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Iwatani Corp (8088.T)

8088.T on Tokyo Stock Exchange

23 Mar 2018
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¥-120 (-3.01%)
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Latest Key Developments (Source: Significant Developments)

Toshiba, Tohoku Electric and Iwatani to invest in hydrogen plant in Fukushima prefecture - Nikkei
Wednesday, 28 Sep 2016 

Nikkei: Toshiba, Tohoku Electric Power and Iwatani together to invest several billion yen to build a hydrogen plant in Fukushima prefecture - Nikkei .Plan is to have the facility operational by 2020; plant will produce 900 tons of hydrogen annually‍​ - Nikkei.  Full Article

IWATANI lowers consolidated full-year outlook and raises year-end dividend forecast for FY 2016
Tuesday, 26 Apr 2016 

IWATANI CORP:Says the company lowered the consolidated full-year outlook for revenue to 616,000 mln yen from 700,000 mln yen for the fiscal year ended March 31, 2016.Sees a decrease of operating profit forecast to 20,400 mln yen from 20,700 mln yen.Ordinary profit forecast increased to 21,500 mln yen from 21,000 mln yen.Net profit forecast increased to 12,300 mln yen from 11,000 mln yen.Earnings per share increased to 49.98 yen from 44.69 yen.FY 2016 revenues of 737.50 billion yen, net income of 12.59 billion yen – Thomson Reuters I/B/E/S.Revenue outlook lowered due to the lower sale price of LP gas, net profit outlook raised due to improved sale gross margin rate.Says it raised the year-end dividend forecast to 8 yen per share from 7 yen per share for the fiscal year ended March 2016.  Full Article

UPDATE 1-Japan venture aims to build 80 hydrogen fuelling stations by 2022

* New venture will nearly double number of stations (Adds comment, details)