TYO:6750

3 stories mentioning TYO:6750Updated 50d ago

Every FINWIRES story that references TYO:6750, newest first.

Elecom to Merge Two Antenna Subsidiaries, Rename Surviving Entity

Electronics company Elecom (TYO:6750) decided to merge wholly owned subsidiaries DX Antenna and Nippon Antenna, effective Oct. 1.Surviving entity DX Antenna will change its trade name to Nippon DX Antenna following the absorption-type merger deal with nil consideration, according to a Tokyo bourse filing on Monday.The integration aims to consolidate management resources in Elecom's broadcasting reception business to improve operational efficiency.

TYO:6750

Asia53d ago

Elecom to Receive 5.3 Billion Yen Dividend from DX Antenna Subsidiary

Elecom (TYO:6750) expects to receive a 5.3 billion yen dividend from its consolidated subsidiary, DX Antenna, on June 30.In its non-consolidated financial statements for the fiscal year ending March 2027, Elecom plans to record 3.69 billion yen as dividend income under non-operating income, according to a Tokyo bourse filing on Friday.The remaining 1.61 billion yen will be treated as a return of investment and applied to reduce the book value of subsidiary shares.

TYO:6750

Asia112d ago

Elecom Raises Year-End Dividend Forecast

Elecom (TYO:6750) has raised its year-end dividend forecast for the fiscal year ended March 31 to 31 yen per share from 26 yen previously, according to a Tokyo bourse filing Tuesday.The revision includes a commemorative dividend of 5 yen in conjunction with the electronics company's 40th anniversary of its founding in May.The year-end dividend increase raises the total annual dividend to 57 yen per share from 48 yen per share in the previous fiscal year.

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