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Wealth Management Inc (3772.T)

3772.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Wealth Management to jointly buy property via SPV
Tuesday, 20 Dec 2016 02:20am EST 

Wealth Management Inc <3772.T>: Says it to jointly set up SPV and to buy property that located in Japan on March 1, 2017 via SPV .Transaction price is not disclosed.  Full Article

ASK PLANNING CENTER, INC. to raise stake in Wealth Management to 33 pct from 0 pct
Sunday, 16 Oct 2016 09:28pm EDT 

Wealth Management Inc <3772.T>: Says ASK PLANNING CENTER, INC. to raise stake in the co to 33.0 percent from 0 percent, effective Dec. 19 .Says the top shareholder Capital Engine KK to cut stake in to co to 9.6 percent from 42.6 percent.  Full Article

Wealth Management to buy equity interests in hotel via anonymous association
Thursday, 28 Jul 2016 02:55am EDT 

Wealth Management Inc <3772.T>: Says it to set up an anonymous association (new hotel fund) on July 27 to acquire trust beneficiary rights of target hotel (as underlying asset) from current hotel fund for 8.5 billion yen (including expense) on July 28 .Says the co's wholly owned unit RIC holds 39 percent stake in WEALTH PARTNERS SINGAPORE PTE. LTD.(WPS) and WPS holds the current hotel fund.  Full Article

Wealth Management to upgrade to TSE second section on Aug. 1
Monday, 25 Jul 2016 03:24am EDT 

Wealth Management Inc <3772.T>:Says it to list on TSE second section from TSE Mothers on Aug. 1.  Full Article

Wealth Management, Inc revises year-end dividend forecast for FY 2016
Wednesday, 16 Mar 2016 04:00am EDT 

Wealth Management, Inc:Revises year-end dividend forecast to 10 yen per share from an undetermined value, for the fiscal year ending March 2016.  Full Article

Wealth Management, Inc to take out loan
Thursday, 24 Dec 2015 03:00am EST 

Wealth Management, Inc:To take out loan of 377 mln yen from Mizuho Bank, Ltd on Dec. 28 for acquisition through SPC.Maturity date Nov. 30, 2016.  Full Article

Wealth Management amends consolidated full-year outlook for FY 2016
Friday, 13 Nov 2015 01:30am EST 

Wealth Management, Inc:Says the company lowered the consolidated full-year outlook for revenue to 1,532 mln yen from 1,628 mln yen for the fiscal year ending March 31, 2016.Operating profit forecast increased to 286 mln yen from 227 mln yen.Ordinary profit forecast increased to 263 mln yen from 212 mln yen.Net profit forecast increased to 391 mln yen from 301 mln yen.Earnings per share increased to 94.53 yen from 72.77 yen.Profit outlook raised due to increased hotel rental revenues and extraordinary profit recorded as gain on sale of property.  Full Article

Wealth Management to acquire property
Wednesday, 7 Oct 2015 04:00am EDT 

Wealth Management, Inc:To acquire an Osaka-based property (hotel) in late November.  Full Article

Wealth Management to sell Nagano-based hotel
Friday, 25 Sep 2015 05:00am EDT 

Wealth Management, Inc:To sell Nagano-based hotel for 1,110 mln yen on Sep. 30, for loan repayment.  Full Article

Wealth Management amends consolidated mid-year outlook for FY 2016
Friday, 25 Sep 2015 05:00am EDT 

Wealth Management, Inc:Says the company reaffirmed the consolidated mid-year outlook for revenue at 880 million yen for FY ending March 2016.Confirms the operating profit forecast at 262 million yen.Confirms the ordinary profit forecast at 252 million yen.Net profit attributable to parent company's shareholders forecast increased to 351 million yen from 201 million yen.Earnings per share increased to 84.86 yen from 48.60 yen.Comments the sell of hotel as the main reason for the forecast.  Full Article

BRIEF-Akatsuki unit to sell 33 pct stake in Wealth Management Inc for 1.78 bln yen

* Says its wholly owned unit, Capital Engine KK, to sell 33 percent stake in Wealth Management Inc for 1.78 billion yen on Dec. 19