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INEST Inc (3390.T)

3390.T on Tokyo Stock Exchange

142JPY
20 Jul 2017
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Latest Key Developments (Source: Significant Developments)

INEST issues 4.6 mln new shares to raise 350 mln yen via private placement
2:25am EDT 

July 20 (Reuters) - INEST Inc <3390.T>:Says it issued 4.6 million new shares, at the price of 76 yen per share, or 350 million yen in total, through private placement to two firms .Says pervious news was disclosed on July 4.  Full Article

INEST to issue new shares to raise 350 mln yen
Tuesday, 4 Jul 2017 03:35am EDT 

July 4 (Reuters) - INEST Inc <3390.T>:* Says it will issue 4.6 million new shares, at the price of 76 yen per share, or 350 million yen in total, through private placement.* Payment period from July 20 to July 26 .* Proceeds will be used to develop, maintain and repair system .  Full Article

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

BRIEF-INEST issues 4.6 mln new shares to raise 350 mln yen via private placement

* Says it issued 4.6 million new shares, at the price of 76 yen per share, or 350 million yen in total, through private placement to two firms