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West Japan Railway Co (9021.T)

9021.T on Tokyo Stock Exchange

20 Mar 2018
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¥47 (+0.64%)
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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

R&I affirms West Japan Railway Co's rating at "AA" and announces stable outlook
Friday, 20 May 2016 

West Japan Railway Co <9021.T> : Says Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "AA" .Says rating outlook stable.  Full Article

West Japan Railway announces change of president and chairman
Wednesday, 18 May 2016 

West Japan Railway Co <9021.T> : Says it appoints Seiji Manabe who is current president of the company as new chairman of the board . Says it appoints Tatsuo Kijima as new president to succeed Seiji Manabe .Says changes will occur on June 22.  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.