Tokyo Keiki Inc (7721.T)
Latest Key Developments (Source: Significant Developments)
TOKYO KEIKI INC:To dissolve its wholly owned subsidiary, TOKYO KEIKI CUSTOMER SERVICE INC., which has been engaged in the sales of sail machinery and tools components in Tokyo, Japan.Effective date Sep. 30.TOKYO KEIKI to take over the TOKYO KEIKI CUSTOMER SERVICE's business effective Oct. 1. Full Article
TOKYO KEIKI INC:Says the company lowered the consolidated full-year outlook for revenue to 43,200 mln yen from 46,200 mln yen for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to 1,510 mln yen from 2,740 mln yen.Sees a decrease of ordinary profit forecast to 1,610 mln yen from 2,740 mln yen.Sees a decrease of net profit forecast to 1,000 mln yen from 1,850 mln yen.Sees a decrease of earnings per share to 12.01 yen from 22.13 yen.Comments the sluggish in core businesses as the main reason for the forecast. Full Article
TOKYO, Aug 14 Japan's Nikkei share average on Monday tumbled 1.0 percent to a 3-1/2-month low following a holiday weekend, as tension between the United States and North Korea prompted investors to shed riskier assets.