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Suminoe Textile Co., Ltd.

3501.T

Latest Trade

2,850.00JPY

Change

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Today's Range

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52 Week Range

2,196.00

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3,165.00

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

Latest Developments

Suminoe Textile To Buy Back Up To 600,000 Shares Worth 1.8 Billion Yen Through Jan 14, 2020

Jan 11 (Reuters) - Japan's Suminoe Textile Co Ltd <3501.T>::TO BUY BACK UP TO 600,000 SHARES WORTH 1.8 BILLION YEN THROUGH JAN 14, 2020.

Suminoe Textile completes share repurchase

Sept 19(Reuters) - Suminoe Textile Co Ltd <3501.T>:Says it completes repurchase of 454,400 shares of its common stock.Shares repurchased at the price of 1.45 billion yen in total, during period from Sept. 11 to Sept. 19.

Suminoe Textile to repurchase up to 6.6 pct shares

Sept 10 (Reuters) - Suminoe Textile Co Ltd <3501.T>:Says it will repurchase up to 500,000 shares, representing 6.6 percent of outstanding, for up to 1.6 billion yen in total, during the period from Sept. 11 to Nov. 9 .

Suminoe Textile gets approval to extend submitting of securities reports

Suminoe Textile Co Ltd <3501.T>: Says it has received the approval to extend the deadline of submitting the securities report for FY ending May 2016 to Oct. 31, instead of Aug. 31 .Says it has received the approval to extend the deadline of submitting the Q1 securities report for FY ending May 2017 to Nov. 15, instead of Oct. 15.

Suminoe Textile appoints Ichizo Yoshikawa as president

Suminoe Textile Co Ltd <3501.T>:Says it appoints Ichizo Yoshikawa as president with effective date on July 29.

Suminoe Textile to set up external investigation committee

Suminoe Textile Co Ltd <3501.T>:Says it resolved to set up external investigation committee for signs of inappropriate accounting of Suminoe Textile of America.

Suminoe Textile announces change of chairman and president

Suminoe Textile Co Ltd:Says it appoints current president Ichizo Yoshikawa as chairman.Appoints Shozo Kawabata as president to succeed Shozo Kawabata.Planned effective June 1.

Suminoe Textile Co Ltd to Issues Mid-year and Year-end Dividend Forecasts for FY 2014

Suminoe Textile Co Ltd announced that the mid-year dividend forecast at JPY 2.5 per share, and the year-end dividend forecast at JPY 3.5 per share, including a common dividend of JPY 2.5 per share and a bonus dividend of JPY 1 per share, in the commemoration of its 100th anniversary of foundation, for the fiscal year ending May 2014. The mid-year dividend and year-end dividend for the previous fiscal year were both JPY 2.5 per share.

Suminoe Textile Co Ltd Expects Extraordinary Loss and Amends Full-year Consolidated Outlook for FY 2013; Reaffirms Year-end Dividend Forecast for FY 2013

Suminoe Textile Co Ltd announced that it expects the extraordinary loss of JPY 1,161 million caused by business restructuring cost, for the fiscal year ending May 31, 2013. As a result, the Company has reaffirmed its full-year consolidated outlook for revenue of JPY 81,000 million, operating profit of JPY 2,000 million, ordinary profit of JPY 2,350 million, and lowered its full-year consolidated outlook for net profit from JPY 1,500 million to JPY 640 million, and earnings per share from JPY 19.86 to JPY 8.47, for the fiscal year ending May 31, 2013. The Company lowered its full-year consolidated outlook net profit mainly due to the extraordinary loss caused by business restructuring cost. The Company has reaffirmed its year-end dividend forecast of JPY 2.5 per share, for the same fiscal year.

Suminoe Textile Co., Ltd. Expects Extraordinary Loss and Lowers Consolidated Full-year Outlook for FY Ending May 31, 2011

Suminoe Textile Co., Ltd. announced that it expects to record JPY 110 million loss on retirement of fixed assets as extraordinary loss for the fiscal year ending May 31, 2011. Therefore, the Company lowered its consolidated full-year outlook for revenue from JPY 74,000 million to JPY 70,850 million, operating profit from JPY 1,850 million to JPY 800 million, ordinary profit from JPY 2,150 million to JPY 1,300 million, net profit from JPY 1,350 million to JPY 600 million and earning per share from JPY 17.86 to JPY 7.94 for the fiscal year ending May 31, 2011. This is due to the deceased production of automobile caused by the earthquake.

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

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