Key Developments: Tetsujin Inc (2404.T)
99,400JPY
2:00am EDT
¥-19,000 (-16.05%)
¥89,200
¥112,400
¥112,400
¥98,100
906
82
¥134,200
¥69,000
Latest Key Developments (Source: Significant Developments)
TETSUJIN Inc Announces Stock Split and Partial Change to Article of Incorporation of Authorized Share Number; Amends Year-end Dividend Forecast for FY 2013
TETSUJIN Inc announced that it has decided to split one share of its stock into 200 shares, effective June 18, 2013. After the stock split, the total share outstanding will become 6,687,200 shares. The Company has received approval from the shareholders meeting to make partial change to its article of incorporation, effective June 18, 2013. Based on change to article five, the Company will change total number of authorized shares from 118,560 shares to 23,712,000 shares. As a result, the Company has amended its year-end dividend forecast from JPY 1500 per share to JPY 7.50 per share, for the fiscal year ending August 2013. Full Article
TETSUJIN Inc to Pay Mid-term Dividend for FY 2013
TETSUJIN Inc announced that it will pay a mid-term dividend of JPY 1,500 per share (JPY 46,579,500 in total), in line with the latest dividend forecast of JPY 1,500 per share, to all the shareholders as a record of February 28, 2013, effective May 13, 2013. Full Article
TETSUJIN Inc Lowers Full-year Consolidated Outlook for FY 2013
TETSUJIN Inc announced that it has lowered its full-year consolidated outlook for revenue from JPY 10,504 million to JPY 10,041 million, operating profit from JPY 575 million to JPY 422 million, ordinary profit from JPY 458 million to JPY 363 million, net profit from JPY 176 million to JPY 116 million, and earnings per share from JPY 5,712.97 to JPY 3,760.00, for the fiscal year ending August 31, 2013. The Company lowered its full-year consolidated outlook mainly due to the influence by estimated sales of karaoke room business. Full Article
TETSUJIN Inc's Subsidiary to Increase Capital in South Korea-based Company
TETSUJIN Inc announced that it's subsidiary, an investment firm, has decided to increase the capital in a South Korea-based company, CHEOLIN KOREA Inc., which is engaged in restaurant and Kara OK operation, on January 31, 2013. After this, the CHEOLIN KOREA Inc. will become a sub-subsidiary of the Company. Full Article
TETSUJIN Inc Announces Changes in Specified Subsidiary
TETSUJIN Inc announced that it has invested KRW 3,000 million and acquired a 99.93% stake in a South Korea-based fund, which is engaged in investment in company securities, on January 15, 2013. As a result, the fund became a 99.93%-owned specified subsidiary of the Company. Full Article
TETSUJIN Inc Completes Establishment of Subsidiary
TETSUJIN Inc announced that it has completed to establish a wholly owned subsidiary, TETSUJIN USA Inc., which will be engaged in operation of karaoke stores and restaurants, on December 4, 2012. Full Article
TETSUJIN Inc Raises Year-end Dividend Forecast for FY 2012
TETSUJIN Inc announced that it has raised its year-end dividend forecast from JPY 1,250.00 per share to JPY 1,750.00 per share, for the fiscal year ended August 2012. Full Article
TETSUJIN Inc Announces Extraordinary Loss for FY 2012
TETSUJIN Inc announced that it will record a JPY 140,880,000 extraordinary loss on the impairment of fixed assets, for the fiscal year ended August 2012. Full Article
TETSUJIN Inc. Completes Share Repurchase Plan
TETSUJIN Inc. announced that it has completed it share repurchase plan announced on July 10, 2012, to repurchase up to JPY 130 million or up to 1,000 shares of its common stock, or approximately 3.15% of its total shares outstanding. The Company repurchased 1,000 shares of its common stock for JPY 95,816,600 in total, during the period from July 17, 2012 to August 8, 2012. Full Article
TETSUJIN Inc. to Repurchase Shares
TETSUJIN Inc. announced that it will repurchase up to JPY 130 million or up to 1,000 shares of its common stock, or approximately 3.15% of its total shares outstanding. The share repurchase will be conducted during the period from July 17, 2012 to November 12, 2012. Full Article
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