Yorozu Corp (7294.T)

7294.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Yorozu buys 175,900 shares back from Sept. 14 to Sept. 23
Tuesday, 27 Sep 2016 

Yorozu Corp <7294.T> : Says it bought 175,900 shares back, for 259.6 million yen, during the period from Sept. 14 to Sept. 23 .Says this was part of the share repurchase plan announced on Sept. 8.  Full Article

YOROZU names Ken Shido as new president
Friday, 8 Apr 2016 

YOROZU CORP:Names Ken Shido as new president to replace Kazumi Sato.Effective in middle June.  Full Article

YOROZU raises consolidated full-year outlook for FY 2016
Tuesday, 10 Nov 2015 

YOROZU CORP:Says the company reaffirmed the consolidated full-year outlook for revenue as 165,000 million yen for the fiscal year ending March 31, 2016.Operating profit forecast increased to 9,500 million yen from 9,000 million yen.Ordinary profit forecast increased to 9,400 million yen from 9,100 million yen.Net profit forecast increased to 5,200 million yen from 4,800 million yen.Earnings per share increased to 209.93 yen from 193.78 yen.FY 2015 revenues of 166.00 billion yen, net profit of 5.25 billion yen – Thomson Reuters I/B/E/S.Comments that the recording of exchange loss is the main reason for the forecast.  Full Article

YOROZU to issue mid-year dividend and raises year-end dividend outlook for FY 2016
Tuesday, 10 Nov 2015 

YOROZU CORP:To issue a mid-year dividend of 34 yen per share to all the shareholders of record as of Sep. 30, 2015, for the fiscal year ending March 2016.Payment date Dec. 11.Says the dividend amount is in line with the latest forecast disclosed on Aug. 6, 2015.Raises year-end dividend outlook to 40 yen per share, raised from 34 yen per share, for the same fiscal year.  Full Article

YOROZU to set up subsidiary in U.S.
Tuesday, 13 Oct 2015 

YOROZU CORP:To set up subsidiary Yorozu Automotive Alabama, Inc in U.S., in October.Subsidiary to be engaged in automobile steering suspension parts business.  Full Article