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Latest Developments

ADVANEX says change of chairman

June 22 (Reuters) - ADVANEX INC <5998.T> ::Says it appoints Tsuneo Shibano as new chairman, to replace Yuichi Kato who will retire.Tsuneo Shibano will also stay as president .

Advanex to set up unit Advanex(India)Private Limited

Aug 22 (Reuters) - Advanex Inc <5998.T>:* Says it and unit Advanex(Singapore)Pte.Ltd. will set up unit Advanex(India)Private Limited, with a registered capital of about 18 million yen, in September .* Says Advanex(India)Private Limited will be engaged in manufacture and sale of precise spring related products .

Advanex plans to start new carbon nanotube business

June 22 (Reuters) - Advanex Inc <5998.T>:* Says it plans to start new carbon nanotube business on June 22.

Japan-based company to acquire shares of Advanex

May 17(Reuters) - Advanex Inc <5998.T>:Says a Japan-based asset management company plans to buy 269,900 shares (6.8 percent voting rights) of the company from chairman of the board of the company, on May 17.

Advanex to buy 78.2 pct stake in PT.Yamakou Indonesia for 391.1 mln yen

Advanex Inc <5998.T> : Says co plans to acquire 78.21 percent stake in metal press and insert molding components maker PT.Yamakou Indonesia, in which co holds 14 percent stake directly, on Jan. 12, 2017 . Acquisition amount for 78.21 percent stake is 391.1 million yen .Says co will hold 100 percent stake in PT.Yamakou Indonesia jointly with wholly owned unit Advaenx(Singapore)Pte.Ltd..

Advanex announces shareholding structure changes

Advanex Inc <5998.T>:Says a Tokyo-based company, which is engaged in real estate management, securities trading and investment, raised stake in the co to 10.8 percent from 5.3 percent.

ADVANEX lowers consolidated full-year outlook for FY 2016

ADVANEX INC:Says the company lowered the consolidated full-year outlook for revenue to 19,200 mln yen from 19,800 mln yen for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to 600 mln yen from 880 mln yen.Sees a decrease of ordinary profit forecast to 600 mln yen from 860 mln yen.Sees a decrease of net profit forecast to 480 mln yen from 550 mln yen.Sees a decrease of earnings per share to 117.16 yen from 134.08 yen.Comments the decreased sales of OA machinery in Japan as the main reason for the forecast.

ADVANEX to dissolve subsidiary

ADVANEX INC:To dissolve a Tokyo-based subsidiary, which has been engaged in after service of hinge business.The subsidiary is 100 pct owned by the company.Completion date of liquidation expected in late March 2016.

ADVANEX to issue year-end dividend for FY 2015

ADVANEX INC:To issue a year-end dividend of 3 yen per share to all the shareholders of record as of March 31, for FY ended March 2015.Payment date June 25.Says latest dividend forecast was 2 yen per share.

ADVANEX expects extraordinary loss for Q4 of FY 2015 and revises consolidated full-year outlook for FY 2015

ADVANEX INC:Says it expects an extraordinary loss of 105 million yen and 50 million yen for Q4 of FY ended March 2015.Says the loss is recorded for disaster loss allowance and related company liquidation loss.Says the company increased the consolidated full-year outlook for revenue to 29,100 million yen from 28,000 million yen for FY ended March 2015.Operating profit forecast remained at 1,000 million yen.Ordinary profit forecast remained at 980 million yen.Net profit forecast decreased to 500 million yen from 740 million yen.Earnings per share decreased to 12.08 yen from 17.86 yen.Comments the sales increase in U.K and Asia and extraordinary loss are the main reasons for the forecast.

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