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Futaba Industrial Co Ltd (7241.T)

7241.T on Tokyo Stock Exchange

16 Feb 2018
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¥4 (+0.45%)
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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

Futaba Industrial announces change of president
Wednesday, 27 Apr 2016 

Futaba Industrial Co Ltd:Appoints Hiroyoshi Yoshiki as new president of the company to replace Yasuhiro Mishima, which to be official decided on June 24.  Full Article

Futaba Industrial expects extraordinary loss for FY 2016
Wednesday, 27 Apr 2016 

Futaba Industrial Co Ltd:Says it expects an extraordinary loss of totaling million 1,060 yen recorded as an impairment loss for the fiscal year ended March 2016.  Full Article

Futaba Industrial announces uncollectible or delayed receivables
Friday, 18 Mar 2016 

Futaba Industrial Co Ltd:Says concern of uncollectible or delayed receivables of 668 million yen and 447 million yen from a Thailand-based company named YMP PRESS & DIES (THAILAND) CO., LTD.This is due to begining of reorganization in YMP PRESS & DIES (THAILAND) CO., LTD.  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)