Key Developments: Neos Corp (3627.T)

3627.T on Tokyo Stock Exchange

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¥775
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Volume
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¥1,848
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Latest Key Developments (Source: Significant Developments)

Neos to establish subsidiary in U.S
Wednesday, 28 May 2014 02:00am EDT 

Neos Corp:To establish a wholly owned subsidiary Neos Innovations, Inc. in U.S on June 2, which will be engaged in planning, development and commercialization of smart device related software and service.  Full Article

Neos Corp lowers full-year consolidated profit outlook for fiscal year ending June 2014
Friday, 10 Jan 2014 01:00am EST 

Neos Corp:Lowered full-year consolidated profit outlook for fiscal year ending Feb. 2014.Sees full-year revenue of 7,300 million yen.Sees full-year operating profit of 191 million yen from 420 million yen.Sees full-year ordinary profit of 206 million yen from 420 million yen.Sees full-year net profit of 85 million yen from 210 million yen.Sees full-year earnings per share of 10.88 yen from 27.03 yen.Says outlook lowered due to the provision for construction works loss.  Full Article

Neos Corp announces exercise of options
Monday, 6 Jan 2014 01:00am EST 

Neos Corp:Says its 18th series options have been exercised into 120,000 shares at the price of 1,343 yen per share, on Jan. 6.  Full Article

Neos Corp to Split Stock; Announces Partial Change to Article of Incorporation of Authorized Share Number; Lowers Year-end Dividend Forecast for FY 2014
Monday, 29 Jul 2013 02:00am EDT 

Neos Corp announced that it has decided to split one share of its common stock into 100 shares, effective September 1, 2013. After the stock splitting, the total share outstanding will become 7,771,200. The Company has received approval from the shareholders meeting to make partial change to its article of incorporation. Based on change to article five, the Company will increase total number of authorized shares from 240,000 shares to 24,000,000 shares. The Company has lowered the year-end dividend forecast from JPY 450 per share to JPY 4.50 per share for the fiscal year ending February 2014.  Full Article

Neos Corp to Merge with Subsidiary
Wednesday, 24 Apr 2013 02:00am EDT 

Neos Corp announced that it has decided to merge with its Tokyo-based wholly owned subsidiary, which engages in the system development and system consulting, effective June 1, 2013. After the merger, the subsidiary will be dissolved.  Full Article

Neos Corp Expects Extraordinary Loss for Q4 of FY 2013; Lowers Full-year Consolidated Outlook and Reaffirms Dividend Forecast for FY 2013
Friday, 5 Apr 2013 04:20am EDT 

Neos Corp announced that it expects the extraordinary loss of JPY 105 million caused by impairment loss on software assets, loss on valuation of investment securities and others, for the fourth quarter of the fiscal year ended February 28, 2013. The Company has lowered its full-year consolidated outlook for revenue from JPY 6,650 million to JPY 6,615 million, operating profit from JPY 600 million to JPY 318 million, ordinary profit from JPY 600 million to JPY 365 million, net profit (loss) from JPY 30 million to JPY (84 million), and earnings (loss) per share from JPY 386.48 to JPY (1,082.65), for the fiscal year ended February 28, 2013. The Company lowered its full-year consolidated outlook mainly due to the smartphone business which is still in the growing stage, increase in sales and management cost as well as extraordinary loss caused by impairment loss on software assets, loss on valuation of investment securities and others. The Company also has reaffirmed its dividend forecast of JPY 450 per share, for the same fiscal year.  Full Article

Neos Corp to Establish Joint Venture with Nemustech Co., Ltd
Thursday, 14 Feb 2013 01:00am EST 

Neos Corp announced that it has decided to establish a Tokyo-based joint venture, which will be mainly engaged in the planning, development and consulting of software for smart phone, internet, computer and navigation system, among others, with a Korea-based company Nemustech Co., Ltd, effective March 1, 2013. The Company and Nemustech will each hold a 51% and 49% stake in the joint venture.  Full Article

Neos Corp Completes Liquidation of Subsidiary
Thursday, 8 Nov 2012 01:00am EST 

Neos Corp announced that it has completed the liquidation of a wholly owned subsidiary, which was engaged in the development of applications for smartphones as well as the provision of video replay technology in Tokyo, Japan, on November 8, 2012.  Full Article

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