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Watts Co Ltd (2735.T)

2735.T on Tokyo Stock Exchange

29 Mar 2017
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¥46 (+3.50%)
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Latest Key Developments (Source: Significant Developments)

Watts sets up JV Hilmer Japan Co., Ltd.
Wednesday, 13 Jul 2016 02:39am EDT 

Watts Co Ltd <2735.T>: Says it set up a JV, named Hilmer Japan Co., Ltd., with a Denmark-based company DenSøstrene Grenes Import A/S and a Japan-based company MOTOBAYASHI Co.,LTD . Says the JV is engaged in the operation of general store "Søstrene Grene" .Says the company is holding 55 percent stake in the JV.  Full Article

Watts announces reorganization between subsidiaries
Monday, 18 Apr 2016 02:30am EDT 

Watts Co Ltd:Says wholly owned Osaka-based subsidiary to transfer its business in West Japan to a wholly owned Okayama-based subsidiary planned on Sep. 1.Says the wholly owned Osaka-based subsidiary to merge a wholly owned Hokkaido-based subsidiary planned on Sep. 1 and the Hokkaido-based subsidiary to be dissolved after merger.Says the three subsidiaries are engaged in wholesale and retail of daily necessities.  Full Article

Watts to set up new unit and plans business transfer to new unit
Monday, 1 Feb 2016 01:30am EST 

Watts Co Ltd:To set up a new wholly owned subsidiary in Osaka, which is engaged in operating of fashion store BuonaVita, in early March.To transfer BV business (operating of fashion store BuonaVita related business) of the co to the newly establishment unit on April 1.  Full Article

Watts raises year-end dividend forecast for FY 2015
Friday, 2 Oct 2015 02:30am EDT 

Watts Co Ltd:Raised the year-end dividend forecast to 17 yen per share from 15 yen per share for the FY ended Aug. 2015.Says the 17 yen per share dividend includes a bonus dividend of 2 yen per share in the commemoration of its 20th anniversary of foundation.  Full Article

Watts lowers consolidated full-year outlook for FY 2015
Friday, 2 Oct 2015 02:30am EDT 

Watts Co Ltd:Says the company lowered the consolidated full-year outlook for the FY ended Aug. 2015.Revenue forecast decreased to 44,462 million yen from 45,300 million yen.Operating profit forecast decreased to 1,257 million yen from 1,790 million yen.Ordinary profit forecast decreased to 1,263 million yen from 1,800 million yen.Net profit forecast decreased to 700 million yen from 1,040 million yen.Earnings per share decreased to 51.73 yen from 76.76 yen.FY 2015 revenues of 45.30 billion yen, net income of 1.04 billion yen – Thomson Reuters I/B/E/S.Comments that decreased sales and increased costs are the main reasons for the forecast.  Full Article

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