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Trust Tech Inc (2154.T)

2154.T on Tokyo Stock Exchange

1,836JPY
2:00am EDT
Change (% chg)

¥54 (+3.03%)
Prev Close
¥1,782
Open
¥1,791
Day's High
¥1,841
Day's Low
¥1,773
Volume
137,800
Avg. Vol
58,445
52-wk High
¥1,890
52-wk Low
¥1,231

Latest Key Developments (Source: Significant Developments)

Trust Tech to fully buy FUSIONi Co., Ltd. for 1.03 bln yen
Friday, 24 Mar 2017 02:13am EDT 

Trust Tech Inc <2154.T>: Says it plans to acquire 100 percent stake in FUSIONi Co., Ltd. for 1.03 billion yen(advisory fee included) . Says effective March 30 .Says it will take out 1 billion yen worth loans, with maturity date on March 29, 2018, to fund acquisition.  Full Article

Trust Tech to set up human resources jv in China
Friday, 19 Aug 2016 02:00am EDT 

Trust Tech Inc <2154.T>: Says it to set up a human resources jv in China with a China-based firm, on Oct. 15 .Says the jv to be capitalized at 3 million yuan and the co to hold 49 percent stake in it.  Full Article

Trust Tech's Hong Kong unit plans subsidiary in Shanghai
Friday, 5 Aug 2016 03:14am EDT 

Trust Tech Inc <2154.T> :Says its Hong Kong-based unit plans to set up a local subsidiary in Shanghai, named as Trust Tech Human Business Consulting Shanghai Inc., which to be engaged in personnel placement business.  Full Article

Trust Tech to buy shares of MTrec for 1,640 to 2,529 mln yen and to take out loan of 1,500 mln yen
Friday, 5 Aug 2016 02:52am EDT 

Trust Tech Inc <2154.T>: Says it to acquire 1,700 shares (85 percent voting rights) of UK-based co MTrec Limited at price of about 1,640 to 2,529 million yen (including expense), from Robin Armstrong and David Musgrave . Says the transaction effective date is Aug. 30 .Says it to take out loan of 1,500 million yen on Aug. 29 and the loan with maturity date on Feb. 28, 2017.  Full Article

Trust Tech to merge unit TRUST IDEAL inc.
Friday, 15 Jul 2016 02:25am EDT 

Trust Tech Inc <2154.T>: Says it will merge a wholly owned unit TRUST IDEAL inc., which is engaged in technical personnel dispatching service, on Oct. 1 .Says the unit will be dissloved after the merger.  Full Article

Trust Tech raises consolidated full-year outlook for FY 2016; to issue mid-year dividend for FY 2016; revises year-end dividend forecast for FY 2016
Thursday, 11 Feb 2016 10:30pm EST 

Trust Tech Inc:Says the company increased the consolidated full-year outlook for revenue to 30,000 million yen from 28,500 million yen for FY ending June 2016.Operating profit forecast increased to 2,500 million yen from 2,300 million yen.Ordinary profit forecast increased to 2,500 million yen from 2,300 million yen.Net profit forecast increased to 1,500 million yen from 1,450 million yen.Earnings per share increased to 77.69 yen from 75.10 yen.Comments the sales increase is the main reason for the forecast.To issue a mid-year dividend of 30 yen per share to all the shareholders of record as of Dec. 31, 2015, for FY ending June 2016.Payment date March 4.Says latest dividend forecast was 30 yen per share.Revised year-end dividend forecast to 25 yen per share from 45 yen per share for FY ending June 2016 due to stock split.  Full Article

Trust Tech to fully acquire Tokyo-based company
Friday, 21 Aug 2015 02:30am EDT 

Trust Tech Inc:To fully acquire 2,000 shares (100 pct voting power) in a Tokyo-based company engaged in technical expert specified dispatching business, from a Hokkaido-based company and the other three shareholders, on Oct. 1.Transaction amount was undisclosed.To raise voting power in the Tokyo-based company to 100 pct from 0 pct.  Full Article

Trust Tech to issue year-end dividend for FY 2015
Friday, 7 Aug 2015 02:00am EDT 

Trust Tech Inc:To issue a year-end dividend of 35 yen per share, for the FY ended June 2015.Dividend issued to shareholders of record as of June 30.Dividend payment date Sep. 8.Says the dividend amount is in line with the latest forecast disclosed on Aug. 8, 2014.  Full Article

Trust Tech to acquire Kariya-based company FREEDOM. and to take out loan
Monday, 29 Jun 2015 05:30am EDT 

Trust Tech Inc:To acquire 300 shares (100 pct stake) of Kariya-based company FREEDOM. at 3,490 million yen from individual on July 1.To take out a loan of 2,300 million yen from Mizuho Bank and Sumitomo Mitsui Banking on July 1.Maturity on June 30, 2016.To use proceeds to acquire FREEDOM.  Full Article

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