Key Developments: JIN Co Ltd (3046.OS)
5,560JPY
17 May 2013
¥120 (+2.21%)
¥5,750
¥5,350
¥5,640
¥5,260
159,500
301,520
¥6,020
¥1,185
Latest Key Developments (Source: Significant Developments)
JIN Co Ltd Announces Upgrade of Listing
JIN Co Ltd announced that its stock will start trading on Tokyo Stock Exchange first section and second section on May 30, 2013. After this, its stock will be both traded on Jasdaq market of Osaka Securities Exchange and Tokyo Stock Exchange. Full Article
JIN Co Ltd Raises Year-end Dividend Forecast for FY 2013
JIN Co Ltd announced that it has raised the year-end dividend forecast from JPY 30 per share disclosed on April 4, 2013, to JPY 40 per share, including a common dividend of JPY 30 per share and a bonus dividend of JPY 10 per share in the commemoration of its listing on Tokyo Stock Exchange, for the fiscal year ended March 31, 2013. Full Article
JIN Co Ltd Raises Mid-year and Full-year Consolidated Outlook for FY 2013; Raises Year-end Dividend Forecast for FY 2013
JIN Co Ltd announced that it has raised its mid-year consolidated outlook for revenue from JPY 16,140 million to JPY 17,660 million, operating profit from JPY 2,400 million to JPY 3,964 million, ordinary profit from JPY 2,250 million to JPY 3,707 million, net profit from JPY 1,140 million to JPY 2,154 million, and earnings per share from JPY 47.55 to JPY 89.84, for the fiscal year ending August 31, 2013. The Company also has raised its full-year consolidated outlook for revenue from JPY 32,340 million to JPY 35,800 million, operating profit from JPY 4,900 million to JPY 6,700 million, ordinary profit from JPY 4,730 million to JPY 6,300 million, net profit from JPY 2,400 million to JPY 3,500 million, and earnings per share from JPY 100.10 to JPY 145.98, for the fiscal year ending August 31, 2013. The Company raised its mid-year and full-year consolidated outlook mainly due to the increase in sales of eyewear business and cost reduction. According to I/B/E/S Estimates, analysts on average are expecting the Company to report its full-year consolidated outlook for revenue of JPY 36,920 million, operating profit of JPY 6,420 million and net profit of JPY 3,150 million, for the same fiscal year. The Company also has raised its year-end dividend forecast from JPY 20.00 per share, which was announced on January 10, 2013, to JPY 30.00 per share, for the same fiscal year. Full Article
JIN Co Ltd Announces Unauthorized Access to JINS ONLINE SHOP
JIN Co Ltd announced that unauthorized access to the web server of its JINS ONLINE SHOP was detected. The Company has stopped the access to the site to prevent information leaking. Full Article
JIN Co Ltd Raises Consolidated Mid-year and Full-year Guidance for FY 2013; Raises Year-end Dividend Forecast for FY 2013
JIN Co Ltd announced that the Company has raised the consolidated mid-year guidance for revenue from JPY 13,580 million to JPY 16,140 million, operating profit from JPY 1,500 million to JPY 2,400 million, ordinary profit from JPY 1,480 million to JPY 2,250 million, net profit from JPY 670 million to JPY 1,140 million and earning per share from JPY 27.94 to JPY 47.55 for the fiscal year ending August 31, 2013. The Company has also raised the consolidated full-year guidance for revenue from JPY 29,400 million to JPY 32,340 million, operating profit from JPY 3,900 million to JPY 4,900 million, ordinary profit from JPY 3,860 million to JPY 4,730 million, net profit from JPY 1,800 million to JPY 2,400 million and earning per share from JPY 75.07 to JPY 100.10 for the fiscal year ending August 31, 2013. The Company has raised the year-end dividend forecast from JPY 15.00 per share to JPY 20.00 per share for the fiscal year ending August 31, 2013. Full Article
JIN Co Ltd Signs Commitment-line Contract
JIN Co Ltd announced announced that it has signed a global commitment-line contract for JPY 500 million and RMB 40 million, respectively, arranged by Mizuho Bank, Ltd., on September 28, 2012. The Company expects to secure a stable line of credit to swiftly meet the investment funding needs through the contract. The contract will be valid during the period from September 28, 2012 to September 25, 2015. Full Article
JIN Co., Ltd. Signs Syndicated Commitment-line Contract
JIN Co., Ltd. JIN Co., Ltd. announced that it has signed a syndicated commitment-line contract for JPY 2 billion, with arranger Sumitomo Mitsui Banking Corporation and co-arranger Mizuho Bank, Ltd., on August 31, 2012. The Company expects to secure a stable line of credit to swiftly meet the investment funding needs through the contract. The contract will be valid for one year from September 1, 2012. Full Article
JIN Co Ltd to Issue New Shares
JIN Co Ltd announced that it will issue 500,000 new shares of its common stock at the price of JPY 1,533.70 per share, or JPY 766,850,000 in total, through private placement, effective August 30, 2012. As a result, the Company's total shares outstanding will be 23,980,000. Full Article
JIN Co., Ltd. Determines Price for Share Issuance
JIN Co., Ltd. announced that it has decided to issue new shares through public offering, at the price of JPY 1,618 per share, or JPY 4,854,000,000 in total, on August 8, 2012. The Company has also decided to issue new shares through private placement, at the price of JPY 1,533.70 per share, on August 30, 2012. Full Article
JIN Co., Ltd. to Issue New Shares
JIN Co., Ltd. announced that it will issue 3,000,000 shares of its common stock through public offering, during the period from August 8, 2012 to August 13, 2012. As a result, the Company's total shares outstanding will be 23,480,000. The Company will also issue 500,000 shares of its common stock through private placement, effective August 30, 2012. As a result, the Company's total shares outstanding will be 23,980,000. The issue prices are to be determined. Full Article
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