May 11(Reuters) - Mitsuboshi Co Ltd <5820.T>:Says it appoints Ryoichi Kisoi as president of the company to replace Soichiro Tsukamoto, effective June 26.
April 27 (Reuters) - Mitsuboshi Co Ltd <5820.T>:Says it plans to sell Osaka-based property to SCINEX CORP <<<2376.T>>> on March 29, 2019, at the price of 900 million yen.Says gain from the sale will be 650 million yen.
Mitsuboshi Co Ltd <5820.T>:Says the co appoints GYOSEI & CO. as new auditor to replace BDO Toyo & Co. since June 23.
MITSUBOSHI CO LTD:Says it expects an extraordinary loss of 71 million yen for FY ended March 2016.Says the loss is recorded for the impairment loss of fixed assets.Says the company increased the consolidated full-year outlook for revenue to 9,434 million yen from 9,428 million yen for FY ended March 2016.Operating profit forecast increased to 253 million yen from 158 million yen.Ordinary profit forecast increased to 219 million yen from 144 million yen.Net profit forecast increased to 116 million yen from 114 million yen.Earnings per share increased to 20.46 yen from 19.95 yen.Comments the sales increase and costs reduction are the main reasons for the forecast.
MITSUBOSHI CO LTD:To dissolve wholly owned Thailand-based subsidiary MITSUBOSHI THAI CO.,LTD.
MITSUBOSHI CO LTD:To issue a year-end dividend of 8 yen per share to all the shareholders of record as of March 31, for FY ended March 2015.Payment date June 25.Says latest dividend forecast was 8 yen per share.
MITSUBOSHI CO LTD:Says the company lowered the consolidated full-year outlook for revenue to 9,413 million yen from 9,500 million yen for FY ended March 2015.Sees a decrease of operating profit forecast to 105 million yen from 180 million yen.Sees a decrease of ordinary profit forecast to 159 million yen from 170 million yen.Net profit forecast increased to 273 million yen from 140 million yen.Earnings per share increased to 47.79 yen from 24.50 yen.Comments the costs increase and foreign exchange gain and recording of deferred tax assets are the main reasons for the forecast.
MITSUBOSHI CO LTD:Expects extraordinary loss of 38 mln yen as impairment loss for FY ending March 2015.
MITSUBOSHI CO LTD:To pay year-end dividend of 8 yen per share, in line with latest dividend forecast, for fiscal year 2014.Record date March 31 and effective date June 26.
MITSUBOSHI CO LTD:Raised full-year consolidated outlook for fiscal year ended March 31, 2014.Full-year revenue outlook of 9,402 mln yen raised from 9,053 mln yen.Full-year operating profit outlook of 161 mln yen raised from 90 mln yen.Full-year ordinary profit outlook of 218 mln yen raised from 121 mln yen.Full-year net profit outlook of 180 mln yen raised from 105 mln yen.Full-year earnings per share outlook of 31.59 yen raised from 18.36 yen.Outlook raised due to increase in sales volume of electric wire and polymatec products.