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U-Shin Ltd (6985.T)

6985.T on Tokyo Stock Exchange

736JPY
1:54am GMT
Change (% chg)

¥-1 (-0.14%)
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¥737
Open
¥738
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¥739
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¥735
Volume
33,100
Avg. Vol
236,715
52-wk High
¥900
52-wk Low
¥701

Latest Key Developments (Source: Significant Developments)

U-Shin to acquire automotive components firm from unit U-Shin Holdings Europe B.V.
Tuesday, 19 Dec 2017 

Dec 19(Reuters) - U-Shin Ltd <6985.T>:Says it plans to acquire all interest in a China-based automotive components firm from the company's unit U-Shin Holdings Europe B.V. .Transaction date on Dec. 31.  Full Article

U-SHIN announces lawsuit in unit
Tuesday, 24 May 2016 

U-SHIN LTD <6985.T>: Says it announces a lawsuit against its US-based unit YUHSHIN U.S.A. LIMITED filed by General Motors LLC on April 19 (American local time) .Says General Motors LLC claims compensation of more than $250 million regarding the damage from disqualification of the lock set produced by the unit YUHSHIN U.S.A. LIMITED.  Full Article

U-Shin revises consolidated mid-year outlook for FY 2016
Tuesday, 12 Apr 2016 

U-Shin Ltd:Says the company remained the consolidated mid-year outlook for revenue at 80,000 million yen for FY ending Nov. 2016.Operating profit forecast at 2,000 million yen.Ordinary profit forecast at 1,300 million yen.Net profit forecast decreased to -300 million yen from 700 million yen.Earnings per share decreased to -10.83 yen from 26.22 yen.Comments the costs for goods check are the main reasons for the forecast.  Full Article

U-Shin updates details for setting up China-based subsidiary
Friday, 26 Feb 2016 

U-Shin Ltd:To set up a wholly owned subsidiary in Wuxi, China, with registered capital of $30 mln in March 2016.Previous plan disclosed on Dec. 22, 2015.  Full Article

BRIEF-U-Shin to acquire automotive components firm from unit U-Shin Holdings Europe B.V.

* Says it plans to acquire all interest in a China-based automotive components firm from the company's unit U-Shin Holdings Europe B.V.