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Itochu-Shokuhin Co Ltd

2692.T

Latest Trade

5,210.00JPY

Change

-90.00(-1.70%)

Volume

5,200

Today's Range

5,140.00

 - 

5,280.00

52 Week Range

4,135.00

 - 

5,330.00

As of on the Tokyo Stock Exchange ∙ Minimum 15 minute delay

Latest Developments

Itochu-Shokuhin says president to resign

Feb 23 (Reuters) - Itochu-Shokuhin Co Ltd <2692.T>:Says president Haruo Takagaki will resign, effective March 31 .

Itochu-Shokuhin names Haruo Takagaki as president

Itochu-Shokuhin Co Ltd <2692.T>: Says it names Haruo Takagaki as president .Says effective in late June.

Itochu Shokuhin to issue year-end dividend for FY 2016

Itochu Shokuhin Co Ltd:To issue a year-end dividend of 40 yen per share to all the shareholders of record as of March 31, for the fiscal year ended March 31, 2016.Payment date June 17.Says the dividend is above latest forecast of 35 yen per share.

Itochu Shokuhin announces change of president

Itochu Shokuhin Co Ltd:Appoints Taizo hamaguchi as new president of the company to replace Shuichi Hoshi, which to be officially decided on June 17.

Itochu Shokuhin Co Ltd to Sell Property to Mitsui Fudosan Co Ltd and Expects Extraordinary Profit for FY 2014

Itochu Shokuhin Co Ltd announced that it has decided to sell a Tokyo-based property for JPY 3,700 million in total, to Mitsui Fudosan Co Ltd in October 2013. As a result, the Company expects the extraordinary profit of approximately JPY 3,200 million caused by gain on sale of property, for the fiscal year ending March 2014.

Itochu Shokuhin Co Ltd Announces Merger of Subsidiaries

Itochu Shokuhin Co Ltd announced that it has decided on the merger of its two wholly owned subsidiaries (subsidiary A and B). After the transaction, subsidiary A will be the surviving company and subsidiary B will be dissolved, effective April 1, 2013. Subsidiary A and B are engaged in the transportation businesses in Osaka, Japan, and Nagoya, Japan, respectively.

Itochu Shokuhin Co Ltd Lowers Mid-year and Full-year Consolidated Outlook for FY 2013

Itochu Shokuhin Co Ltd announced that it has lowered its mid-year consolidated outlook for revenue from JPY 315,000 million to JPY 311,000 million, operating profit from JPY 3,300 million to JPY 2,250 million, ordinary profit from JPY 3,800 million to JPY 2,800 million, net profit from JPY 2,300 million to JPY 1,690 million, and earnings per share from JPY 179.19 to JPY 131.70, for the fiscal year ending March 31, 2013. The Company also has lowered its full-year consolidated outlook for revenue from JPY 621,000 million to JPY 612,000 million, operating profit from JPY 7,300 million to JPY 5,300 million, ordinary profit from JPY 8,200 million to JPY 6,400 million, net profit from JPY 5,000 million to JPY 3,900 million, and earnings per share from JPY 389.53 to JPY 303.93, for the fiscal year ending March 31, 2013. The Company lowered its mid-year and full-year consolidated outlook mainly due to the price competition caused by low consumption demands. According to I/B/E/S Estimates, analysts on average are expecting the Company to report its full-year consolidated outlook for revenue of JPY 617,440 million, operating profit of JPY 7,370 million and net profit of JPY 5,090 million, for the same fiscal year.

Itochu Shokuhin Co Ltd to Fully Acquire 51%-owned Subsidiary

Itochu Shokuhin Co Ltd announced that it will purchase 98,000 shares of its 51%-owned subsidiary, which is engaged in the warehousing and automotive transportation businesses in Nagoya, Japan, effective November 30, 2012. As a result, the Company will hold a 100% stake (200,000 shares) in the subsidiary, up from 51% (102,000 shares).

Itochu-Shokuhin Co., Ltd. Receives Warning from Japan Fair Trade Commission

Itochu-Shokuhin Co., Ltd. announced that it has received "warning" from Japan Fair Trade Commission, for the concern of violation of Anti-Monopoly Act.

Itochu-Shokuhin Co., Ltd. Announces Dividend Payment for FY Ended March 2012

Itochu-Shokuhin Co., Ltd. announced that it will issue dividend of JPY 34.00 per share, or JPY 436 million in total, effective June 21, 2012, up from a forecast of JPY 32.00 per share announced on February 9, 2012, from retained earnings to shareholders as of March 31, 2012.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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