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As of on the Tokyo Stock Exchange ∙ Minimum 15 minute delay
Jan 16 (Reuters) - Dainichiseika Color & Chemicals MFG Co Ltd <4116.T>:Says it will dissolve unit DAICOLOR DO BRASIL IND.E COM.LTDA. .
Dainichiseika Color & Chemicals MFG Co Ltd <4116.T>: Says the co plans to fully buy its 92.7-percent-owned unit, which is mainly engaged in synthetic leather materials business, through stock swap . Says one share of the unit to be exchanged into 2.018 shares of the co and 18,162 shares to be exchanged .Says effective date on March 13.
Dainichiseika Color & Chemicals Mfg Co Ltd:Says it expects an extraordinary loss of 5,490 million yen for FY ending March 2016.Says the loss is recorded for the environmental countermeasure cost.Says the company remained the consolidated full-year outlook for revenue at 168,000 million yen for FY ending March 2016.Operating profit forecast remained at 10,000 million yen.Ordinary profit forecast remained at 10,300 million yen.Net profit forecast decreased to 3,100 million yen from 6,700 million yen.Earnings per share decreased to 33.39 yen from 72.18 yen.Comments the extraordinary loss is the main reason for the forecast.Says year-end dividend forecast remained at 7 yen per share for FY ending March 2016.
Dainichiseika Color & Chemicals Mfg Co Ltd:To issue a year-end dividend of 7 yen per share to all the shareholders of record as of March 31, for FY ended March 2015.Payment date June 29.Says latest dividend forecast was 6 yen per share.
Dainichiseika Color & Chemicals Mfg Co Ltd:Says to dissolve a China-based subsidiary, DAINICHISEIKA CHEMICAL(SHENZHEN) FACTORY LTD.says liquidation date planned on last day of Dec. 2016.
Dainichiseika Color & Chemicals Mfg Co Ltd:Osamu Takahashi to resign from chairman of the board and to act as honorary chairman.Effective in late June.
Dainichiseika Color & Chemicals Mfg Co Ltd:Says it has established a new subsidiary, DM Color Mexicana S.A. de C.V on Nov. 29.Says the new subsidiary is engaged in manufacturing and sales of resin compound and resin coloring agent in Mexico.Says it holds a 65 pct stake in the new subsidiary.Says Mitsubishi Corporation and the subsidiary hold 35 pct stake in the new subsidiary.
Asahi Shimbun reported that Mitsubishi Corp is entering into a joint venture with Dainichiseika Color & Chemicals Mfg. Co. in Mexico to manufacture and sell plastic compound.
Dainichiseika Color & Chemicals Mfg Co Ltd announced that it will merge with a wholly owned subsidiary, which is engaged in manufacturing and sales of printing ink in Hokkaido, effective February 1, 2014. The Company will be the surviving company and the subsidiary will be dissolved.
Dainichiseika Color & Chemicals Mfg.Co. announced that it has appointed Osamu Takahashi as the new Chairman of the Board in the Company, and Koji Takahashi, who will replace Osamu Takahashi, as the new President of the Company, effective June 29, 2011.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.