Key Developments: Fisco Ltd (3807.OS)
102,900JPY
22 May 2013
¥-5,700 (-5.25%)
¥111,000
¥105,500
¥107,000
¥101,000
482
2,748
¥149,100
¥19,230
Latest Key Developments (Source: Significant Developments)
FISCO Ltd Announces Updated on Acquisition of Versatile Inc.
FISCO Ltd announced that it has signed an agreement on the acquisition of Versatile Inc., which was announced on April 25, 2013. The acquisition price has been set at JPY 16,273 per share or JPY 515,268,000 in total. Full Article
FISCO Ltd to Acquire Shares in Versatile Inc.
FISCO Ltd announced that it will acquire 31,664 shares (a 93.68% stake) in Versatile Inc. from an Osaka-based company and an individual, for JPY 521 million ±10% on May 1, 2013. As a result, the Company will hold a 93.68% stake in Versatile Inc., which is engaged in consulting and staffing businesses. Full Article
FISCO Ltd Raises Consolidated Mid-year and Full-year Outlook for FY 2013
FISCO Ltd announced that it has raised its consolidated mid-year outlook for revenue from JPY 3,732 million to JPY 3,789 million, operating profit from JPY 148 million to JPY 207 million, ordinary profit from JPY 181 million to JPY 240 million, net profit from JPY 83 million to JPY 140 million and earning per share from JPY 11.98 to JPY 20.23 , for the fiscal year ending December 2013. In addition, the Company has also raised its consolidated full-year outlook for revenue from JPY 8,037 million to JPY 8,240 million, operating profit from JPY 432 million to JPY 643 million, ordinary profit from JPY 516 million to JPY 727 million, net profit from JPY 237 million to JPY 430 million and earning per share from JPY 34.23 to JPY 62.13 , for the fiscal year ending December 2013. The Company raised the outlook due to the increased sales and the increased orders. Full Article
FISCO Ltd to Dissolve Subsidiary
FISCO Ltd announced that it has decided to dissolve a wholly owned subsidiary FISCO (BVI) Ltd., which has been engaged in investment and business consulting business in British Virgin Islands, in March 2013. Full Article
FISCO Ltd Announces Stock Split and Partial Change to Article of Incorporation of Authorized Share Number; Cancels Year-end Dividend Payment for FY 2012
FISCO Ltd announced that it has decided to split one share of its stock into 100 shares, effective July 1, 2013. After the stock split, the total share outstanding will become 7,339,400. The Company has received approval from the shareholders meeting to make partial change to its article of incorporation. Based on change to article five, the Company will increase total number of authorized shares from 200,000 shares to 20,000,000 shares. The Company also announced that it has canceled its year-end dividend payment, which was announced as an undetermined value, for the fiscal year ended December 2012. Full Article
FISCO Ltd Becomes Top Shareholder of NCXX Inc
NCXX Inc announced that it has completed the issue of 23,382 new shares of its common stock to FISCO Ltd, and 389 new shares of its common stock to KSP HOLDINGS CORPORATION, at the price of JPY 25,660 per share through a private placement, on February 8, 2013. As a result, FISCO has become the top shareholder of NCXX with 36.34% voting rights, up from 19.67%, effective February 8, 2013. Full Article
FISCO Ltd to Sell Stake in Subsidiary; Announces Extraordinary Profit for FY 2012
FISCO Ltd announced that its subsidiary has decided to its holding 77.78% stake in FISCO (BVI) Limited Partnership for JPY 451 million in total to BEST BALANCE LIMITED. As a result, the Company will record a JPY 238 million extraordinary profit on the selling of the stake in FISCO (BVI) Limited Partnership, for the fiscal year ending December 2012. Full Article
FISCO Ltd Completes Share Repurchase Plan
FISCO Ltd announced that it has completed its share repurchase plan announced on July 13, 2012, to repurchase up to 3,000 shares(4.3% stake) of its common stock. The Company repurchased 0 shares of its common stock during the period from July 17, 2012 to December 21, 2012. Full Article
FISCO Ltd to Invest in Subsidiary
FISCO Ltd announced that i has decided to acquire 150,000,000 newly issued shares of its 94.9%-owned subsidiary, Diamond Agency, for JPY 4 per share through a private placement, effective December 14, 2012. As a result, the Company's stake in Diamond Agency will become 99.9%. Full Article
FISCO Ltd Issues Full-year Consolidated Outlook for FY 2012; Cancels Extraordinary Profit Expected for Q3 of FY 2012
FISCO Ltd announced that it has issued its full-year consolidated outlook for revenue of JPY 4,056 million, operating profit of JPY 210 million, ordinary profit of JPY 234 million, net profit of JPY 194 million, and earnings per share of JPY 2,815.43, for the fiscal year ending December 31, 2012. The Company also cancelled the extraordinary profit expected of approximately JPY 100 million as gain on non-operating profit in the exercise of options with bonds, for the third quarter of the fiscal year ending December 31, 2012, which was announced on July 17, 2012. Full Article
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