Toa Corp (1885.T)

1885.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Toa says construction defect and false report
Monday, 16 May 2016 

Toa Corp <1885.T>: Says construction defect and false report that contrary to the specifications, in the construction offered by Kanto Regional Development Bureau , the Ministry of Land, Infrastructure and Transport and the co as representative company of the construction .Says after investigation some other construction work of the co has the same problem.  Full Article

Toa says change of chairman and president
Friday, 13 May 2016 

Toa Corp <1885.T>: Says Yukio Suzuki to resign as chairman . Says Masaomi Matsuo to resign as president . Says it appoints Masaki Akiyama as president .Says planned effective on June 1.  Full Article

Toa expects extraordinary loss for FY 2016; revises consolidated full-year outlook for FY 2016; raises year-end dividend forecast for FY 2016
Thursday, 17 Mar 2016 

Toa Corp:Says it expects an extraordinary loss of 1.5 billion yen for FY ending March 2016.Says the loss is recorded for impairment loss.Says the company remained the consolidated full-year outlook for revenue at 205,000 million yen for FY ending March 2016.Operating profit forecast increased to 12,700 million yen from 10,000 million yen.Ordinary profit forecast increased to 11,900 million yen from 9,200 million yen.Net profit forecast increased to 6,300 million yen from 5,600 million yen.Earnings per share increased to 30.14 yen from 26.79 yen.Comments the improved profitability and extraordinary loss are the main reasons for the forecast.Raised year-end dividend forecast to 4 yen per share from 3 yen per share for FY ending March 2016.  Full Article

Toa announces change of chairman and president
Monday, 22 Feb 2016 

Toa Corp:Appoints president Masaomi Matsuo as chairman to replace Yukio Suzuki.Appoints Masaki Aikiyama as president to succeed Masaomi Matsuo.Planned effective in late June.  Full Article