Key Developments: Zappallas Inc (3770.T)

3770.T on Tokyo Stock Exchange

22 Sep 2014
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Latest Key Developments (Source: Significant Developments)

ZAPPALLAS, INC. lowers full-year consolidated outlook for FY 2014
Friday, 7 Mar 2014 02:00am EST 

ZAPPALLAS, INC:Lowered full-year consolidated outlook for fiscal year ending April 30, 2014.Full-year revenue outlook of 8,200 mln yen lowered from 10,100 mln yen.Full-year operating profit outlook of 700 mln yen lowered from 1,000 mln yen.Full-year ordinary profit outlook of 710 mln yen lowered from 1,000 mln yen.Full-year net profit outlook of 380 mln yen lowered from 620 mln yen.Full-year earnings per share outlook of 29.99 yen lowered from 49.16 yen.Outlook lowered due to decrease in sales from e-commerce site as well as postponed opening of new e-commerce site and launch of new product of subsidiary.  Full Article

ZAPPALLAS, INC. Announces Partial Change to Article of Incorporation of Authorized Share Number; Amends Year-end Dividend Forecast for FY 2014
Thursday, 20 Jun 2013 05:00am EDT 

ZAPPALLAS, INC. announced that it has received approval from the shareholders meeting to make partial change to its article of incorporation on November 1, 2013. Based on change to article six, the Company will increase total number of authorized shares from 500,000 shares to 50,000,000 shares. The Company has therefore lowered the year-end dividend forecast from JPY 2,200 per share to JPY 22 per share, for the fiscal year ending April 2014.  Full Article

ZAPPALLAS, INC. Lowers Consolidated Full-year Forecast for FY 2013
Friday, 8 Mar 2013 02:00am EST 

ZAPPALLAS, INC. announced that it has lowered the consolidated full-year forecast for revenue from JPY 12,000 million to JPY 9,200 million, operating profit from JPY 2,200 million to JPY 1,400 million, ordinary profit from JPY 2,200 million to JPY 1,540 million, net profit from JPY 1,326 million to JPY 1,000 million and earning per share from JPY 10,610.57 to JPY 7,928.64 for the fiscal year ending April 30, 2013. The Company lowered the consolidated full-year outlook due to the downturn in economy and the aggravated order environment.  Full Article

ZAPPALLAS, INC. to Establish New Subsidiary to Take over Business from NameMedia,Inc.
Friday, 7 Dec 2012 02:00am EST 

ZAPPALLAS, INC. announced that it has established a new subsidiary, Zappallas,Inc., on December 10, 2012. The subsidiary will take over Daily Insight Group, which is the fortune-telling business from NameMedia,Inc., effective December 14, 2012.  Full Article

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