March 26(Reuters) - Hochiki Corp <6745.T>:Says its wholly owned Singapore-based unit HOCHIKI ASIA PACIFIC PTE.LTD. plans to set up a 99 percent-owned unit HOCHIKI THAILAND CO.,LTD..Says HOCHIKI THAILAND will be established in October, and will be capitalized at 10 million baht.
April 27 (Reuters) - Hochiki Corp <6745.T> ::* Says co appoints current president Kenji Kanamori as new chairman and Akio Yamagata as new president .* Says changes will occur on June 28.
Hochiki Corp <6745.T> : Says its UK unit Hochiki Europe(U.K.)Limited plans to acquire 100 percent stake in an Italia-based firm D.E.S. SRL which is mainly engaged in sale of automatic smoke alarms and fire extinguishing equipment .Transaction amount is 10,400 euro and transaction date on Jan. 20, 2017.
HOCHIKI CORP:Completes repurchase of 4,016,700 shares of its common stock, at the price of 4,382,219,700 yen in total, on Feb. 9.
HOCHIKI CORP:To repurchase up to 4,300,000 shares of its common stock, representing 14.8 pct of outstanding on Feb. 9.Share repurchase price is 1,091 yen per share, the closing price of Feb. 8, or 4,691,300,000 yen in total.
HOCHIKI CORP:Says the company reaffirmed the consolidated full-year outlook for revenue at 73,000 million yen for FY ending March 2016.Operating profit forecast increased to 4,400 million yen from 3,700 million yen.Ordinary profit forecast increased to 4,300 million yen from 3,700 million yen.Net profit forecast decreased to 2,000 million yen from 2,300 million yen.Earnings per share decreased to 68.84 yen from 79.16 yen.Comments the improved gross profit margin and extraordinary loss are the main reasons for the forecast.Expects extraordinary loss of 1,850 million yen as loss from replacement of wireless fire alarm equipments, for Q2 of FY 2016.
HOCHIKI CORP:Announces that there're some defects which will affect the performance of notify the fire, on eight kinds of wireless fire alarm equipments manufactured by the company, with total amount of 155,853.
HOCHIKI CORP:Completed to sell its 100 pct stake in a Beijing-based subsidiary on July 1.Plan disclosed on Dec. 25, 2014.
HOCHIKI CORP:Says Kenzo Nemoto to retire from chairman of the board, effective June 26.
HOCHIKI CORP:Raised year-end dividend forecast to 15 yen per share from 13 yen per share for FY ended March 2015.