FDK Corp (6955.T)

6955.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

FDK to merge with unit
Wednesday, 27 Jul 2016 

FDK <6955.T>: Says it will merge with its wholly owned subsidiary FDK TOTTORI CO.,LTD. on Oct. 1 .Says FDK TOTTORI CO.,LTD. will dissolve after merger.  Full Article

Fdk lowers consolidated full-year outlook for FY 2016
Wednesday, 24 Feb 2016 

Fdk Corp:Says the company lowered the consolidated full-year outlook for revenue to 80,000 million yen from 81,000 million yen for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to 1,300 million yen from 2,300 million yen.Sees a decrease of ordinary profit forecast to 300 million yen from 1,700 million yen.Sees a decrease of net profit forecast to 3 million yen from 1,300 million yen.Sees a decrease of earnings per share 0.01 yen from 4.64 yen.Comments that decreased sales of main business, increased retirement payment, as well as the recording of non-operating expenses are the main reasons for the forecast.  Full Article