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Kyocera Announces Consolidated Financial Results for Third Quarter, Ended Dec. 31, 2023

Retrieved on: 
Thursday, February 1, 2024

These factors led to further weakness in Semiconductor- and Information & Communications- related markets, which comprise the company’s major revenue sources.

Key Points: 
  • These factors led to further weakness in Semiconductor- and Information & Communications- related markets, which comprise the company’s major revenue sources.
  • Compared to the year-ago period, sales revenue decreased by 2.2%, to JPY1,492,672 (USD10,512) million, due mainly to lower demand for key products in the Core Components and Electronic Components segments, which offset rising sales in the Solutions segment.
  • Profits decreased as well, due primarily to lower production equipment utilization rates caused by reduced orders, rising labor costs, and higher research and development investments to support future growth.
  • Three Months Ended December 31,

Netherlands Construction Market Size, Trends and Forecasts 2023-2027: Market Set to Recover and Record Annual Average Growth of 1.9% During 2025-2027 - ResearchAndMarkets.com

Retrieved on: 
Friday, January 19, 2024

The "Netherlands Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2023-2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Netherlands Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2023-2027" report has been added to ResearchAndMarkets.com's offering.
  • According to Statistics Netherlands (CBS), the construction value add rose by 2.1% year on year (YoY) in Q3 2023, following Y-o-Y growth of 3.3% in Q2 and 6% in Q1 2023.
  • Over the remainder of the forecast period, the construction industry is expected to recover and record an annual average growth of 1.9% during 2025-27, aided by investments in transport and renewable energy infrastructure projects.
  • It provides -
    Historical (2018-2022) and forecast (2023-2027) valuations of the construction industry in the Netherlands, featuring details of key growth drivers.

Kyocera Announces Consolidated Financial Results for Six Months Ended September 30, 2023

Retrieved on: 
Wednesday, November 1, 2023

Although Solutions segment sales increased, the company’s consolidated sales revenue decreased 2.7% over the prior first half, to JPY985,290 (USD6,569) million, due mainly to reduced demand in key components markets.

Key Points: 
  • Although Solutions segment sales increased, the company’s consolidated sales revenue decreased 2.7% over the prior first half, to JPY985,290 (USD6,569) million, due mainly to reduced demand in key components markets.
  • Profits decreased as well, due mainly to a combination of lower sales revenue and inflation raising the cost of raw materials and energy.
  • Consolidated operating profit decreased 29.4% from the prior first half, to JPY54,002 (USD360) million; profit before income taxes decreased 25.4%, to JPY77,867 (USD519) million; and profit attributable to owners of the parent decreased 25.3%, to JPY56,487 (USD377) million.
  • Three Months Ended September 30,

KYOCERA Announces Consolidated Financial Results for Three Months Ended June 30, 2023

Retrieved on: 
Monday, July 31, 2023

The company’s main revenue drivers, which include the semiconductor-related as well as the information and communications markets, remained in an adjustment phase.

Key Points: 
  • The company’s main revenue drivers, which include the semiconductor-related as well as the information and communications markets, remained in an adjustment phase.
  • The company’s consolidated financial forecasts for the year ending March 31, 2024 (“fiscal 2024”) remain unchanged from those announced in May 2023 since the first-quarter results stayed within the range of our original public projections.
  • Recovery in semiconductor-related markets, as well as information and communications markets, is expected to commence from the second half onward beginning October 1, 2023.
  • The Kyocera Group aims to achieve its full-year consolidated financial forecasts by booking new orders, expanding sales and seizing new profitability improvement opportunities.

IDB Invest Expands its Presence in the Euro Market with a 7-year Benchmark Bond

Retrieved on: 
Thursday, June 1, 2023

WASHINGTON, June 1, 2023 /PRNewswire/ -- IDB Invest, the IDB Group's private sector institution rated Aa1/AA+/AAA, raised EUR500 million through a 7-year, fixed-rate benchmark bond.

Key Points: 
  • WASHINGTON, June 1, 2023 /PRNewswire/ -- IDB Invest, the IDB Group's private sector institution rated Aa1/AA+/AAA, raised EUR500 million through a 7-year, fixed-rate benchmark bond.
  • This is IDB Invest's second euro-denominated bond and its longest benchmark bond to date.
  • This is IDB Invest's second euro-denominated bond and its longest benchmark bond to date.
  • IDB Invest is committed to delivering opportunities to invest in sustainable development in Latin America and the Caribbean.

IDB Invest Expands its Presence in the Euro Market with a 7-year Benchmark Bond

Retrieved on: 
Thursday, June 1, 2023

WASHINGTON, June 1, 2023 /PRNewswire/ -- IDB Invest, the IDB Group's private sector institution rated Aa1/AA+/AAA, raised EUR500 million through a 7-year, fixed-rate benchmark bond.

