June 4 (Reuters) - Tenryu Saw Mfg. Co Ltd <5945.T>:Says it will set up a wholly owned unit, TENRYU(DALIAN) SAW MFG. CO.,LTD., which will be engaged in manufacture and sale of saw and cutlery, in June .The unit will be capitalized at 600 million yen(total investment amount of about 1.2 billion yen) .
Tenryu Saw Mfg Co Ltd:To issue a year-end dividend of 70 yen per share to all the shareholders of record as of March 31, for FY ended March 2015.Payment date June 29.Says latest dividend forecast was 48 yen per share.
Tenryu Saw Mfg Co Ltd:Says the company raised the consolidated full-year outlook for the FY ending March 2015.Revenue forecast increased to 9,500 million yen from 9,100 million yen.Operating profit forecast increased to 1,250 million yen from 920 million yen.Ordinary profit forecast increased to 1,500 million yen from 1,160 million yen.Net profit forecast increased to 1,000 million yen from 750 million yen.Earnings per share forecast increased to 211.81 yen from 158.85 yen.Comments that operating in oversea market and depreciation of Japanese yen are the main reasons for the forecast.
Tenryu Saw Mfg Co Ltd:To pay year-end dividend of 102 yen per share, above latest dividend forecast of 100 yen per share, for fiscal year 2014.Record date March 31 and effective date June 30.
Tenryu Saw Mfg Co Ltd announced that it has appointed Mr. Shinkichi Saito to replace Mr. Masanao Takahashi as President of the Company, effective June 27, 2013.
Tenryu Saw Mfg Co Ltd announced that it has raised the year-end dividend forecast from JPY 37.00 per share to JPY 42.00 per share for the fiscal year ended March 31, 2012.
Tenryu Saw Mfg Co Ltd announced that it has issued the consolidated mid-year guidance for revenue of JPY 3,700 million, operating profit of JPY 380 million, ordinary profit of JPY 420 million, net profit of JPY 270 million and earning per share of JPY 56.66 for the fiscal year ending March 31, 2012. The Company has issued the consolidated full-year guidance for revenue of JPY 7,500 million, operating profit of JPY 830 million, ordinary profit of JPY 910 million, net profit of JPY 580 million and earning per share of JPY 121.71 for the fiscal year ending March 31, 2012. The Company has amended the mid-year dividend forecast from an undetermined value to JPY 0.00 per share and year-end dividend forecast from an undetermined value to JPY 37.00 per share for the fiscal year ending March 31, 2012.
Tenryu Saw Mfg. Co., Ltd. announced that it has raised its year-end dividend forecast from JPY 25.00 per share to JPY 35.00 per share, for the fiscal year ended March 2011.
Tenryu Saw Mfg. Co., Ltd. announced that there has been some change in its shareholding structure, effective December 14, 2010. A company, which is mainly engaged in securities investment in Cayman Islands, has sold 572,511 shares of the Company's stock, and decreased its voting rights in the Company from 10.67% to 0%. The Cayman Islands-based company is no longer the top shareholder of the Company.
Tenryu Saw Mfg. Co., Ltd. announced that it has completed to repurchase 612,500 shares for JPY 1,109,237,500, on December 14, 2010.