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TDK Corp (6762.T)

6762.T on Tokyo Stock Exchange

9,300JPY
6:00am GMT
Change (% chg)

¥70 (+0.76%)
Prev Close
¥9,230
Open
¥9,270
Day's High
¥9,380
Day's Low
¥9,210
Volume
789,700
Avg. Vol
1,306,869
52-wk High
¥10,860
52-wk Low
¥6,380

Latest Key Developments (Source: Significant Developments)

R&I affirms TDK's rating at "A+" and says stable outlook-R&I
Friday, 19 Jan 2018 

Jan 19 (Reuters) - TDK Corp <6762.T>:Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A+"-R&I.Rating outlook stable-R&I.  Full Article

Tdk Corp's Sales Expected To Rise Nearly 10 Percent in Fiscal 2018 - Nikkei
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Nikkei::TDK CORP'S SALES ARE EXPECTED TO RISE NEARLY 10 PERCENT DURING THE YEAR STARTING IN APRIL 2018, TOPPING 1.3 TRILLION YEN- NIKKEI.TDK CORP APPEARS ON TRACK TO GENERATE 120 BILLION YEN ($1.06 BILLION) IN OPERATING PROFIT FOR FISCAL 2018 - NIKKEI.  Full Article

TDK to merge with Tokyo-based SPC
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - TDK Corp <6762.T>:Says it plans to merge with a Tokyo-based SPC, with effective date on April 1, 2018.Says the SPC will be dissolved after merger.  Full Article

TDK's subsidiary EPCOS to acquire Tronics for 13.20 euro per share
Monday, 1 Aug 2016 

Tronics Microsystems SA : Tdk's subsidiary EPCOS will launch an all-cash public tender offer for all publicly-held shares of Tronics for a price of 13.20 euro ($14.74) per share . Offer price per share of Tronics represents a 78.4 pct premium to closing share price as of July 7, 2016 . Offer will be conditional upon reaching a 66.67 pct success threshold .Thales Avionics has informed EPCOS that it wishes to remain a strategic shareholder of Tronics.  Full Article

Hutchinson Technology says U.S. DOJ has opened an investigation relating to sale of suspension assemblies
Thursday, 28 Jul 2016 

Hutchinson Technology Inc : Says received a letter on july 26, 2016 from antitrust division of U.S. Department of justice . U.S. DOJ opened an investigation relating to sale of suspension assemblies for use in hard disk drives . Hutchinson technology provides update on legal and regulatory actions . HTI intends to fully cooperate with DOJ's investigation. . HTI is engaging in contingency planning for potential of continued delays or impediments to pending merger. . Says FTC has not indicated when its review may be completed . Merger agreement may be terminated by HTI or TDK if merger has not been consummated on or before november 1, 2016. .Says DOJ's letter stated that neither HTI nor any HTI employee is currently a subject of DOJ investigation.  Full Article

TDK expected to book 130 bln yen profit from spinning off assets to wireless communications partnership with Qualcomm - Nikkei
Friday, 17 Jun 2016 

: TDK expected to book a 130 bln yen ($1.24 Bln) profit from spinning off assets to a wireless communications partnership with Qualcomm this FY - Nikkei .Resulting boost from spin-off could lift TDK'S group operating profit to around 200 billion yen for the year ending in March 2017 - Nikkei.  Full Article

TDK says reorganization of three passive components units
Friday, 17 Jun 2016 

TDK Corp <6762.T> : Says its unit TDK-EPC plans to set up a wholly owned unit in Akita . Says TDK-EPC's three passive components units to be merged by the newly established unit .Merger effective on April 29, 2017.  Full Article

TDK appoints chairman and president
Thursday, 28 Apr 2016 

TDK CORP:Appoints current president Takehiro Kamigama as chairman.Appoints Shigenao Ishiguro as president.Effective June 29.  Full Article

TDK announces result of supplementary period of takeover bid
Monday, 7 Mar 2016 

TDK CORP:Acquired 26,153,857 shares (90.48 pct stake) of Micronas Semiconductor Holding AG after the supplementary period of takeover bid.Acquired 23,867,354 shares of Micronas Semiconductor Holding AG before the supplementary period of takeover bid.Plan was disclosed on Dec. 17, 2015.  Full Article

Nikkei soars helped by exporters; drugmakers fall

TOKYO, Jan 18 Japan's Nikkei share average soared to a level not seen since November 1991 on Thursday morning after exporters such as electronics components manufacturers surged, tracking the strength on Wall Street overnight.