Key Points: 
  • WASHINGTON, June 1, 2023 /PRNewswire/ -- IDB Invest, the IDB Group's private sector institution rated Aa1/AA+/AAA, raised EUR500 million through a 7-year, fixed-rate benchmark bond.
  • This is IDB Invest's second euro-denominated bond and its longest benchmark bond to date.
  • The seven-year bond pays an annual coupon of 3.125% and is priced at mid-swaps plus 21 basis points, equivalent to 97.3 basis points over the yield of the February 2030 German government bond.
  • IDB Invest is committed to delivering opportunities to invest in sustainable development in Latin America and the Caribbean.

Nokia announces new 4G and 5G Core Network software solutions for mission critical needs of enterprise verticals

Retrieved on: 
Tuesday, May 30, 2023

Nokia Core Enterprise Solutions are based on the company’s widely deployed Core products and optimized to help enterprises take advantage of secure carrier grade capabilities and digitalize their network infrastructure to realize increased automation, productivity and efficiency.

Key Points: 
  • Nokia Core Enterprise Solutions are based on the company’s widely deployed Core products and optimized to help enterprises take advantage of secure carrier grade capabilities and digitalize their network infrastructure to realize increased automation, productivity and efficiency.
  • The addressable market for Core networks solutions in the enterprise FAN/WAN private wireless communications space is expected to increase 50 percent and reach EUR 1.5 billion by 2027 from approximately EUR1 billion today, according to Nokia estimates.
  • Nokia Core Enterprise Solutions are an integral component of Nokia’s private wireless solution and designed for enterprises and governments that have networking requirements similar to a communication service provider.
  • Nokia Core Enterprise Solutions will provide important catalysts for accelerating digital transformation for enterprises in public safety and power utilities.

Kyocera Announces Consolidated Financial Results for Year Ended March 31, 2023

Retrieved on: 
Monday, May 15, 2023

The global economy began to exhibit signs of a slowdown during the fiscal year ended March 31, 2023.

Key Points: 
  • The global economy began to exhibit signs of a slowdown during the fiscal year ended March 31, 2023.
  • The company’s key markets entered an adjustment phase, led by declining demand for smartphones.
  • Nonetheless, the company succeeded in achieving its long-term milestone goal of JPY 2 trillion in consolidated sales revenue.
  • As a result of these factors, sales revenue increased by 10.1%, to JPY2,025,332 (USD15,114) million over the prior fiscal year.

SEGA to Acquire Rovio Entertainment Oyj

Retrieved on: 
Monday, April 17, 2023

SEGA Corporation (the “Company”), a subsidiary of SEGA SAMMY HOLDINGS, at the meeting of its Board of Directors held on April 17, 2023, resolved to implement a tender offer (tender offer under the Finnish Law, the “Tender Offer”) to acquire Rovio Entertainment Oyj (“Rovio”), a mobile game company headquartered in Finland, through SEGA’s wholly-owned UK subsidiary SEGA Europe Limited (the “Acquisition”) and SEGA SAMMY HOLDINGS has entered into a definitive agreement with Rovio pursuant to which the Tender Offer is made.

Key Points: 
  • SEGA Corporation (the “Company”), a subsidiary of SEGA SAMMY HOLDINGS, at the meeting of its Board of Directors held on April 17, 2023, resolved to implement a tender offer (tender offer under the Finnish Law, the “Tender Offer”) to acquire Rovio Entertainment Oyj (“Rovio”), a mobile game company headquartered in Finland, through SEGA’s wholly-owned UK subsidiary SEGA Europe Limited (the “Acquisition”) and SEGA SAMMY HOLDINGS has entered into a definitive agreement with Rovio pursuant to which the Tender Offer is made.
  • Shareholders in Rovio who in aggregate hold shares corresponding to approximately 49.1 percent of the outstanding shares and votes in Rovio, have irrevocably undertaken to accept the Offer, subject to certain customary conditions.
  • Historically, as represented by the “Sonic the Hedgehog” series, SEGA has released countless video game titles to various gaming platforms.
  • Combining the strengths of Rovio and SEGA presents an incredibly exciting future.

KYOCERA Announces Consolidated Financial Results for Third Quarter, Ended Dec. 31, 2022

Retrieved on: 
Wednesday, February 1, 2023

Concerning the company’s major revenue sources, the period brought continued robust demand in semiconductor-related markets; however, smartphone-related markets exhibited a slowing trend.

Key Points: 
  • Concerning the company’s major revenue sources, the period brought continued robust demand in semiconductor-related markets; however, smartphone-related markets exhibited a slowing trend.
  • The Communications Unit experienced a sharp decrease in sales revenue during the period, and the company recorded slowing demand for components used in smartphones during the three months ended Dec. 31, 2022.
  • JPY7 billion in litigation costs during the three months ended Sept. 30, 2022, and approx.
  • JPY3 billion in pension liabilities during the three months ended Dec. 31, 2022.