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Tea Life Co Ltd (3172.T)

3172.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Tea Life to merge with wholly owned unit CORAM JAPAN
Monday, 5 Jun 2017 02:20am EDT 

June 5 (Reuters) - Tea Life Co Ltd <3172.T> ::* Says it plans to merge with its wholly owned subsidiary CORAM JAPAN Ltd on Aug. 1.* Says the unit will be dissolved after transaction .  Full Article

Tea Life to list on TSE first section form Oct. 11
Tuesday, 4 Oct 2016 03:05am EDT 

Tea Life <3172.T>:Says it will start listing on the Tokyo Stock Exchange(TSE) first section from TSE Mothers since Oct. 11.  Full Article

Tea Life completes off-floor distribution and announces shareholding structure change
Monday, 21 Dec 2015 09:30pm EST 

Tea Life Co Ltd:Completes the off-floor distribution of shares on Dec. 22.Says 212,400 shares of its common stock were sold at the price of 933 yen per share.Says an individual who is the second major shareholder of the company cuts voting power in the company to 8.11 pct from 13.11 pct on Dec. 21.  Full Article

Tea Life to offer off-floor distribution of shares
Monday, 21 Dec 2015 02:00am EST 

Tea Life Co Ltd:To offer an off-floor distribution of 212,400 shares at price of 933 yen per share, on Tokyo Stock Exchange on Dec. 22.Says the limitation for purchase of the distribution is up to 7,000 shares for each customer.  Full Article

Tea Life to offer off-floor distribution of shares
Tuesday, 15 Dec 2015 01:00am EST 

Tea Life Co Ltd:To offer an off-floor distribution of 212,400 shares on Tokyo Stock Exchange from Dec. 22 to Dec. 25.Offering price will be determined based on the closing share price of the day before the distribution.Says the limitation for purchase the distribution is up to 7,000 shares for each customer.  Full Article

Tea Life raises consolidated full-year outlook for FY 2016
Friday, 4 Dec 2015 01:00am EST 

Tea Life Co Ltd:Says the company raised the consolidated mid-year outlook for revenue to 3,620 million yen from 3,597 million yen for the fiscal year ending July 31, 2016.Sees an increase of mid-year operating profit forecast to 196 million yen from 147 million yen.Sees an increase of mid-year ordinary profit forecast to 199 million yen from 152 million yen.Sees an increase of mid-year net profit forecast to 173 million yen from 85 million yen.Sees an increase of mid-year earnings per share to 40.91 yen from 20.12 yen.Says the company raised the consolidated full-year outlook for revenue to 7,306 million yen from 7,300 million yen for the fiscal year ending July 31, 2016.Sees an increase of full-year operating profit forecast to 527 million yen from 472 million yen.Sees an increase of full-year ordinary profit forecast to 524 million yen from 472 million yen.Sees an increase of full-year net profit forecast to 367 million yen from 276 million yen.Sees an increase of full-year earnings per share to 86.52 yen from 65.06 yen.Comments that increased retail sales business, as well as decreased sales and general administrative expenses are the main reasons for the forecast.  Full Article

BRIEF-Tea Life to merge with wholly owned unit CORAM JAPAN

* Says it plans to merge with its wholly owned subsidiary CORAM JAPAN Ltd on Aug. 1