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Futaba Industrial Co Ltd (7241.T)

7241.T on Tokyo Stock Exchange

894JPY
20 Apr 2018
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329,337
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¥1,279
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¥721

Latest Key Developments (Source: Significant Developments)

Futaba Industrial to issue new shares to Toyota Motor via private placement for 1 bln yen
Monday, 23 May 2016 

Futaba Industrial Co Ltd <7241.T>: Says it to issue 19.5 million new shares via private placement to Toyota Motor Corp <7203.T> for 1 bln yen in total from June 8, 2016 to May 22, 2017 .Says Toyota Motor Corp's stake in the co to increase to 31.39 percent from 12.26 percent.  Full Article

BRIEF-Futaba Industrial to sell Chongqing-based auto parts unit for 3 mln yuan

* Says it plans to sell 100 percent stake in a Chongqing-based auto parts unit to Skyman Auto Chassis (Wuhu) in late February, for 3 million yuan (about 50 million yen)