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Tsubakimoto Chain Co (6371.T)

6371.T on Tokyo Stock Exchange

901JPY
17 Nov 2017
Change (% chg)

¥-6 (-0.66%)
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¥907
Open
¥906
Day's High
¥919
Day's Low
¥899
Volume
856,000
Avg. Vol
807,261
52-wk High
¥1,036
52-wk Low
¥832

Latest Key Developments (Source: Significant Developments)

TSUBAKIMOTO CHAIN lowers consolidated full-year outlook for FY 2016
Wednesday, 23 Mar 2016 

TSUBAKIMOTO CHAIN CO:Says the company lowered the consolidated full-year outlook for revenue to 203,500 million yen from 206,000 million yen for FY ending March 2016.Sees a decrease of operating profit forecast to 20,800 million yen from 22,000 million yen.Sees a decrease of ordinary profit forecast to 21,500 million yen from 22,400 million yen.Sees a decrease of net profit attributable to parent company's shareholders forecast to 12,500 million yen from 15,000 million yen.Sees a decrease of earnings per share to 66.81 yen from 80.17 yen.Comments the global economic downturn and yen devaluation are the main reasons.Expects extraordinary loss of about 1,700 mln yen as impairment loss from Tianjin-based unit, for Q4 of FY 2016.  Full Article