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Onkyo Corp (6628.T)

6628.T on Tokyo Stock Exchange

13 Jul 2018
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Latest Key Developments (Source: Significant Developments)

Onkyo cancels capital alliance with Kawai Musical Instruments Manufacturing
Wednesday, 27 Jun 2018 

June 27 (Reuters) - Onkyo Corp <6628.T> ::Says it signed an agreement on cancellation of capital alliance with Kawai Musical Instruments Manufacturing Co Ltd <<<7952.T>>> on June 27.Says the business alliance between two entities will be continue .Onkyo is holding a 5.24 percent stake in Kawai Musical Instruments Manufacturing, while Kawai Musical Instruments Manufacturing is owning 7.75 percent stake in Onkyo.Shares held by the other company in both entities are in deal to be sold .  Full Article

Onkyo says integration of overseas production bases
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - Onkyo Corp <6628.T>:Says co's electronic unit will stop production and be mainly engaged in R&D, outside order business and sales management business.Says Guangzhou base, Malaysia base and India base will be mainly engaged in production .  Full Article

Onkyo says change of shareholding structure
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - Onkyo Corp <6628.T>:Says Evolution Technology, Media and Telecommunications Fund decreased voting power in the co to 8.5 percent from 16.3 percent .Change occurred Nov. 7.  Full Article

Onkyo says shareholding structure change
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Onkyo Corp <6628.T>:Says Evolution Technology, Media and Telecommunications Fund raises voting power in the co to 16.3 percent from 9.4 percent and becomes top shareholder of the co on Oct. 31.  Full Article

Onkyo announces exercise of options
Monday, 11 Sep 2017 

Sept 11 (Reuters) - Onkyo Corp <6628.T>:Says 1 million units of its third series options were exercised to 1 million shares of its stock on Sept. 11, at the price of 176 yen per share.  Full Article

Onkyo to issue bonds for 600 mln yen to fund R& D and marketing
Tuesday, 13 Dec 2016 

Onkyo Corp <6628.T>: Says it will issue 3rd series unsecured convertible corporate bonds with warrants worth 600 million yen through private placement . Says face value of 100 million yen and issue price at 100 yen per face value of 100 yen . Says the conversion price at 113 yen per share . Says interest rate of 1.5 percent . Says maturity on Dec. 28, 2017 . Says payment date on Dec. 29 .Says proceeds to be used to fund R& D and marketing.  Full Article

Onkyo signs 2 bln yen syndicated loan contract
Wednesday, 3 Aug 2016 

Onkyo Corp <6628.T>: Says it signed a syndicated loan contract for 2 billion yen with core banks on July 28 . Says the execution date is July 29 .Says the proceeds will be used as working capital.  Full Article

BRIEF-Onkyo says change of top shareholder

* Says Tokyo-based investment firm increased voting power in the company to 13.7 percent(14.3 million shares) from 8 percent(8.3 million shares), and became top shareholder