Chugoku Electric Power Co Inc (9504.T)
17 Nov 2017
Latest Key Developments (Source: Significant Developments)
Nikkei: Chugoku Electric Power Co Inc signed deal to procure Liquefied Natural Gas from Total SA for 17 years starting in 2019 - Nikkei .Chugoku Electric Power Co Inc Will receive 400,000 tons of LNG a year under the agreement - Nikkei. Full Article
Chugoku Electric Power Co Inc:Appoints Tomohide Karita as the new Chairman of the Board in the company, to replace Takashi Yamashita.Appoints Mareshige Shimizu as the new President of the company, to replace Tomohide Karita.Effective date April 1. Full Article
Chugoku Electric Power Co Inc:Says the company lowered the consolidated full-year outlook for revenue to 1,232,000 mln yen from 1,246,000 mln yen for the fiscal year ending March 31, 2016.Operating profit forecast increased to 44,000 mln yen from 28,000 mln yen.Ordinary profit forecast increased to 30,000 mln yen from 13,000 mln yen.Net profit forecast increased to 20,000 mln yen from 11,000 mln yen.Earnings per share increased to 55.19 yen from 30.36 yen.FY 2016 revenues of billion yen, net income of 16.05 billion yen – Thomson Reuters I/B/E/S.Says profit outlook raised due to the decreased raw material cost. Full Article
Nov 6 Kobe Steel Ltd's tampering with specifications has led to a scramble among the 525 customers currently affected to check the safety of their cars, planes, trains and other products.