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Premium Water Holdings Inc (2588.T)

2588.T on Tokyo Stock Exchange

560JPY
28 Apr 2017
Change (% chg)

¥2 (+0.36%)
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¥558
Open
¥558
Day's High
¥560
Day's Low
¥558
Volume
200
Avg. Vol
8,546
52-wk High
¥650
52-wk Low
¥455

Latest Key Developments (Source: Significant Developments)

Premium Water Holdings signs loan contract with commitment line worth 2 bln yen
Friday, 31 Mar 2017 02:00am EDT 

Premium Water Holdings Inc <2588.T>: Says it signed loan contract with commitment line worth 2 billion yen . Says commitment period from March 31, 2017 to March 30, 2018 .Says the proceeds to be used to fund working capital.  Full Article

Premium Water Holdings says merger between units
Thursday, 9 Feb 2017 01:00am EST 

Premium Water Holdings Inc <2588.T>: Says a Yamanashi-based unit that engaged in manufacture and sale of natural mineral water, to merge a Tokyo-based unit that engaged in sale of natural mineral water . Says the Tokyo-based unit to be dissolved after merger .Says the merger will effective on April 1.  Full Article

Water Direct to acquire FLC via stock swap; announces transition to holding company structure
Friday, 15 Apr 2016 05:20am EDT 

Water Direct Corp:Water Direct Corp to fully acquire FLC inc. through stock swap, with effective on July 1.One share of FLC's common stock will be exchanged with 530 shares of Water Direct Corp's stock.One share of FLC's preferred stock will be exchanged with 0.5 bond of Water Direct Corp's 5th series corporation bonds.13,664,460 shares of Water Direct Corp's stock will be exchanged.To set up a wholly-owned subsidiary based in Tokyo as the successor preparatory company on April 18.To transfer its water delivery service business to the new subsidiary and restructure itself into holding company, effective July 1.To change its English name to Premium Water Holdings, Inc effective July 1.  Full Article

Water Direct announces change of president and CFO
Friday, 15 Apr 2016 05:20am EDT 

Water Direct Corp:Appoints Yohei Hagio as new president to replace Norito Higuchi.Appoints Hideaki Nagano as chief financial officer (CFO).Changes to occur on June 25.  Full Article

Water Direct amends consolidated full-year outlook for FY 2016
Thursday, 12 Nov 2015 04:35am EST 

Water Direct Corp:Says the company increased the consolidated full-year outlook for revenue to 13,000 mln yen from 12,500 mln yen, for the fiscal year ending March 31, 2016.Operating profit forecast increased to a loss of 200 mln yen from 150 mln yen.Ordinary profit forecast increased to a loss of 250 mln yen from 100 mln yen.Net profit forecast increased to a loss of 185 mln yen from 20 mln yen.Earnings per share increased to a loss of 22.76 yen from 2.46 yen.Says revenue outlook raised due to the increased customer volume, profit outlook lowered due to the increased costs.  Full Article

Water Direct sells properties and expects extraordinary profit for Q2 of FY 2016
Thursday, 12 Nov 2015 04:35am EST 

Water Direct Corp:Sold four plots of land at price of 176 mln yen in total on Aug. 31.Says it expects an extraordinary profit of 74 million yen recorded as gain on sale of properties for Q2 of the fiscal year ending March 2016.  Full Article

Water Direct announces change of president and chairman
Monday, 18 May 2015 05:40am EDT 

Water Direct Corp:Appoints Norito Higuchi as president to succeed Tsutomu Ikuma.Says Kazutaka Muraguchi will no longer serve as chairman of the board.Effective June 24.  Full Article

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