Key Developments: Zappallas Inc (3770.T)
92,300JPY
17 May 2013
¥4,300 (+4.89%)
¥97,400
¥88,200
¥94,000
¥88,200
1,079
1,637
¥109,000
¥67,500
Latest Key Developments (Source: Significant Developments)
ZAPPALLAS, INC. Lowers Consolidated Full-year Forecast for FY 2013
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.
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
Zappallas Inc Announces Consolidated Mid-year and Full-year Outlook for FY 2013; Announces Dividend Forecast for FY 2013
Zappallas Inc announced its consolidated mid-year outlook for revenue of JPY 5,000 million, operating profit of JPY 820 million, ordinary profit of JPY 820 million, net profit of JPY 508 million and earning per share of JPY 4,065.73, for the fiscal year ending April 2013. The Company has also announced its consolidated full-year outlook for revenue of JPY 12,000 million, operating profit of JPY 2,200 million, ordinary profit of JPY 2,200 million, net profit of JPY 2,200 million and earning per share of JPY 10,610.57, for the fiscal year ending April 2013. In addition, the Company has also announced its mid-term dividend forecast of 0.00 per share and its year-end dividend forecast of JPY 4,200 per share, for the fiscal year ending April 2013. Full Article
ZAPPALLAS, INC.'s Subsidiary to Divest Turbolinux India Private Limited
ZAPPALLAS, INC. announced that its subsidiary Turbolinux, Inc., has decided to sell all the stake (a 55% stake), or 1,496,000 shares of Turbolinux India Private Limited, to a Japan-based company engaged in planning, development, sales and consulting of computer hardware and software, at the price of JPY 1,000, effective March 30, 2012. After this, the Japan-based company will hold a 100% stake in Turbolinux India Private Limited. Full Article
ZAPPALLAS, INC. Announces Dissolution of Subsidiary
ZAPPALLAS, INC. announced that it has decided to dissolve a subsidiary, which is engaged in sales of communication equipments, effective January 31, 2012. The liquidation is expected to be completed in April 2012. Full Article
ZAPPALLAS, INC. to Acquire Business from Rakuten, Inc.
ZAPPALLAS, INC. announced that it has decided to acquire system and software, as well as related contracts of a website from Rakuten, Inc., effective January 1, 2012. Full Article
ZAPPALLAS, INC. to Acquire Shares of BXE Inc.
ZAPPALLAS, INC. announced that it has decided to acquire 9,000 shares (68.9% stake) of BXE Inc., for JPY 663,480,000, effective November 30, 2011. After the transaction, the Company will hold a 68.9% stake in , up from 0%. Full Article
ZAPPALLAS, INC. Announces Officer Changes
ZAPPALLAS, INC. announced that it has appointed Mari Kawashima as the new President and Chairman of the Board in the Company, and Yoichiro Hirai resigned from the position of President of the Company, effective August 1, 2011. Full Article
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