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April 28(Reuters) - Shinsho Corp <8075.T>:Says it appoints Takafumi Morichi as the new president of the company, to replace Ikuhiro Yamaguchi, effective June 28.
Shinsho Corp <8075.T> :Says it appoints Takafumi Morichi as new president to replace Ikuhiro Yamaguchi, which will be officially decided in June.
Shinsho Corp:Says the company reaffirmed the consolidated mid-year outlook for revenue at 430,000 million yen for FY ending March 2016.Operating profit forecast increased to 2,900 million yen from 2,100 million yen.Ordinary profit forecast increased to 3,200 million yen from 2,000 million yen.Net profit attributable to parent company's shareholders forecast increased to 2,100 million yen from 1,100 million yen.Earnings per share increased to 23.72 yen from 12.42 yen.Says the company reaffirmed the consolidated full-year outlook for revenue at 880,000 million yen for FY ending March 2016.Operating profit forecast increased to 6,200 million yen from 5,900 million yen.Ordinary profit forecast increased to 6,300 million yen from 5,700 million yen.Net profit attributable to parent company's shareholders forecast increased to 3,900 million yen from 3,500 million yen.Earnings per share increased to 44.04 yen from 39.53 yen.Comments the improvement of profits and received dividends are the main reasons for the forecast.
Shinsho Corp:To issue a year-end dividend of 5 yen per share to all the shareholders of record as of March 31, for FY ended March 2015.Payment date June 9.Says latest dividend forecast was 5 yen per share.
Shinsho Corp:Raised year-end dividend forecast to 5 yen per share from 3 yen per share for FY ended March 2015.
Shinsho Corp:Full-year consolidated outlook for revenue of 863,000 mln yen lowered from 940,000 mln yen, for fiscal year ending March 31, 2015.Full-year operating profit outlook reaffirmed as 7,000 mln yen.Full-year ordinary profit outlook reaffirmed as 6,400 mln yen.Full-year net profit outlook reaffirmed as 4,000 mln yen.Full-year earnings per share outlook reaffirmed as 45.17 yen.Revenue outlook lowered due to decreased price and delivery volume of steel material.Reaffirmed year-end dividend forecast of 3 yen per share, for fiscal year 2015.
Kobe Steel Ltd:Kobe Steel Ltd and Shinsho Corp announced an agreement to establish a joint venture in Mexico with O&K American, Metal One Corporation, Mexico's Grupo Simec, SAB de CV and Osaka Seiko Limited for production of cold heading steel wires Called Kobelco CH Wire Mexicana, SA de CV- Mena Report.The new joint venture will deal in processing of steel wire rod into CH steel wire for sale to automotive parts manufacturers in Mexico.
Shinsho Corp:To pay year-end dividend of 3 yen per share, in line with latest dividend forecast, for fiscal year 2014.Record date March 31 and effective date June 10.
Shinsho Corp:Appointed Ikuhiro Yamaguchi to replace Keiichi Murase as president of the company, effective June 26.
Shinsho Corp:Appointed Ikuhiro Yamaguchi to replace Keiichi Murase as president of the company, effective late June 2014.
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