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Outsourcing Inc (2427.T)

2427.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Outsourcing to buy U.S-based firm for 8,142 mln yen
Wednesday, 3 Aug 2016 11:23pm EDT 

Outsourcing Inc <2427.T>: Says it to acquire a U.S-based firm that engaged in contractors of heating and cooling, other machinery and electrical work, as well as repair and sale of heating and cooling equipment, other mechanical and electrical products, from two individuals . Says transaction price is 8,142 million yen (inclusing expense) .Says effectivce date on April 1, 2017.  Full Article

Outsourcing unit to buy stake in UK-based firms for 12.46 bln yen
Monday, 1 Aug 2016 11:54am EDT 

Outsourcing Inc <2427.T>: Says its unit OUTSOURCING UK Limited to buy 65 percent voting rights in ALL Holdco 2016 Limited, 32.5 percent voting rights in Allen Lane Consultancy Limited and 100 percent voting rights in Liberata UK Limited on Aug. 1 .Says transaction price 12.46 billion yen in total (including expense).  Full Article

Outsourcing to buy Recruit Factory Partners for 2,469 mln yen
Monday, 11 Jul 2016 02:00am EDT 

Outsourcing Inc <2427.T>: Says it to buy Japan-based co Recruit Factory Partners Co., Ltd. from Recruit Holdings Co.,Ltd on Aug. 5 .Says transaction price 2,469 million yen (including advisory expense).  Full Article

OUTSOURCING to buy Malaysia firm SYMPHONY HRS SDN. BHD
Thursday, 28 Apr 2016 02:30am EDT 

OUTSOURCING Inc:To buy 60 pct stake in Malaysia firm SYMPHONY HRS SDN. BHD, from HR GROUP MANAGEMENT LTD, on April 28.Price of 1,635 mln yen in total.  Full Article

OUTSOURCING rises FY 2016 consolidated full-year outlook for revenue
Thursday, 28 Apr 2016 02:30am EDT 

OUTSOURCING Inc:Rises consolidated full-year outlook for revenue to 134 bln yen from 110 bln yen, for FY ending Dec. 2016.Other date unchanged.  Full Article

OUTSOURCING to acquire shares in Hamsard 3393 Limited and Hamsard 3394 Limited
Friday, 1 Apr 2016 05:55am EDT 

OUTSOURCING Inc:To acquire 21,029,664 shares (90.5 pct stake) in Hamsard 3393 Limited and to acquire 1,000,001 shares (51.0 pct stake) in Hamsard 3394 Limited, from London-based firm Squire Patton Boggs (Directors) Limited, on April 1.Transaction amount is about 3,581 million yen in total.J.B.W. GROUP LIMITED, as the wholly owned subsidiary of Hamsard 3393 Limited and CASE DYNAMICS LIMITED, as the wholly owned subsidiary of Hamsard 3394 Limited, will also be the wholly owned sub-subsidiaries due to the transaction.  Full Article

OUTSOURCING to acquire Australia-based companies
Thursday, 31 Mar 2016 08:15pm EDT 

OUTSOURCING Inc:Says to acquire about 80 pct stake or interests in five companies and four trusts of Beddison Group, from Beddison International Unit Trust and Painshawfield Estate Pty Ltd, on April 1.Says the targets are Hoban Recruitment Pty Ltd, Hoban Recruitment Unit Trust, Luxxe Outsourced Hotel Services Pty Ltd, Luxxe Outsourced Hotel Services Unit Trust, The Beddison Group Pty Ltd, Clicks Recruit (Australia) Pty Ltd.As well as Clicks Recruit (Australia) Unit Trust, Index Consultants Pty Ltd and Index Consultants Unit Trust, and says Index Consultants Unit Trust wholly owned by Clicks Recruit (Australia) Unit Trust.Says transaction amount for Hoban Recruitment, Hoban Recruitment Unit Trust, Luxxe Outsourced Hotel Services, Luxxe Outsourced Hotel Services Unit Trust, The Beddison Group, Clicks Recruit (Australia) and Clicks Recruit (Australia) Unit Trust is 3,856 mln yen (including expense).  Full Article

OUTSOURCING to adopt International Financial Reporting Standards
Friday, 12 Feb 2016 02:15am EST 

OUTSOURCING Inc:Says to apply International Financial Reporting Standards (IFRS) as the new accounting method, to replace the current Japanese Accounting Standards.IFRS effective from financial report for Q4 of FY ending Dec. 2016.  Full Article

OUTSOURCING to acquire five companies
Monday, 30 Nov 2015 01:30am EST 

OUTSOURCING Inc:To purchase 6,324 shares of EST EXPROSERVICIOS S.A.To purchase 6,375 shares of EST EXPROTEMPO S.A.To purchase 5,500 shares of EXPROCHILE S.A.To purchase 6,626 shares of EXPROSERVICIOS S.A.To purchase : 5,100 shares of RIVAS Y ASOCIADOS LTDA.Purchasing price will be 759 million yen in all.Effective date Dec. 1.After the transaction, the company will hold 51 pct stakes in the five companies, up from 0 pct, respectively.  Full Article

OUTSOURCING to acquire shares in NHL and NCRL
Tuesday, 25 Aug 2015 03:45am EDT 

OUTSOURCING Inc:To acquire 3,419 shares (65.0 pct stake) in NTRINSIC HOLDINGS LIMITED (NHL) and to acquire 8,125 shares (65.0 pct stake) in NTRINSIC CONSULTING RESOURCES LIMITED (NCRL) and two subsidiaries of NHL, from seven individuals on Aug. 25.Says the transaction amount is 1,241 mln yen in total.To raise stake in NHL and NCRL to 65 pct from 0 pct respectively.  Full Article