Key Developments: Carview Corp (2155.T)

2155.T on Tokyo Stock Exchange

602JPY
10 Jul 2014
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Latest Key Developments (Source: Significant Developments)

Carview Corp expects extraordinary loss for Q3 of FY 2014 and raises full-year consolidated outlook for FY 2014
Monday, 27 Jan 2014 01:00am EST 

Carview Corp:Sees extraordinary loss of 14 million yen caused by office relocation expense of subsidiary CARVIEW KENYA LIMITED, for the third quarter of fiscal year ending Mar. 31, 2014.Sees raised full-year consolidated outlook for fiscal year ending Mar. 31, 2014.Sees full-year revenue of 3,665 million yen raised from 3,660 million yen.Sees full-year operating profit of 470 million yen raised from 360 million yen.Sees full-year ordinary profit of 500 million yen raised from 375 million yen.Sees full-year net profit of 210 million yen raised from 142 million yen.Sees full-year earnings per share of 17.15 yen raised from 11.24 yen.Says outlook raised due to improvement of used car appraisal agency service as well as business appliance with Yahoo Japan.  Full Article

Carview Corp Raises Consolidated Mid-year Forecast for FY 2014
Tuesday, 23 Jul 2013 02:00am EDT 

Carview Corp announced that it has raised the consolidated mid-year forecast for revenue from JPY 1,655 million to JPY 1,772 million, operating profit from JPY 8 million to JPY 91 million, ordinary profit from JPY 8 million to JPY 100 million, net profit (loss) from JPY (90 million) to JPY 13 million and earning (loss) per share from JPY (7.12) to JPY 1.06 for the fiscal year ending March 31, 2014. The Company raised the consolidated mid-year outlook due to expansion of cover area of used car service, as well as improved efficiency of cost using.  Full Article

Carview Corp Completes Share Repurchase
Thursday, 23 May 2013 04:00am EDT 

Carview Corp announced that it has completed the share repurchase plan disclosed on April 25, 2013. The Company has repurchased 2,097 shares of its common stock, for JPY 509,944,900 in total, during the period from May 2, 2013 to May 23, 2013, on Tokyo Stock Exchange.  Full Article

Carview Corp to Repurchase Shares
Wednesday, 24 Apr 2013 09:15pm EDT 

Carview Corp announced that it will repurchase up to 2,550 shares (a 4.0% stake) of its common stock, for up to JPY 510 million in total, during the period from May 2, 2013 to August 30, 2013.  Full Article

Carview Corp Announces Stock Split and Partial Change to Article of Incorporation of Authorized Share Number
Wednesday, 24 Apr 2013 09:15pm EDT 

Carview Corp announced that it has decided to split one share of its stock into 200 shares, effective October 1, 2013. After the stock split, the total share outstanding will become 12,634,000. The Company has received approval from the shareholders meeting to make partial change to its article of incorporation. Based on change to article five, the Company will increase total number of authorized shares from 219,520 shares to 43,904,000 shares.  Full Article

Carview Corp Announces Capital Injection in Subsidiary
Friday, 19 Apr 2013 03:00am EDT 

Carview Corp announced that it has decided to inject KES 25 million in a subsidiary, CARVIEW KENYA LIMITED, in April 2013. As a result, the Company will hold a 99.9% stake in the subsidiary, up from 50%.  Full Article

Carview Corp Forms Business Alliance with Yahoo Japan Corp
Friday, 29 Mar 2013 06:30am EDT 

Carview Corp announced that it has decided to form a business alliance with Yahoo Japan Corp, regarding collaboration in automobile service business. The two companies will jointly operate Carview's new website "carview!" and allocate the profit on sales of advertisement on the website.  Full Article

Carview Corp Expects Extraordinary Losses and Lowers Full-year Consolidated Outlook for FY 2013
Wednesday, 20 Feb 2013 02:00am EST 

Carview Corp announced that it expects the extraordinary loss of JPY 46 million caused by impairment loss on software related to minkara shop business, as well as the extraordinary loss of JPY 377 million caused by loss on sale of fixed assets, for the fiscal year ending March 2013. The Company also announced that it has lowered its full-year consolidated outlook for revenue from JPY 6,000 million to JPY 4,443 million, operating profit from JPY 600 million to JPY 173 million, ordinary profit from JPY 620 million to JPY 195 million, net profit from JPY 320 million to JPY 115 million, and earnings per share from JPY 5,065.70 to JPY 1,823.10, for the fiscal year ending March 2013. The Company lowered its full-year consolidated outlook mainly due to the decrease on advertising and promotion cost for automobile market from customers.  Full Article

Carview Corp Appoints New President
Friday, 18 Jan 2013 02:00am EST 

Carview Corp announced that it has appointed Yutaka Hyodo as the new President of the Company, to replace Masayoshi Ohnishi, effective February 8, 2013.  Full Article

Yahoo Japan Corp Acquires Shares of Carview Corp from Softbank Corp
Friday, 7 Dec 2012 01:10am EST 

Yahoo Japan Corp announced that it has decided to acquire 32,954 shares of Carview Corp from Softbank Corp for JPY 3,006 million, on December 17, 2012. After the transaction, Yahoo Japan will hold a 52.2% stake in Carview, up from 0%. Softbank is no longer holding any stake in Carview.  Full Article

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