Key Developments: GCA Savvian Corp (2174.T)
1,111JPY
2:00am EDT
¥53 (+5.01%)
¥1,295
¥1,082
¥1,149
¥1,052
198,100
153,338
¥1,460
¥541
Latest Key Developments (Source: Significant Developments)
GCA Savvian Group Corp to Issue Year-end Dividend for FY 2012
GCA Savvian Group Corp announced that it has decided to issue a year-end dividend payment of JPY 1,500 per share (JPY 399 million in total), in line with its latest dividend forecast of JPY 1,500 per share announced on February 4, 2013, to all its shareholders as a record of December 31, 2012. The dividend will be paid on March 13, 2013. Full Article
GCA Savvian Group Corp Raises Consolidated Full-year Outlook and Year-end Dividend Forecast for FY 2012
GCA Savvian Group Corp announced that it has raised its consolidated full-year outlook for revenue from JPY 10,500 million to JPY 10,813 million, operating profit from JPY 2,550 million to JPY 2,746 million, ordinary profit from JPY 2,564 million to JPY 2,795 million and net profit from JPY 1,040 million to JPY 1,259 million, for the fiscal year ended December 2012. The Company raised the outlook due to the increased sales and the cost reduction, among others. The Company has also raised its year-end dividend forecast from JPY 1,000 per share announced on September 27, 2012, to JPY 1,500 per share, for the fiscal year ended December 2012. Full Article
GCA Savvian Group Corp to Change Company Name
GCA Savvian Group Corp announced that it will change its company name to GCA Savvian Corporation, effective April 1, 2013. Full Article
GCA Savvian Group Corporation's Subsidiary to Cancel Business Alliance with Kotak Investment Banking
GCA Savvian Group Corporation announced that its subsidiary, GCA Savvian CORP., has decided to cancel the business alliance with Kotak Investment Banking, which is an India-based investment bank, on the provision of advisory service for merger and acquisition business between Indian company and Japanese company. Full Article
GCA Savvian Group Corp Completes Share Repurchase
GCA Savvian Group Corp announced that it has completed the share repurchase disclosed on December 4, 2012. The Company has repurchased 20,000 shares (6.98% stake) of its common stock, at the price of JPY 2,000,000,000 in total, on December 5, 2012. Full Article
GCA Savvian Group Corp Repurchases Shares
GCA Savvian Group Corp announced that it has decided to repurchase 20,000 shares (6.98% stake) of its common stock, at the price of JPY 100,000 per share, or for JPY 2,000,000,000 in total, on December 5, 2012. Full Article
GCA Savvian Group Corp Announces Partial Change to Article of Incorporation of Authorized Share Number
GCA Savvian Group Corp announced that it has received approval from the shareholders meeting to make partial change to its article of incorporation on November 29, 2012. Based on change to article six, the Company will change total number of authorized shares from 1,344,876 shares to 114,599,200 shares, effective January 1, 2013. Full Article
GCA Savvian Group Corp Announces Merger between Subsidiary and Sub-subsidiary; Announces Merger with Subsidiary
GCA Savvian Group Corp announced that its wholly owned subsidiary GCA Holdings Corporation will merge with GCA Holdings' wholly owned subsidiary GCA Savvian Corporation, on December 31, 2012. The two companies are both engaged in advisory business in Tokyo, Japan. After the transaction, GCA Savvian will be dissolved and GCA Holdings will be the surviving company and be merged with the Company, effective December 31, 2012. As a result, the Company will be the surviving company and GCA Holdings will be dissolved. Full Article
GCA Savvian Group Corp Raises Full-year Consolidated Outlook and Reaffirms Year-end Dividend Forecast for FY 2012
GCA Savvian Group Corp announced that it has raised its full-year consolidated outlook for revenue from JPY 9,900 million to JPY 10,500 million, operating profit from JPY 2,430 million to JPY 2,550 million, ordinary profit from JPY 2,444 million to JPY 2,564 million, net profit from JPY 700 million to JPY 1,040 million, for the fiscal year ending December 31, 2012. The Company raised its full-year consolidated outlook mainly due to the increase in merger and acquisition (M&A) cases. According to I/B/E/S Estimates, analysts on average are expecting the Company to report its full-year consolidated outlook for revenue of JPY 11,700 million, operating profit of JPY 3,700 million and net profit of JPY 1,400 million, for the same fiscal year. The Company also has reaffirmed its year-end dividend forecast of JPY 2,500 per share, for the same fiscal year. Full Article
GCA Savvian Group Corp Announces Partial Change to Article of Incorporation of Authorized Share Number
GCA Savvian Group Corp announced that it has received approval from the shareholders meeting to make partial change to its article of incorporation on October 30, 2012. Based on change to article six, the Company will change total number of authorized shares from 1,344,876 shares to 134,487,600 shares, effective January 1, 2013. Full Article
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