June 15(Reuters) - Hosoya Pyro-Engineering Co Ltd <4274.T>:Says its top shareholder, an individual shareholder will cut voting power in the company to 0 percent from 18.7 percent.Says a Tokyo-based general incorporated association, which is mainly engaged in marketable securities and real estate related business, will increase voting power to 18.7 percent from 0 percent and will become top shareholder of the company.Change effective Aug. 1.
Hosoya Pyro-Engineering Co Ltd <4274.T>: Says Hisae Hosoya got 25.0 percent stake in the co from the top shareholder Fumio Hosoya .Says Fumio Hosoya passed away on Nov. 12, 2015.
Hosoya Pyro-Engineering Co Ltd:To issue a year-end dividend of 6 yen per share to all the shareholders of record as of March 31, for the fiscal year ended March 2014.Payment date June 26.Says latest dividend forecast was 5 yen per share.
Hosoya Pyro-Engineering Co Ltd announced that it has appointed Joji Hosoya as President and Representative Director, to replace Takeshiro Shimai, effective June 2013.
Hosoya Pyro-Engineering Co., Ltd. announced that the Company's directors and auditors have received verdict of lawsuit, which was announced on October 18, 2010. The Tokyo District Court dismissed the plaintiff's demand and the plaintiff will pay the expenses of lawsuit.
Hosoya Pyro-Engineering Co., Ltd. announced that it has lowered its consolidated full-year outlook for revenue from JPY 1,530 million to JPY 1,418 million, operating profit from JPY 149 million to JPY 85 million, ordinary profit from JPY 137 million to JPY 74 million, net profit from JPY 68 million to JPY 32 million and earning per share from JPY 17.17 to JPY 8.00 for the fiscal year ending March 2011. This is due to the less-than-expected sales. Therefore, the Company has lowered its year-end dividend forecast from JPY 7.00 per share, which was announced on August 10, 2010, to JPY 5.00 per share for the fiscal year ending March 2011.
Hosoya Pyro-Engineering Co., Ltd. announced that its shareholder, an individual, has filed for a lawsuit against three Directors and one former Director of the Company, with the Tokyo District Court, on September 27, 2010. The shareholder demands damages of JPY 126.7 million due to Director's violation of prudent man rule.
Hosoya Pyro-Engineering Co., Ltd. announced that Fumio Hosoya is no longer serving as Chairman of the Company, effective November 18, 2009.
Hosoya Pyro-Engineering Co., Ltd. announced that it will change its accounting auditor from a Tokyo-based accounting firm to two certified public accountants, effective June 23, 2009.
Hosoya Pyro-Engineering Co., Ltd. announced that its top shareholder, Masao Hosoya, who served as an advisor of the Company, has inherited 615,202 shares (615 voting rights) of the Company, to Fumio Hosoya, who serves as Chairman of the Board and Representative Director in the Company. As a result, Masao Hosoya holds no stake in the Company, down from 15.26%, and Fumio Hosoya holds 24.82% stake, up from 9.57%.