Key Developments: Hito-Communications Inc (3654.T)
1,227JPY
17 May 2013
¥57 (+4.87%)
¥1,221
¥1,125
¥1,234
¥1,121
39,500
36,908
¥1,395
¥425
Latest Key Developments (Source: Significant Developments)
Hito-Communications Inc to Split Stock; Announces Partial Change to Article of Incorporation of Authorized Share Number; Lowers Mid-year and Year-end Dividend Forecasts for FY 2013
Hito-Communications Inc announced that it has decided to split one share of its stock to two shares, effective February 1, 2013. After the stock splitting, the total share outstanding will become 8,950,000. The Company has received approval from the shareholders meeting to make partial change to its article of incorporation. Based on change to article six, the Company will increase total number of authorized shares from 14,000,000 shares to 28,000,000 shares. As a result, the Company has also decided to decrease the mid-year dividend forecast from JPY 21.00 per share to JPY 10.50 per share, the year-end dividend forecast from JPY 21.00 per share to JPY 10.50 per share for the fiscal year ending August 2013. Full Article
Hito-Communications Inc Issues Consolidated Mid-year and Full-year Outlook for FY 2013
Hito-Communications Inc announced the consolidated mid-year outlook for revenue at JPY 9,900 million, operating profit at JPY 814 million, ordinary profit at JPY 818 million, net profit at JPY 418 million and earning per share at JPY 93.57 for the fiscal year ending August 31, 2013. The Company has also announced the consolidated full-year outlook for revenue at JPY 20,300 million, operating profit at JPY 1,601 million, ordinary profit at JPY 1,616 million, net profit at JPY 830 million and earning per share at JPY 185.48 for the fiscal year ending August 31, 2013. Full Article
Hito-Communications Inc to Delist from Jasdaq Market of Osaka Securities Exchange
Hito-Communications Inc announced that it has applied to delist from the Jasdaq Market of Osaka Securities Exchange, effective August 17, 2012. After this, its stock will only be traded on the second section of Tokyo Stock Exchange. Full Article
Hito-Communications Inc Raises Year-end Dividend Outlook for FY Ending August 2012
Hito-Communications Inc announced that it has raised its year-end dividend outlook from JPY 37.50 per share, which was announced on April 9, 2012, to JPY 41 per share, (JPY 37.50 per share of a common dividend and JPY 3.50 per share of a bonus dividend), for the fiscal year ending August 2012. Full Article
Hito-Communications Inc Announces Upgrade of Listing
Hito-Communications Inc announced that its stock will be listed on the second section of Tokyo Stock Exchange, effective July 24, 2012. Afterwards, its stock will be traded on Tokyo Stock Exchange and Jasdaq market of Osaka Securities Exchange. Full Article
Hito-Communications Inc to Fully Acquire Voice Enterprise Co.,Ltd.
Hito-Communications Inc announced that it has decided to acquire 300 shares of Voice Enterprise Co.,Ltd., which engages in the tour conductor dispatch business, from three individuals, effective April 11, 2012. As a result, the Company will hold a 100% stake in Voice Enterprise. Full Article
Hito-Communications Inc Lowers Year-end Dividend Forecast for FY 2012
Hito-Communications Inc announced that it has lowered the year-end dividend forecast from JPY 75.00 per share, disclosed on October 11, 2011, to JPY 37.50 per share, due to the stock split, for the fiscal year ending August 2012. Full Article
Hito-Communications Inc Announces Partial Change to Article of Incorporation of Authorized Share Number
Hito-Communications Inc announced that it has decided to split its common stock from one share into two shares, effective May 1, 2012. Following this, the Company has received approval from its Board of Directors to make partial change to its article of incorporation. Based on change to article six, the Company will change the number of its total shares to be possibly issued from 7,000,000 shares to 14,000,000, effective May 1, 2012. Full Article
Hito-Communications Inc to Acquire Property
Hito-Communications Inc announced that it will acquire a property located in Tokyo, Japan, at the price of JPY 1,812 million, effective September 29, 2011. Full Article
Hito-Communications Inc Announces Changes in Shareholding Structure
Hito-Communications Inc announced that its second major shareholder, which engages in the investment and holding of investment securities, has increased the voting rights in the Company from 7.83% to 11.84%, on August 31, 2011. Full Article
Earnings vs. 
Estimates
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
