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FRONTEO Inc (2158.T)

2158.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Fronteo Q2 loss per share $0.14
Monday, 14 Nov 2016 08:00am EST 

Fronteo Inc <2158.T>: Q2 loss per share $0.14 . Fronteo, inc. reports unaudited second quarter fiscal year 2017 financial results .Q2 sales JPY 2.445 billion versus JPY 2.695 billion.  Full Article

FRONTEO to issue convertible bonds and to raise totally 2.5 bln yen
Monday, 14 Nov 2016 02:09am EST 

FRONTEO Inc <2158.T>: Says it to issue second series unsecured convertible bonds with warrants via private placement and to raise totally 2.5 billion yen . Says conversion price of 813 yen .Says payment date of Dec. 1.  Full Article

UBIC says identified a material weakness in its report on internal controls
Wednesday, 29 Jun 2016 07:50am EDT 

UBIC Inc <2158.T> : Says identified a material weakness requiring disclosure in its report on internal controls for the fiscal year ended march 31, 2016 . Says material weakness indicates that the internal controls related to the company’s financial reporting are not effective . Discovered several errors in the accounting treatment at one of its overseas consolidated subsidiaries, Evd Inc for FY ended Mar 31, 2016 . Received findings from auditors related to several errors in accounting treatment, non-consolidated,consolidated financial statements of co . Unable to complete corrective measures by the end of the fiscal year ended March 31, 2016, due to time constraints. . Says no impact on the non-consolidated and consolidated financial statements for the fiscal year ended March 31, 2016 Source: (http://1.usa.gov/293Dmm1 ) Further company coverage: [2158.T] (Bengaluru Newsroom: +1 646 223 8780).  Full Article

UBIC says merger between units
Tuesday, 21 Jun 2016 02:00am EDT 

UBIC Inc <2158.T>: Says unit EvD, Inc (EvD) to merge unit UBIC North America, Inc (UNA) and unit TechLaw Solutions, Inc (TLS) . Says UNA to be dissolved after merger . Says TLS to be subsidiary of EvD .Says EvD abd UNA engaged in e-discovery business.  Full Article

BRIEF-UBIC Inc to change name to FRONTEO
Wednesday, 1 Jun 2016 04:06am EDT 

Corrects company name in headline to FRONTEO from FRONTE in story published on May 26.UBIC Inc <2158.T>: Says to change its company name to FRONTEO Inc .Says the change planned effective on July 1.  Full Article

UBIC says merger between units
Thursday, 26 May 2016 02:15am EDT 

UBIC Inc <2158.T>: Says its unit EvD, Inc. to merge two units UBIC North America, Inc. and TechLaw Solutions, Inc. . Says the three units are engaged in e-discovery business and based in U.S . Says UBIC North America, Inc. and TechLaw Solutions, Inc. to be dissolved after merger .Says the merger planned effective on July 1.  Full Article

UBIC to change name to FRONTE
Thursday, 26 May 2016 02:10am EDT 

UBIC Inc <2158.T>: Says it to change its company name to FRONTEO, Inc .Says the change planned effective on July 1.  Full Article

Ubic Inc Q4 earnings per share JPY 0.00
Monday, 16 May 2016 08:00am EDT 

Ubic Inc <2158.T> : Ubic, inc. Reports unaudited full fiscal year 2016 financial results .Q4 earnings per share jpy 0.00.  Full Article

UBIC revises consolidated full-year outlook for FY 2016
Monday, 15 Feb 2016 01:30am EST 

UBIC Inc:Says the company raised the consolidated full-year outlook for revenue to 10,500 million yen from 10,300 million yen for FY ending March 2016.Sees a decrease of operating profit forecast to 240 million yen from 600 million yen.Sees a decrease of ordinary profit forecast to 230 million yen from 500 million yen.Sees a decrease of net profit forecast to -50 million yen from 30 million yen.Sees a decrease of earnings per share to -0.14 yen from 0.85 yen.Comments the acquiring new company and increased costs due to organizational restructuring of U.S subsidiaries are the main reasons for the forecast.  Full Article

UBIC amends consolidated full-year outlook for FY 2016
Friday, 13 Nov 2015 02:00am EST 

UBIC Inc:Says the company amended the consolidated full-year outlook for the FY ending March 2016.Revenue forecast increased to 10,300 million yen from 8,000 million yen.Confirmed the operating profit forecast at 600 million yen.Confirmed the ordinary profit forecast at 500 million yen.Net profit forecast decreased to 30 million yen from 350 million yen.Earnings per share decreased to 0.85 yen from 10.01 yen.Comments that completion of stake acquisition and increased expense are the main reasons for the forecast.  Full Article

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BRIEF-FRONTEO to raise stake in healthcare unit to 99.3 pct from 89.2 pct

* Says the co will invest 500 mln yen in its Tokyo-based healthcare unit to raise stake to 99.3 percent from 89.2 percent