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Japan Exchange
02:00:00 2024-05-10 EDT
5-day change
1st Jan Change
1,246
JPY
-9.25%
-7.22%
-4.01%
Nichicon Corporation announces an Equity Buyback for 1,300,000 shares, representing 1.87% for ¥1,500 million.
December 05, 2019 at 02:20 am
Nichicon Corporation (TSE:6996) announces a share repurchase program. Under the program, the company will repurchase 1,300,000 shares, representing 1.87% of its share capital, at ¥1,232 per share for ¥1,500 million. The company will repurchase its shares in order to alleviate the short-term impact on its share supply and demand associated with its issuance of convertible bonds with stock acquisition rights due 2024, increase shareholder value per share and enhance shareholder returns, in addition to implementing a flexible capital policy in response to changes in the business environment and curbing share dilution. As of September 30, 2019, the company had 69,636,932 shares outstanding (excluding treasury shares) and 8,363,068 shares in treasury.
Jefferies Starts Nichicon at Hold with 1,320 Yen Price Target
04-11
MT
Atmosic and Nichicon Announce Energy Harvesting Solution to Reduce Battery Waste in the IoT
23-09-14
CI
Nichicon Corporation and Ossia, Inc. Announce Partnership to Wirelessly Power IOT Devices
23-06-20
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Nichicon Corporation Reports Earnings Results for the Full Year Ended March 31, 2023
23-05-09
CI
NEC : capacitor makers lose challenge against $298 million EU cartel fine
21-09-29
RE
B dot Medical Inc. announced that it has received ¥700 million in funding from Keio Innovation Initiative Inc., Nichicon Corporation, Cosylab D.D., JA Mitsui Leasing, Ltd., and other investors
21-01-30
CI
Nichicon Corporation Announces Consolidated Financial Results for the Nine Months Ended December 31, 2019; and Provides Financial Guidance for the Year Ending March 31, 2020
20-02-04
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Tranche Update on Nichicon Corporation's Equity Buyback Plan announced on December 5, 2019.
19-12-05
CI
Nichicon Corporation's Equity Buyback announced on December 5, 2019 has expired with 1,217,500 shares for ¥1,499.96 million.
19-12-05
CI
Nichicon Corporation announces an Equity Buyback for 1,300,000 shares, representing 1.87% for ¥1,500 million.
19-12-05
CI
Nichicon Corporation authorizes a Buyback Plan.
19-12-04
CI
Smile Resort Co., Ltd. acquired Shinshu Sogo Kaihatsu Kanko K.K. from Nichicon Corporation.
18-09-27
CI
Nichicon Corporation Reports Consolidated Earnings Results for the Full Year Ended of March 31, 2018; Provides Consolidated Earnings Guidance for the First Half Ending September 30, 2018 and Full Year Ending March 31, 2019
18-05-20
CI
Panasonic : EU fines capacitor producers 254 million euros for taking part in cartel
18-03-21
RE
Nichicon Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2018
18-02-04
CI
Nichicon Corporation Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Provides Earnings Guidance for the First Half and Full Year Ending March 31, 2018; Provides Dividend Guidance for the Second Quarter and Full Year Ending March 31, 2018
17-08-16
CI
Nichicon Corporation Reports Consolidated Earnings Results for the Full Year Ended of March 31, 2017; Provides Earnings Guidance for the First Half Ending of September 30, 2017 and Full Year Ending of March 31, 2018; Announces Dividend for the Full Year Ended of March 31, 2017, Payable on June 30, 2017; Provides Dividend Guidance for the Second Quarter and Full Year Ending of March 31, 2018
17-05-10
CI
Nichicon Corporation signed a letter of intent to acquire part of power supply business of Murata Manufacturing Co., Ltd.
17-04-04
CI
Nichicon Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Earnings Guidance for the Full Year Ending March 31, 2017; Provides Dividend Guidance for the Year Ending March 31, 2017
17-02-05
CI
Nichicon Corporation Announces Earnings Results for First Six Months Ended September 30, 2016; Provides Earnings Guidance for the Year Ending March 31, 2017
16-11-03
CI
Nichicon Corporation Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2016; Provides Consolidated Earnings Guidance and Dividend for First Half of Fiscal 2017 and Full Year Ending March 31, 2017
16-08-04
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Nichicon Corporation Reports Consolidated Earnings Results for the Year Ended March 31, 2016; Declares Dividend for the Year Ended March 31, 2016, Payable on June 30, 2016; Provides Dividend Guidance for the Second Quarter of Fiscal Year March 2017 and Full Year Ending March 31, 2017; Provides Consolidated Earnings Guidance for the First Half and Full Year Ending March 31, 2017
16-05-09
CI
Nichicon Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2015; Provides Earnings Guidance for the Full Year Ending March 31, 2016; Provides Dividend Guidance for the Year Ending March 31, 2016
16-02-03
CI
Nichicon Corporation Announces Earnings Results for First Six Months Ended September 30, 2015; Provides Earnings Guidance for the Year Ending March 31, 2016
15-11-20
CI
Nichicon Corporation Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2015; Provides Consolidated Earnings Guidance for First Half of Fiscal 2016 and Full Year Ending March 31, 2016
15-08-04
CI
Duration Auto. 2 months 3 months 6 months 9 months 1 year 2 years 5 years 10 years Max.
Period Day Week
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NICHICON CORPORATION is mainly involved in the manufacture and sale of capacitors and transformers. The Company is mainly engaged in the manufacture and sale of capacitors for electronic equipment use, such as aluminum electrolysis capacitors, film capacitors and positive characteristic thermistors; capacitors for electric and equipment use and application equipment, including film capacitors, rapid chargers, public and industrial power supplies, accelerator power supplies and dynamic voltage restorers, and circuit products, including switching power supplies and functional modules, as well as raw materials. The Company purchases products from its subsidiaries and provides the products to domestic and foreign manufacturers, companies and agencies.
More about the company
Last Close Price
1,246
JPY
Average target price
1,440
JPY
Spread / Average Target
+15.57%
Consensus
1st Jan change
Capi.
-4.01% 547M +161.13% 5.01B +5.27% 3.04B -0.38% 2.87B +97.93% 1.25B -27.93% 1.16B +65.52% 1.07B -8.64% 997M -13.47% 929M -6.18% 848M
Electrical Component
+951% of historical performance
More than 20 years at your side
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