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Toyota Tsusho Corp (8015.T)

8015.T on Tokyo Stock Exchange

3,240JPY
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¥40 (+1.25%)
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¥3,200
Open
¥3,205
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¥3,250
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¥3,195
Volume
700,700
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596,522
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¥4,440
52-wk Low
¥3,020

Latest Key Developments (Source: Significant Developments)

Orocobre Says Olaroz Stage 2 Expansion Final Investment Decision Approved
Wednesday, 28 Nov 2018 

Nov 28 (Reuters) - Orocobre Ltd ::OLAROZ STAGE 2 EXPANSION FID APPROVED.DURING DEVELOPMENT OF STAGE 2, STAGE 1 PLANT WILL PROGRESSIVELY MIGRATE TO 100% BATTERY GRADE LITHIUM CARBONATE PRODUCTION.STAGE 2 EXPANSION WILL INCREASE LITHIUM CARBONATE PRODUCTION CAPACITY BY ABOUT 25,000 TONNES PER ANNUM.REVISED TOTAL CAPITAL EXPENDITURE FOR STAGE 2 IS EXPECTED TO BE US$295 MILLION INCLUDING US$25 MILLION CONTINGENCY.STAGE 2 EXPANSION WILL BE FUNDED BY A COMBINATION OF PROJECT DEBT, OPERATING CASHFLOWS AND SHAREHOLDERS LOANS.US$180 MILLION OF PROJECT FINANCE ANTICIPATED TO BE PROVIDED BY A JAPANESE BANK ON SIMILAR TERMS TO STAGE 1 PROJECT FINANCE FACILITY.EXPECTED COST OF PROJECT IS ABOUT US$15M AND WILL BE SUBJECT TO NORMAL JOINT VENTURE CAPITAL APPROVAL PROCESSES IN DUE COURSE.OROCOBRE WILL BE PAID A FEE OF 1.5% OF SALES REVENUE FOR MANAGING OLAROZ OPERATIONS..CO, TOYOTA TSUSHO CORPORATION AND JV BOARDS APPROVED FINAL INVESTMENT DECISION FOR STAGE 2 EXPANSION OF OLAROZ LITHIUM FACILITY.  Full Article

Tomen Devices to set up sales unit in Singapore
Wednesday, 28 Mar 2018 

March 28(Reuters) - Tomen Devices Corp <2737.T>:Says it plans to set up a sales sub-subsidiary ATMD Electronics (Singapore) Pte. Ltd..Says the sub-subsidiary will be established on April 1, and will be capitalized at $1 million .  Full Article

Toyota Tsusho announces change of chairman and president and CEO
Friday, 2 Feb 2018 

Feb 2(Reuters) - Toyota Tsusho Corp <8015.T>:Says it appoints current president and CEO Jun Karube as chairman of the board of the company, to replace Satoshi Ozawa.Say it appoints Ichiro Kashitani as new president and CEO of the company.Effective April 1 .  Full Article

R&I affirms Toyota Tsusho's rating at "A+" and says stable outlook – R&I
Friday, 22 Dec 2017 

Dec 22(Reuters) - Toyota Tsusho Corp <8015.T>:Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A+" – R&I.Rating outlook stable– R&I.  Full Article

Beach Energy ‍To Acquire Toyota Tsusho's 5 Pct Stake In Otway Gas Project & 11.25 Pct Stake In Bassgas Project​
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Beach Energy Ltd ::‍TO ACQUIRE TOYOTA TSUSHO'S 5% INTEREST IN OTWAY GAS PROJECT AND 11.25% INTEREST IN BASSGAS PROJECT​.BEACH ENERGY -"‍PURCHASE PRICE REMAINS CONFIDENTIAL, HOWEVER IS CONSISTENT WITH PRICING PARAMETERS OF RECENT COMPARABLE TRANSACTIONS WITHIN SECTOR"​.‍DEAL TO BE FUNDED FROM BEACH'S EXISTING CASH RESERVES​.  Full Article

Engie wins renewable energy project in Egypt and will develop 250MW wind power park
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Engie Sa ::* Signed a contract to build, own and operate (BOO) a 250 MW wind farm together with its consortium partners Toyota Tsusho Corporation/Eurus Energy Holdings Corporation (40%) and Orascom Construction Limited (20%)..* The wind farm will be located in Rhas Gharib on the Gulf of Suez, an optimal site with more than 60% of gross capacity factor. The energy will be sold under a 20-year Power Purchase Agreement to the Egyptian Electricity Transmission Company..* Construction is expected to start end of 2017 and will take approximately 24 months to complete.  Full Article

Japan's Toyota Tsusho, JERA to sell Canada's Goreway power station for $289 million

TOKYO Japan's Toyota Tsusho Corp and JERA said on Tuesday they would sell their shares in the Goreway thermal power station in Ontario, Canada to Capital Power Corp for a total of about 32 billion yen ($289 million).