Taiyo Yuden Co Ltd (6976.T)
Latest Key Developments (Source: Significant Developments)
Taiyo Yuden Co Ltd <6976.T>::TO BUY BACK UP TO 2 MILLION SHARES WORTH 3 BILLION YEN THROUGH MARCH 29. Full Article
April 3 (Reuters) - Elna Co Ltd <6972.T>:Says it issued 76.9 million shares to Taiyo Yuden Co Ltd <<<6976.T>>> via private placement, with paid-in price of 65 yen per share (5 billion yen in total) .Says payment date on April 3.Previous news was disclosed on Feb. 26. Full Article
Feb 26 (Reuters) - Taiyo Yuden Co Ltd <6976.T>:Says it plans to form business and capital alliance with Elna Co Ltd <<<6972.T>>>.Through business alliance, two entities will mainly cooperate on development, production and material procurement of EDLC and lithium ion capacitor, technology and know-how of capacitor business and sales expansion.Through capital alliance, co will acquire 76.9 million shares of Elna via private placement for 5 billion yen in total (65 yen per share), with payment period from April 3 to April 9.Says co will hold 63.78 percent voting power (91.9 million shares), up from 22.32 percent (15 million shares). Full Article
TOKYO, June 19 Japan's Nikkei rallied hard to end near six-week highs on Wednesday on news that the United States and China will revive talks on trade, while expectations the U.S. Federal Reserve will cut rates this year supported sentiment.