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Persol Holdings Co Ltd (2181.T)

2181.T on Tokyo Stock Exchange

2,542JPY
26 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Temp Holdings and Kelly Services to expand existing joint venture in Asia Pacific
Thursday, 7 Apr 2016 07:50pm EDT 

Temp Holdings Co Ltd:Announces an agreement to expand their existing North Asia joint venture, TS Kelly Workforce Solutions (formed in 2012), to cover units of the two entities' of Asia and the Pacific.The new joint venture, TS Kelly Asia Pacific, will be headquartered in Singapore and is expected to be the largest workforce solutions company in the Asia Pacific region.Temp Holdings will continue to own 51 percent of the expanded JV, with Kelly Services holds the remaining 49 percent.And in order to make it happen, Temp Holdings to buy 67,690,845 shares in Kelly Services (Singapore) Pte. Ltd. which is JV after the commencement of joint venture business for $119 million (with actual cash payment amount of $36 million).Says the agreement to be signed on April 11 and the whole joint venture business expected to be commenced in between mid-May and early July.  Full Article

Temp Holdings raises consolidated mid-year and full-year outlook for FY 2016
Friday, 6 Nov 2015 01:30am EST 

Temp Holdings Co Ltd:Says the company raised the consolidated mid-year outlook for the FY ending March 2016.Revenue forecast increased to 246,100 million yen from 240,000 million yen.Operating profit forecast increased to 13,200 million yen from 10,000 million yen.Ordinary profit forecast increased to 13,300 million yen from 10,100 million yen.Net profit forecast increased to 8,000 million yen from 5,880 million yen.Earnings per share forecast increased to 36.00 yen from 26.19 yen.Says the company raised the consolidated full-year outlook for the FY ending March 2016.Revenue forecast increased to 515,000 million yen from 500,000 million yen.Operating profit forecast with unchanged 26,000 million yen.Ordinary profit forecast with unchanged 26,200 million yen.Net profit forecast increased with unchanged 15,250 million yen.Earnings per share forecast with unchanged 66.60 yen.Comments that increased demand and decreased cost are the main reasons for the forecast.  Full Article

Deals of the day-Mergers and acquisitions

July 14 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday: