Neos Corp (3627.T) Key Developments | Reuters.com
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Neos Corp (3627.T)

3627.T on Tokyo Stock Exchange

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

Neos forms business and capital alliance with ARGOS
Tuesday, 10 May 2016 02:16am EDT 

Neos Corp <3627.T>: Says it forms a business alliance with ARGOS, a Niigata-based firm engaged in Web services related business on May 10 . Says two entities to cooperate on exclusive agency of site and app performance testing services (ARGOS) in Japan .Says the co plans to buy a 9.4 percent stake in ARGOS on May 10.  Full Article

Neos says chairman Toyoshi Takahashi to resign
Friday, 22 Apr 2016 02:00am EDT 

Neos Corp:Says current chairman Toyoshi Takahashi to resign on May 26, when the company holds 12th meeting of shareholders.  Full Article

Neos lowers consolidated full-year outlook for FY 2016; expects extraordinary loss for Q4 of FY 2016
Friday, 1 Apr 2016 03:30am EDT 

Neos Corp:Says the company lowered the consolidated full-year outlook for revenue to 5,568 mln yen from 5,800 mln yen for the fiscal year ended Feb. 29, 2016.Sees a decrease of operating profit forecast to 77 mln yen from 150 mln yen.Sees a decrease of ordinary profit forecast to 82 mln yen from 150 mln yen.Sees a decrease of net profit forecast to 29 mln yen from 100 mln yen.Sees a decrease of earnings per share to 3.43 yen from 11.72 yen.Comments the input for the new business and delay of launch of new business and extraordinary loss recorded are the main reasons for the forecast.Says it expects an extraordinary loss of 65 million yen recorded as an impairment loss for Q4 of the fiscal year ended Feb. 29, 2016.  Full Article

Neos acquires shares in Tokyo-based company
Tuesday, 20 Oct 2015 02:00am EDT 

Neos Corp:To acquire 14,000 shares in a Tokyo-based company on Oct. 23.To raise stake in the Tokyo-based company to 33.4 pct.  Full Article

Neos to acquire shares of valuedesign and announces business alliance
Thursday, 25 Jun 2015 02:00am EDT 

Neos Corp:To acquire 6.15 pct stake in Tokyo-based company valuedesign.Announces business alliance with valuedesign, to cooperate on providing smart phone payment solutions in Japan and electronic money settlement business in overseas.  Full Article

Neos announces business alliance with JENESIS HOLDINGS
Wednesday, 27 May 2015 02:00am EDT 

Neos Corp:Announced business alliance with Tokyo-based company JENESIS HOLDINGS on May 27.To cooperate on business cooperation and new customers development, provide comprehensive solutions for software service device, development of new products and services.  Full Article

Neos lowers consolidated full-year outlook and year-end dividend forecast for FY 2015
Tuesday, 13 Jan 2015 01:00am EST 

Neos Corp:Says the company lowered the consolidated full-year outlook for the FY ending Feb. 2015.Revenue forecast decreased to 5,200 million yen from 6,600 million yen.Operating profit forecast decreased to a loss of 419 million yen from 300 million yen.Ordinary profit forecast decreased to a loss of 390 million yen from 300 million yen.Net profit forecast decreased to a loss of 995 million yen from 120 million yen.Earnings per share decreased to a loss of 116. 74 yen from 14. 46 yen.Comments that decreased sales and extraordinary loss are the main reasons for the forecast.Lowered the year-end dividend forecast to 1.5 yen per share from 4.5 yen per share for the FY ending Feb. 2015.  Full Article

Neos Corp to establish joint ventures with Sony Music Entertainment (Japan) Inc.
Friday, 14 Nov 2014 01:00am EST 

Neos Corp:To establish joint venture in Tokyo planned on Dec. 1.The joint venture will be engaged in planning, development and delivery of next-generation video services.Says the company and Sony Music Entertainment (Japan) Inc will hold a 50 pct stake and a 50 pct stake in the India joint venture respectively.  Full Article

BRIEF-Neos forms business and capital alliance with ARGOS

* Says it forms a business alliance with ARGOS, a Niigata-based firm engaged in Web services related business on May 10