Corp <5970.T>:Says it plans to set up a JV G-TEKT Slovakia, s.r.o., which will be mainly engaged in manufacture and sales of automobile parts, with G-TEKT Europe Manufacturing Ltd.Says the JV will be capitalized at 28 million euros and the company will hold a 80 percent stake in the JV.Says operation will start in June 2019.  Full Article

G-Tekt raises year-end dividend forecast for FY 2016
Thursday, 28 Apr 2016 

G-Tekt Corp:Says it raised the year-end dividend forecast to 17 yen per share from 15 yen per share for the fiscal year ended March 2016.  Full Article

G-Tekt amends consolidated full-year outlook for FY 2016
Friday, 29 Jan 2016 

G-Tekt Corp:Says the company amended the consolidated full-year outlook for the FY ended March 2016.Confirmed the revenue at 212,000 million yen.Confirmed the operating profit forecast at 11,400 million yen.Ordinary profit forecast increased to 10,400 million yen from 10,100 million yen.Net profit forecast increased to 6,200 million yen from 5,400 million yen.Earnings per share forecast increased to 141.27 yen from 123.04 yen.Comments that improved performance of overseas bases and review of the income tax burden ratio are the main reasons for the forecast.  Full Article

BRIEF- G-Tekt to set up automobile parts firm with G-TEKT Europe Manufacturing

* Says it plans to set up a JV G-TEKT Slovakia, s.r.o., which will be mainly engaged in manufacture and sales of automobile parts, with G-TEKT Europe Manufacturing Ltd