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West Japan Railway Co (9021.T)

9021.T on Tokyo Stock Exchange

7,830JPY
23 May 2018
Change (% chg)

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¥7,830
Open
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Avg. Vol
693,655
52-wk High
¥8,636
52-wk Low
¥7,151

Latest Key Developments (Source: Significant Developments)

West Japan Railway to buy 70 pct stake in unit of Mitsubishi Heavy Industries
Monday, 31 Oct 2016 

West Japan Railway Co <9021.T> : Says co plans to acquire a 70 percent stake in a Tokyo-based real estate agency (target company) which is the sub-subsidiary of Mitsubishi Heavy Industries Ltd <7011.T>, on Feb. 1, 2017 . Says transaction amount is 97 billion yen . Mitsubishi Heavy Industries plans to spin off real estate and related business to the target firm effect on Jan. 1, 2017 .Co will hold a 70 percent stake in the target company up from 0 percent.  Full Article

West Japan Railway forms business and capital alliance with Nippon Signal
Tuesday, 30 Aug 2016 

West Japan Railway Co <9021.T> : Says the co signed a capital and business alliance agreement with Nippon Signal Co Ltd <6741.T> on Aug. 30 . The co plans to acquire 2.1 million shares (equivalent to 3.0 percent of total outstanding shares) in Nippon Signal .Nippon Signal plans to buy 49.0 percent stake in Tetsuden Co Ltd which is the subsidiary of the co's.  Full Article

Nikkei flat as weaker domestic demand-sensitive stocks offset cyclicals' gains

TOKYO, Jan 29 Japan's Nikkei ended flat in choppy trade on Monday with gains in cyclicals such as memory chip makers offset by weakness in in shares sensitive to domestic demand, notably railroad and construction companies.