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Daiken Medical Co Ltd (7775.T)

7775.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Daiken Medical lowers consolidated full-year outlook for FY 2016
Friday, 29 Jan 2016 

Daiken Medical Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 8,250 mln yen from 8,580 mln yen for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to 1,640 mln yen from 1,712 mln yen.Sees a decrease of ordinary profit forecast to 1,650 mln yen from 1,700 mln yen.Sees a decrease of net profit forecast to 1,150 mln yen from 1,123 mln yen.Sees a decrease of earnings per share to 38.35 yen from 37.45 yen.Comments the sluggish in sale of core products as the main reasons for the forecast.  Full Article

BRIEF-Daiken Medical completes share repurchase through ToSTNeT-3

* Says it completed repurchase of 1 million shares of its common stock, representing 3.3 percent of outstanding, on Aug. 1