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INEST Inc (3390.T)

3390.T on Tokyo Stock Exchange

66JPY
28 Apr 2017
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Latest Key Developments (Source: Significant Developments)

INEST plans sale of 81 percent stake in unit for 24 mln yen
Wednesday, 20 Jul 2016 08:58am EDT 

INEST Inc <3390.T> : Says it plans to sell 81 percent stake in its Tokyo-based unit which is engaged in development and sale of e-menu system, for 24 million yen on July 31 .Says co to lower stake in unit to 19 percent down from 100 percent after the transaction.  Full Article

Universal Solution Systems to change name to INEST, Inc.
Thursday, 19 May 2016 02:03am EDT 

Universal Solution Systems <3390.T>:Says it to change name to INEST, Inc. from Universal Solution Systems Inc., effective July 1.  Full Article

Universal Solution Systems raises consolidated full-year outlook for FY 2016
Friday, 8 Apr 2016 03:30am EDT 

Universal Solution Systems Inc:Says the company increased the consolidated full-year outlook for revenue to 3,800 mln yen from 2,890 mln yen, for the fiscal year ended March 31, 2016.Operating profit forecast increased to 120 mln yen from a loss of 135 mln yen.Ordinary profit forecast increased to 85 mln yen from a loss of 170 mln yen.Net profit forecast increased to a loss of 330 mln yen from a loss of 550 mln yen.Earnings per share increased to a loss of 6.79 yen from a loss of 11.32 yen.Says that improvement in direct-sales business as main reason for the forecast.  Full Article

Universal Solution Systems to sell shares in unit
Wednesday, 10 Feb 2016 01:30am EST 

Universal Solution Systems Inc:To sell 730 shares (73 pct voting power) in its Okayama-based 73 pct owned subsidiary to a Tokyo-based interim holding company, for 27 million yen, on March 1.To hold no stake in the unit after the transaction.  Full Article

Universal Solution Systems lowers consolidated full-year outlook and expects extraordinary loss for FY 2016
Thursday, 12 Nov 2015 02:30am EST 

Universal Solution Systems Inc:Says the company reaffirmed the consolidated full-year outlook for revenue at 2,890 mln yen for the fiscal year ending March 2016.Sees a decrease of operating profit forecast to a loss of 135 mln yen from a loss of 120 mln yen.Sees a decrease of ordinary profit forecast to a loss of 170 mln yen from a loss of 155 mln yen.Sees a decrease of net profit forecast to a loss of 550 mln yen from a loss of 466 mln yen.Sees a decrease of earnings per share to a loss of 11.32 yen from a loss of 9.59 yen.Says it expects an extraordinary loss of 75 million yen for the fiscal year ending March 2016.Says the loss is recorded as an impairment loss in subsidiary.  Full Article

Universal Solution Systems announces change of chairman
Sunday, 4 Oct 2015 10:30pm EDT 

Universal Solution Systems Inc:Says Toshio Kobayashi will no longer serve as chairman.Effective Oct. 5.  Full Article

Universal Solution Systems lowers consolidated mid-year and full-year outlook for FY 2016
Tuesday, 29 Sep 2015 06:30am EDT 

Universal Solution Systems Inc:Says the company lowered the consolidated mid-year outlook for revenue to 1,390 mln yen from 1,400 mln yen for the fiscal year ending March 31, 2016.Operating profit forecast increased to a loss of 130 mln yen from a loss of 200 mln yen.Ordinary profit forecast increased to a loss of 160 mln yen from a loss of 210 mln yen.Sees a decrease of net profit forecast to a loss of 460 mln yen from a loss of 220 mln yen.Sees a decrease of earnings per share to a loss of 9.47 yen from a loss of 4.53 yen.Says the company lowered the consolidated full-year outlook for revenue to 2,890 mln yen from 3,500 mln yen for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to a loss of 120 mln yen from 0 mln yen.Sees a decrease of ordinary profit forecast to a loss of 155 mln yen from a loss of 20 mln yen.Sees a decrease of net profit forecast to a loss of 466 mln yen from a loss of 35 mln yen.Sees a decrease of earnings per share to a loss of 9.59 yen from a loss of 0.72 yen.Comments the sluggish in sales in system business is the main reason for the forecast.  Full Article

Universal Solution Systems amends consolidated full-year outlook for FY 2015 and cancels year-end dividend for FY 2015
Sunday, 10 May 2015 09:30pm EDT 

Universal Solution Systems Inc:Says the company lowered the consolidated full-year outlook for revenue to 4,500 million yen from 5,000 million yen for FY ended March 2015.Sees a decrease of operating profit forecast to 250 million yen from 400 million yen.Sees a decrease of ordinary profit forecast to 190 million yen from 390 million yen.Net profit forecast increased to 270 million yen from 240 million yen.Earnings per share increased to 5.63 yen from 4.94 yen.Comments the sales decrease and investment loss are the main reasons for the forecast.Resolved to cancel the year-end dividend for FY ended March 2015.Latest dividend forecast was an undetermined value.  Full Article

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BRIEF-INEST to set up unit and start management support solution business

* Says it will set up a wholly owned subsidiary with capital of 23 million yen in Tokyo