Bic Camera Inc (3048.T) Key Developments | Reuters.com
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Bic Camera Inc (3048.T)

3048.T on Tokyo Stock Exchange

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29 Jun 2016
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Latest Key Developments (Source: Significant Developments)

BIC CAMERA amends consolidated mid-year outlook for FY 2016
Thursday, 7 Apr 2016 02:00am EDT 

BIC CAMERA INC:Says the company amended the consolidated mid-year outlook for the FY ending Aug. 2016.Revenue forecast revised to 394,480 million yen from 407,000 million yen.Operating profit forecast revised to 11,710 million yen from 9,100 million yen.Ordinary profit forecast revised to 12,060 million yen from 9,300 million yen.Net profit forecast revised to 7,310 million yen from 5,100 million yen.Earnings per share revised to 40.19 yen from 28.04 yen.Comments that impact of demand of part of products and cost control are the main reasons for the forecast.  Full Article

BIC CAMERA announces business alliance with Spring Airlines and investment in Spring Japan
Monday, 21 Dec 2015 08:00pm EST 

BIC CAMERA INC:Forms a business alliance with Shanghai-based company Spring Airlines.To invest 1,000 million yen in Spring Airlines Japan Co.,Ltd. through private placement, aim to hold a 6~7 pct stake in Spring Airlines Japan after investment.  Full Article

Japan Airport Terminal to set up joint venture with BIC CAMERA
Wednesday, 16 Dec 2015 09:30pm EST 

Japan Airport Terminal Co Ltd:To set up a joint venture engaged in goods sale business with BIC CAMERA INC in the spring of 2016.Says Japan Airport Terminal and BIC CAMERA to hold a 51 pct stake and a 49 pct stake in JV respectively.  Full Article

BIC CAMERA lowers consolidated full-year outlook for FY 2015
Monday, 5 Oct 2015 02:00am EDT 

BIC CAMERA INC:Says the company lowered the consolidated full-year outlook for the FY ended Aug. 2015.Revenue forecast decreased to 793,800 million yen from 812,000 million yen.Operating profit forecast decreased to 18,800 million yen from 20,500 million yen.Ordinary profit forecast decreased to 20,400 million yen from 20,500 million yen.Net profit forecast decreased to 6,800 million yen from 10,200 million yen.Earnings per share decreased to 39.23 yen from 59.39 yen.Comments that impact of weather and decreased demand are the main reasons for the forecast.  Full Article

BIC CAMERA amends consolidated mid-year outlook for FY 2015
Friday, 3 Apr 2015 02:00am EDT 

BIC CAMERA INC:Says the company amended the consolidated mid-year outlook for the FY ending Aug. 2015.Revenue forecast decreased to 393,480 million yen from 402,000 million yen.Operating profit forecast decreased to 8,320 million yen from 8,600 million yen.Ordinary profit forecast increased to 8,380 million yen from 8,300 million yen.Net profit forecast increased to 4,870 million yen from 4,500 million yen.Earnings per share forecast increased to 28.35 yen from 26.20 yen.Comments that increased consumption tax rate and improvement of gross profit margin are the main reasons for the forecast.  Full Article

BIC CAMERA INC subsidiary completes fully acquisition of companies
Monday, 15 Dec 2014 11:00pm EST 

BIC CAMERA INC:Subsidiary RANET Co.,Ltd. acquired a 100 pct stake in a Tokyo-based company, a Aichi-based company and a Kyoto-based company respectively on Dec. 1.Plan disclosed on Nov. 5.  Full Article

BIC CAMERA INC subsidiary to fully acquire companies from Nepro Japan Co.,Ltd.
Wednesday, 5 Nov 2014 02:00am EST 

BIC CAMERA INC:Subsidiary RANET Co.,Ltd. to acquire 5,000 shares (100 pct stake) of a Tokyo-based company, 5,000 shares (100 pct stake) of a Aichi-based company and 5,000 shares (100 pct stake) of a Kyoto-based company from Nepro Japan Co.,Ltd. with amount of 5,714 million yen on Dec. 1.  Full Article

BIC CAMERA INC announces shareholding change
Wednesday, 22 Oct 2014 03:00am EDT 

BIC CAMERA INC:Says an individual's voting rights in the company decreased to 38.71 pct from 42.67 pct.Effective Oct. 22.  Full Article

BIC CAMERA INC expects extraordinary loss for FY 2014
Sunday, 5 Oct 2014 10:45pm EDT 

BIC CAMERA INC:Says it expects an extraordinary loss of about 3,177 million yen for FY ended Aug. 2014.Says the loss is recorded for the impairment loss.  Full Article

BIC CAMERA INC raises consolidated full-year outlook for FY 2014
Sunday, 5 Oct 2014 10:45pm EDT 

BIC CAMERA INC:Says the company increased the consolidated full-year outlook for revenue to 829,800 million yen from 813,000 million yen for the FY ended Aug. 2014.Operating profit forecast increased to 19,060 million yen from 14,800 million yen.Ordinary profit forecast increased to 24,060 million yen from 15,500 million yen.Net profit forecast increased to 9,850 million yen from 7,700 million yen.Earnings per share increased to 57.35 yen from 44.83 yen.FY 2014 revenues of 824.50 billion yen, reported net profit of 7.90 billion yen – Thomson Reuters I/B/E/S.Comments the increased income and reduced cost are the main reasons for the forecast.  Full Article