Key Developments: Cassina Ixc. Ltd (2777.T)

2777.T on Tokyo Stock Exchange

875JPY
21 Aug 2014
Price Change (% chg)

¥26 (+3.06%)
Prev Close
¥849
Open
¥835
Day's High
¥901
Day's Low
¥829
Volume
24,800
Avg. Vol
13,753
52-wk High
¥1,025
52-wk Low
¥522

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Latest Key Developments (Source: Significant Developments)

Cassina Ixc. Ltd to acquire company
1:00am EDT 

Cassina Ixc. Ltd:To acquire 8,000 shares (100 pct stake) of a Tokyo-based company LMD KK. from Lmd International for 5.578 million yen on Sep. 1.  Full Article

Cassina Ixc. Ltd issues consolidated full-year outlook and affirms year-end dividend forecast for FY 2014
1:00am EDT 

Cassina Ixc. Ltd:Sees full-year revenue to be 7,600 million yen for FY ending Dec. 31, 2014.Sees full-year operating profit of 440 million yen.Sees full-year ordinary profit of 450 million yen.Sees full-year net profit of 420 million yen.Sees full-year earnings per share of 110.69 yen.Affirms year-end dividend forecast of 20 yen per share for FY ending Dec. 31, 2014.  Full Article

Cassina Ixc. Ltd raises consolidated mid-year outlook for FY 2014
Wednesday, 30 Jul 2014 09:00pm EDT 

Cassina Ixc. Ltd:Says the company increased the consolidated mid-year outlook for revenue to 3,640 million yen from 3,400 million yen for FY ending Dec. 2014.Operating profit forecast increased to 330 million yen from 200 million yen.Ordinary profit forecast increased to 345 million yen from 190 million yen.Net profit forecast increased to 328 million yen from 178 million yen.Earnings per share increased to 86.70 yen from 46.91 yen.Comments the sales increase and cost reduction are the main reasons for the forecast.  Full Article

Cassina Ixc. Ltd expects extraordinary loss for FY 2014
Wednesday, 30 Jul 2014 09:00pm EDT 

Cassina Ixc. Ltd:Expects extraordinary loss of 138 million yen as loss from dissolution of employee's pension fund for FY ending Dec. 2014.  Full Article

Cassina Ixc. Ltd to acquire LAMBDA Motionpictures and Device from subsidiary of KOKUYO
Monday, 23 Jun 2014 02:00am EDT 

Cassina Ixc. Ltd:To acquire 8,000 shares (100 pct stake) of LAMBDA Motionpictures and Device, sub-subsidiary of KOKUYO, from subsidiary of KOKUYO on Sep. 1.Acquisition price not decided.  Full Article

Cassina Ixc. Ltd to Split Stock; Announces Partial Change to Article of Incorporation of Authorized Share Number; Lowers Year-end Dividend Forecast for FY 2013
Wednesday, 15 May 2013 10:30pm EDT 

Cassina Ixc. Ltd announced that it has decided to split one share of its common stock into 10 shares, effective July 1, 2013. After the stock splitting, the total share outstanding will become 4,091,100. 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 1,305,000 shares to 13,050,000 shares. The Company has lowered the year-end dividend forecast from JPY 200 per share to JPY 20 per share for the fiscal year ending December 2013.  Full Article

Cassina Ixc. Ltd Announces Changes in Shareholding Structure
Monday, 1 Apr 2013 04:00am EDT 

Cassina Ixc. Ltd announced that its second largest shareholder has been merged with another Japan-based company on April 1, 2013. Therefore, the second largest shareholder has decreased its stake in the Company from a 12.64% stake (5,174 voting rights) to 0% stake, and the Japan-based company has increased its stake in the Company from a 33.32% stake (13,634 voting rights) to a 45.97 % stake (18,808 voting rights), effective April 1, 2013.  Full Article

Cassina Ixc. Ltd Lowers Year-end Dividend Forecast for FY 2012
Wednesday, 13 Feb 2013 09:30pm EST 

Cassina Ixc. Ltd announced that it has lowered its year-end dividend forecast from JPY 150.00 per share announced on February 15, 2012, to JPY 100.00 per share, for the fiscal year ended December 2012.  Full Article

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