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Vitec Holdings Co Ltd (9957.T)

9957.T on Tokyo Stock Exchange

17 Jan 2018
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¥-22 (-1.18%)
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Latest Key Developments (Source: Significant Developments)

VITEC HOLDINGS announces business and capital alliance with Panasonic
Monday, 4 Apr 2016 

VITEC HOLDINGS CO LTD:Formed a business and capital alliance with Panasonic on April 4.VITEC HOLDINGS to transfer 87,999 shares of wholly owned subsidiary PTT Company Limited to Panasonic on June 30.Panasonic to hold 19.99 pct stake in PTT Company Limited after transfer.Says two entities will cooperate on procurement related business.  Full Article

VITEC HOLDINGS lowers consolidated full-year outlook for FY 2016
Monday, 28 Mar 2016 

VITEC HOLDINGS CO LTD:Says the company reaffirmed the consolidated full-year outlook for revenue at 145,000 mln yen for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to 2,400 mln yen from 3,000 mln yen.Sees a decrease of ordinary profit forecast to 1,750 mln yen from 2,500 mln yen.Sees a decrease of net profit forecast to 1,200 mln yen from 1,700 mln yen.Sees a decrease of earnings per share to 87.77 yen from 124.41 yen.Says the impact of high-valued yen and reduction of output for China market in its device business and price downturn in its new electricity business as main reasons for the forecast.  Full Article