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TYO:6971

3 stories mentioning TYO:6971Updated 6d ago

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Asia

Kyocera to Sell Nearly 53.7 Million KDDI Shares for 124.8 Billion Yen

Kyocera (TYO:6971) has agreed to tender nearly 53.7 million common shares of KDDI (TYO:9433) at 2,325 yen a piece or 124.8 billion yen in total.Following the sale, the ceramics and electronics company's shareholding in KDDI will decrease to 13.36% from 14.77%, according to a Tokyo bourse filing on Thursday.In its non-consolidated financial statements, Kyocera expects to record a non-recurring gain of 121.6 billion yen, though under IFRS the gain will be recorded as other comprehensive income.The tender offer period ran from May 13 to June 9, with settlement scheduled to begin on July 1.

TYO:6971TYO:9433
Asia

Kyocera's Profit Soars 485% in Fiscal Year 2026

Kyocera's (TYO:6971) profit attributable to owners of the parent soared 485% to nearly 141 billion yen for the fiscal year 2026 from 24.1 billion yen a year earlier.The ceramics and electronics manufacturer's earnings per share increased to 102.70 yen from 17.11 yen a year ago, according to a Tokyo bourse filing on Thursday.Sales revenue rose 2.8% to 2.070 trillion yen for the year ended March 31 from 2.014 trillion yen in the prior year.In a separate disclosure, Kyocera raised its final dividend payment to 27 yen per share, from 25 yen initially planned, payable from June 26.For the fiscal year 2027, the company expects attributable profit of 141 billion yen, basic EPS of 102.73 yen, and sales revenue of 1.940 trillion yen.Kyocera plans to pay interim and year-end dividends of 28 yen per share, each, for the year, higher than the amount paid in the year-ago period.

TYO:6971
Asia

Ushio to Transfer Semiconductor Laser Unit to Kyocera via Corporate Split

Ushio (TYO:6925) will transfer its semiconductor laser device business to Kyocera (TYO:6971) through a corporate split and subsequent share sale for about 1 billion yen, according to a Tuesday filing on the Tokyo Stock Exchange.The company will first carve out the business into a newly established subsidiary before transferring all shares to Kyocera, with completion targeted for April 2027.The move comes as Ushio seeks to improve capital efficiency and optimize its portfolio amid shifting semiconductor demand and growing opportunities in areas such as AI-driven data centers and sensing applications.

TYO:6925TYO:6971

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