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U-Shin Ltd (6985.T)

6985.T on Tokyo Stock Exchange

762JPY
17 Nov 2017
Change (% chg)

¥1 (+0.13%)
Prev Close
¥761
Open
¥765
Day's High
¥768
Day's Low
¥762
Volume
128,000
Avg. Vol
238,922
52-wk High
¥900
52-wk Low
¥701

Latest Key Developments (Source: Significant Developments)

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

U-Shin to set up China-based subsidiary
Tuesday, 22 Dec 2015 

U-Shin Ltd:To set up a wholly owned subsidiary in Wuxi, China, with registered capital of $30 mln in Feb. 2016.New subsidiary to be engaged in manufacture and sale of automobile parts.  Full Article

BRIEF- U-Shin to dissolve subsidiary YUHSHIN U.S.A.

* Says it plans to dissolve a wholly owned subsidiary YUHSHIN U.S.A. LTD., which is engaged in manufacture and sales of automobile parts