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SHINAGAWA REFRACTORIES CO., LTD.

5351.T

Latest Trade

2,083.00JPY

Change

-132.00(-5.96%)

Volume

21,600

Today's Range

2,076.00

 - 

2,228.00

52 Week Range

2,002.00

 - 

3,635.00

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

Latest Developments

Shinagawa Refractories to set up JV in India

Nov 8(Reuters) - Shinagawa Refractories Co Ltd <5351.T>:Says it will set up a JV SG Shinagawa Refractories India LLP, which will be engaged in manufacture and sales of refractory, in the end of December, with Grindwell Norton Ltd .Says the JV will be capitalized at 230 million Indian rupees.Says the company will hold 51 percent stake in the JV .

Shinagawa Refractories says change of president

Feb 26(Reuters) - Shinagawa Refractories Co Ltd <5351.T>:Says it appoints Hiromu Oka as new president of the company, to replace Mitsugu Aikawa, effective late June .

Shinagawa Refractories to sell entire 67 pct stake in refractories unit for 9 mln yuan

Oct 19(Reuters) - Shinagawa Refractories Co Ltd <5351.T>:Says it plans to sell entire 67 percent stake in a China-based unit, which is engaged in manufacture and sales of refractories, for 9 million yuan .Transaction date on Jan. 1, 2018.

SHINAGAWA REFRACTORIES raises year-end dividend forecast for FY 2015

SHINAGAWA REFRACTORIES CO LTD:Raised year-end dividend forecast to 3.5 yen per share from 2.5 yen per share for FY ended March 2015.

SHINAGAWA REFRACTORIES CO LTD amends consolidated full-year outlook for FY 2014

SHINAGAWA REFRACTORIES CO LTD:Says the company raised the consolidated full-year outlook for revenue to 96,870 million yen from 96,500 million yen for the fiscal year ended March 2014.Sees a decreased operating profit forecast to 3,940 million yen from 4,500 million yen.Sees a decreased ordinary profit forecast to 4,160 million yen from 4,400 million yen.Sees a decreased net profit forecast to 2,230 million yen from 3,200 million yen.Sees a decrease of earnings per share to 23.65 yen from 33.94 yen per share.Comments that fixed assets disposal loss, fixed assets impairment loss and special retirement bonus payment with business reorganization of domestic and overseas subsidiaries are the main reasons for the forecast.

SHINAGAWA REFRACTORIES CO LTD Amends Consolidated Mid-year and Full-year Guidance for FY 2014

SHINAGAWA REFRACTORIES CO LTD announced that it has reaffirmed the consolidated mid-year guidance for revenue of JPY 47,800 million, operating profit of JPY 2,100 million, ordinary profit of JPY 2,100 million and raised the guidance for net profit from JPY 1,150 million to JPY 2,050 million and earning per share from JPY 12.20 to JPY 21.74 for the fiscal year ending March 31, 2014. The Company has reaffirmed the consolidated mid-year guidance for revenue of JPY 96,500 million, operating profit of JPY 4,500 million, ordinary profit of JPY 4,400 million and raised the guidance for net profit from JPY 2,300 million to JPY 3,200 million and earning per share from JPY 24.39 to JPY 33.94 for the fiscal year ending March 31, 2014. The Company amended the consolidated mid-year and full-year outlook due to profit on sale of land by subsidiary.

SHINAGAWA REFRACTORIES CO LTD's Subsidiary to Sell Land

SHINAGAWA REFRACTORIES CO LTD announced that its Australia-based subsidiary, which is engaged in manufacturing and sales of fire-proof objects, has decided to sell a piece of land located in Australia for AUD 10,300,000, to TUTT BRYANT GROUP LIMITED. The transaction is expected to be completed in July 2013.

SHINAGAWA REFRACTORIES CO LTD Appoints President

SHINAGAWA REFRACTORIES CO LTD announced that it has appointed Mitsugu Aikawa as President and Representative Director, to take the place of Yoshihiko Shimizu, effective June 2013.

SHINAGAWA REFRACTORIES CO LTD Lowers Consolidated Mid-year Outlook for FY 2013

SHINAGAWA REFRACTORIES CO LTD announced that it has lowered the consolidated mid-year outlook for revenue from JPY 50,900 million to JPY 49,100 million, operating profit from JPY 2,600 million to JPY 2,500 million, ordinary profit from JPY 2,600 million to JPY 2,500 million, net profit from JPY 1,400 million to JPY 700 million and earning per share from JPY 14.85 to JPY 7.42 for the fiscal year ending March 31, 2013. The negative outlook is mainly due to loss in evaluation of securities.

SHINAGAWA REFRACTORIES CO LTD Expects Q2 Extraordinary Loss for FY Ending March 2013

SHINAGAWA REFRACTORIES CO LTD announced that it expects to record JPY 1,050 million loss on valuation of investment securities as extraordinary loss for the second quarter of the fiscal year ending March 2013.

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

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