Key Developments: Yume No Machi Souzou Iinkai Co Ltd (2484.OS)
670JPY
17 May 2013
¥24 (+3.72%)
¥581
¥656
¥705
¥640
64,300
76,948
¥1,410
¥315
Latest Key Developments (Source: Significant Developments)
YUME NO MACHI SOUZOU IINKAI CO LTD to Sell Subsidiary
YUME NO MACHI SOUZOU IINKAI CO LTD announced that it has decided to sell a 100% stake in its Beijing-based subsidiary, which engages in the operation of catering portal site, to a Beijing-based company, effective October 1, 2013. The financial terms are not determined. Full Article
YUME NO MACHI SOUZOU IINKAI CO LTD to Acquire Kagoshima-based Company
YUME NO MACHI SOUZOU IINKAI CO LTD announced that it will acquire 160 shares of a Kagoshima-based company, which engages in the telemarketing business, for JPY 780 million in total, effective May 17, 2013. As a result, the Company will hold a 100% stake in the Kagoshima-based company. Full Article
YUME NO MACHI SOUZOU IINKAI CO LTD Announces Business and Capital Alliance with Japan Food Delivery Co.,Ltd.
YUME NO MACHI SOUZOU IINKAI CO LTD announced that it has formed a business and capital alliance with Japan Food Delivery Co.,Ltd. Through the business alliance, the two companies will work together on the development of marketing routine and new customers, the sharing of network and operation know-how, the construction of business model as well as the sharing of human resources. Through the capital alliance, the Company will acquire 380 shares of Japan Food Delivery for JPY 75,000 per share of JPY 28,500,000 in total, through a private placement, effective March 1, 2013. Full Article
YUME NO MACHI SOUZOU IINKAI CO LTD Lowers Consolidated Full-year Guidance for FY 2013
YUME NO MACHI SOUZOU IINKAI CO LTD announced that it has lowered the consolidated full-year forecast for revenue from JPY 1,560 million to JPY 1,455 million, operating profit from JPY 211 million to JPY 177 million, ordinary profit from JPY 212 million to JPY 178 million, net profit from JPY 88 million to JPY 47 million and earning per share from JPY 1,704.30 to JPY 902.17 for the fiscal year ending August 31, 2013. The Company lowered the consolidated full-year outlook due to record of extraordinary loss. Full Article
YUME NO MACHI SOUZOU IINKAI CO LTD Announces Officer Changes
YUME NO MACHI SOUZOU IINKAI CO LTD announced that it has appointed Rie Nakamura, who is the current Chairman of the Board of the Company, as the new President replacing Toru Yoshida, effective November 27, 2012. Full Article
YUME NO MACHI SOUZOU IINKAI CO LTD to Pay Dividend; Announces Stock Split and Partial Change to Article of Incorporation of Authorized Share Number
YUME NO MACHI SOUZOU IINKAI CO LTD announced that it has decided to pay a dividend of JPY 700.00 per share (JPY 36,383,000 in total), in line with the latest dividend forecast of JPY 700.00 per share, to all the shareholders as a record of August 31, 2012, effective November 28, 2012. The Company also announced that it has decided to split one share of its stock into 100 shares, effective March 1, 2013. After the stock split, the total share outstanding will become 5,548,800. The Company has received approval from the shareholders meeting to make partial change to its article of incorporation. Based on change to article six, the Company will increase total number of authorized shares from 180,000 shares to 18,000,000 shares, effective October 12, 2012. Full Article
YUME NO MACHI SOUZOU IINKAI CO LTD Issues Full-year Consolidated Outlook and Lowers Year-end Dividend Forecast for FY 2012
YUME NO MACHI SOUZOU IINKAI CO LTD announced that it has issued its full-year consolidated outlook for revenue of JPY 1,360 million, operating profit of JPY 211 million, ordinary profit of JPY 221 million, net profit of JPY 115 million, and earnings per share of JPY 2,227.97, for the fiscal year ended August 31, 2012. The Company also has lowered its year-end dividend forecast from JPY 1,000.00 per share, which was announced on October 14, 2011, to JPY 700.00 per share, for the same fiscal year. Full Article
Yume no Machi Souzou Iinkai Co., Ltd. Establishes Subsidiary in Korea
Yume no Machi Souzou Iinkai Co., Ltd. announced that it has established a wholly owned subsidiary, which is engaged in operation of applications and websites in Korea, on July 2, 2012. Full Article
FUJI SOFT INCORPORATED to Acquire Shares of Yume no Machi Souzou Iinkai Co., Ltd.
FUJI SOFT INCORPORATED announced that it has decided to acquire 3,400 shares(6.17% stake) of Yume no Machi Souzou Iinkai Co., Ltd., on October 28, 2011. Full Article
Earnings vs. 
Estimates
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
