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Broadmedia Corp (4347.T)

4347.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Broadmedia to raise stake in unit to 100 pct from 63 pct
Tuesday, 21 Mar 2017 02:15am EDT 

Broadmedia Corp <4347.T>: Says it will buy 37 percent stake in its subsidiary Renaissance Academy Corporation on March 27 .Says it will hold 100 percent stake in the subsidiary after acquisition.  Full Article

Broadmedia transfers business to unit
Friday, 1 Jul 2016 02:40am EDT 

Broadmedia Corp <4347.T>:Says it completed transferring of cloud game business to its unit BMGC on July 1.  Full Article

Broadmedia unit takes over assets from GCG
Tuesday, 24 May 2016 03:21am EDT 

Broadmedia Corp <4347.T>: Says its wholly owned subsidiary BMGC took over assets held by G-cluster Global (GCG), including technology (patent rights), trademark rights, shares of subsidiaries of GCG, fixed assets like server for continuing of cloud game business .Says G-cluster Global has been dissolved on May 23.  Full Article

Broadmedia issues new shares worth 50 mln yen and bonds worth 1 bln yen
Sunday, 15 May 2016 11:48pm EDT 

Broadmedia Corp <4347.T>: Says it issued 400,000 new shares at 50 million yen via private placement to the president of the co on May 16 . Says it issued 1st series unsecured convertible bonds with warrants worth 1 billion yen via private placement to Japan Opportunities Master Fund Ltd. on May 16 .Says bonds with no interest rate and maturity date May 16, 2019, with conversion price of 105 yen per share.  Full Article

Broadmedia to issue new shares through private placement; to issue first series unsecured convertible corporate bonds with warrants
Thursday, 28 Apr 2016 03:00am EDT 

Broadmedia Corp:To issue 400,000 new shares through private placement at 125 yen per share to its president Taro Hashimoto.To raise 50 million yen in total.To issue first series unsecured convertible corporate bonds worth 1 billion yen through private placement to Japan Opportunities Master Fund Ltd.The bonds is with 40 warrants.Face value of 100 yen and issue price at 100 yen per face value of 100 yen.Convertible price is 105 yen.Interest rate is 0 pct.Maturity on May 16, 2019.  Full Article

Broadmedia announces dissolution of G-cluster Global
Friday, 22 Apr 2016 04:00am EDT 

Broadmedia Corp:Announced dissolution of Tokyo-based company G-cluster Global on May 23 that the co holds 35.4 pct stake in it.  Full Article

Broadmedia amends consolidated full-year outlook for FY 2016
Friday, 22 Apr 2016 04:00am EDT 

Broadmedia Corp:Says the company amended the consolidated full-year outlook for the FY ended March 2016.Revenue forecast decreased to 12,117 million yen from 13,100 million yen.Operating profit forecast increased to 71 million yen from 50 million yen.Ordinary profit forecast has been amended to a loss of 198 million yen from an undermined value.Net profit forecast has been amended to a loss of 1,082 million yen from an undermined value.Earnings per share has been amended to a loss of 15.90 yen from an undermined value.  Full Article

Broadmedia revises consolidated mid-year outlook for FY 2016
Thursday, 29 Oct 2015 02:10am EDT 

Broadmedia Corp:Says the company lowered the consolidated mid-year outlook for revenue to 5,896 mln yen from 6,080 mln yen for the fiscal year ending March 31, 2016.Operating profit forecast increased to a loss of 78 mln yen from a loss of 225 mln yen.Ordinary profit forecast revised to a loss of 216 mln yen from an undetermined value.Net profit forecast revised to a loss of 589 mln yen from an undetermined value.Earnings per share revised to a loss of 8.67 yen from an undetermined value.Comments the sluggish in sales of core products and extraordinary loss are the main reasons for the forecast.  Full Article

Broadmedia announces change of corporate auditor
Tuesday, 30 Jun 2015 04:00am EDT 

Broadmedia Corp:Appoints a Tokyo-based audit corporation as new corporate auditor, to replace Deloitte Touche Tohmatsu LLC, effective June 30.  Full Article

Broadmedia appoints chief financial officer
Friday, 22 May 2015 02:20am EDT 

Broadmedia Corp:Appoints Hideaki Oshio as chief financial officer, effective June 24.  Full Article

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BRIEF-Broadmedia to raise stake in unit to 100 pct from 63 pct

* Says it will buy 37 percent stake in its subsidiary Renaissance Academy Corporation on March 27