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Fasteps Co Ltd (2338.T)

2338.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Fasteps subsidiary to transfer stake in Life Planning Co. Ltd.; revises consolidated full-year outlook for FY 2016
Monday, 15 Feb 2016 01:30am EST 

Fasteps Co.,Ltd:Subsidiary TM Planning Co., Ltd. to transfer 400 shares (100 pct stake) of Life Planning Co. Ltd. to Earth Inc at 400 yen on Feb. 29.Says the company raised the consolidated full-year outlook for revenue to 9,200 million yen from 7,300 million yen for FY ending Feb. 2016.Sees a decrease of operating profit forecast to 140 million yen from 170 million yen.Sees a decrease of ordinary profit forecast to -10 million yen from 160 million yen.Sees a decrease of net profit forecast to 5 million yen from 100 million yen.Sees a decrease of earnings per share to 2.99 yen from 29.91 yen.Comments the increased orders and transfer of sub-subsidiary are the main reasons for the forecast.  Full Article

Fasteps to acquire M&K Co., Ltd and Plurecil Holdings Limited
Thursday, 15 Oct 2015 02:00am EDT 

Fasteps Co.,Ltd:To acquire 743 shares (100 pct stake) of M&K Co., Ltd and 100 pct stake in Plurecil Holdings Limited at 1,504 million yen in total from two individuals on Nov. 1.  Full Article

Fasteps raises consolidated mid-year outlook for FY 2016
Thursday, 1 Oct 2015 03:20am EDT 

Fasteps Co.,Ltd:Says the company raised the consolidated mid-year outlook for the FY ending Feb. 2016.Revenue forecast increased to 4,790 million yen from 4,100 million yen.Operating profit forecast increased to 250 million yen from 150 million yen.Ordinary profit forecast increased to 260 million yen from 150 million yen.Net profit forecast increased to 60 million yen from 40 million yen.Earnings per share forecast increased to 17.95 yen from 11.96 yen.Comments that increased orders is the main reason for the forecast.  Full Article

Fasteps raises consolidated mid-year and full-year outlook for FY 2016
Friday, 10 Jul 2015 02:00am EDT 

Fasteps Co.,Ltd:Says the company raised the consolidated mid-year outlook for the FY ending Feb. 2016.Revenue forecast increased to 4,100 million yen from 3,100 million yen.Operating profit forecast increased to 150 million yen from 30 million yen.Ordinary profit forecast increased to 150 million yen from 30 million yen.Net profit forecast increased to 40 million yen from 20 million yen.Earnings per share forecast increased to 11.96 yen from 5.98 yen.Says the company raised the consolidated full-year outlook for the FY ending Feb. 2016.Revenue forecast increased to 7,300 million yen from 6,300 million yen.Operating profit forecast increased to 170 million yen from 130 million yen.Ordinary profit forecast increased to 160 million yen from 120 million yen.Net profit forecast at 100 million yen.Earnings per share forecast at 29.91 yen.Comments that increased orders is the main reason for the forecast.  Full Article

Fasteps to list on TSE second section
Wednesday, 24 Jun 2015 03:30am EDT 

Fasteps Co.,Ltd:To list on Tokyo Stock Exchange second section from TSE Mothers market.Effective July 1.  Full Article

Fasteps announces change of main shareholder
Friday, 24 Apr 2015 06:40am EDT 

Fasteps Co.,Ltd:Says a Hokkaido-based company sold 461,000 shares of the company through private placement to a Tokyo-based company at price of 175,180,000 yen in total on April 20.Says the Hokkaido-based company decreased voting rights in the company to 0 pct from 13.9 pct (461,000 shares).Says the Tokyo-based company increased voting rights in the company to 13.9 pct (461,000 shares) from 0 pct.  Full Article

Fasteps expects extraordinary loss for Q4 of FY 2015
Friday, 10 Apr 2015 05:40am EDT 

Fasteps Co.,Ltd:Says it expects an extraordinary loss of 266 million yen for Q4 of FY ended Feb. 2015.Says the loss is recorded for the impairment loss.  Full Article

Fasteps completes to set up subsidiary
Thursday, 15 Jan 2015 01:45am EST 

Fasteps Co.,Ltd:Completed to establish a wholly owned subsidiary based in Tokyo on Jan. 15.New subsidiary is engaged in call center business and extended warranty service business.New subsidiary is capitalized at 30 million yen.Plan disclosed on Dec. 15, 2014.  Full Article

Fasteps announces uncollectible receivables
Friday, 9 Jan 2015 03:30am EST 

Fasteps Co.,Ltd:Says concern of uncollectible receivables of 192 mln yen in total (including accounts receivable of 58 mln yen and long term debt of 134 mln yen) from Tokyo-based company Genesis Inc. and Tokyo-based company MSA Holdings Inc.  Full Article

Fasteps amends consolidated full-year outlook for FY 2015
Friday, 9 Jan 2015 03:30am EST 

Fasteps Co.,Ltd:Says the company amended the consolidated full-year outlook for the FY ending March 2015.Revenue forecast increased to 8,100 million yen from 7,500 million yen.Operating profit forecast decreased to 60 million yen from 110 million yen.Ordinary profit forecast decreased to a loss of 60 million yen from 130 million yen.Net profit forecast decreased to a loss of 180 million yen from 40 million yen.Earnings per share decreased to a loss of 54.47 yen from 14.06 yen.Comments that change in fiscal period of subsidiary, allowance for doubtful accounts and impairment loss are the main reasons for the forecast.  Full Article