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Nippon Air Conditioning Services Co Ltd (4658.T)

4658.T on Tokyo Stock Exchange

645JPY
26 May 2017
Change (% chg)

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¥651
Open
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¥650
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¥643
Volume
28,400
Avg. Vol
38,421
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¥705
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¥489

Latest Key Developments (Source: Significant Developments)

Nippon Air Conditioning Service announces unit restructuring
Friday, 12 Aug 2016 03:08am EDT 

Nippon Air Conditioning Service Co Ltd <4658.T>:Says it plans to take over business from its wholly owned unit, a Tokyo-based air conditioner management company, or to divest the business of the unit in April, 2017.  Full Article

Nippon Air Conditioning Services to set up JV in Thailand with T.P.S. Construction & Consultants
Friday, 13 May 2016 03:46am EDT 

Nippon Air Conditioning Services <4658.T> : Says it will set up a 49-pct-owned JV with T.P.S. Construction & Consultants, in Thailand, in June .Says JV's name is NACS TPS ENGINEERING CO., LTD, and engaged in maintenance of building equiptment.  Full Article

Nippon Air conditioning Services expects extraordinary loss and raises consolidated full-year revenue outlook for FY 2016
Friday, 15 Apr 2016 03:30am EDT 

Nippon Air conditioning Services Co., Ltd:Says it expects an extraordinary loss of 582 million yen recorded as loss on retirement benefits for the fiscal year ended March 2016.Says the company increased the consolidated full-year outlook for revenue to 42,400 mln yen from 41,500 mln yen, for the fiscal year ended March 31, 2016.Operating profit forecast increased to 2,300 mln yen from 2,200 mln yen.Ordinary profit forecast increased to 2,400 mln yen from 2,300 mln yen.Sees a decrease of net profit forecast to 880 mln yen from 1,200 mln yen.Sees a decrease of earnings per share to 50.82 yen from 69.61 yen.Says net profit outlook lowered due to the extraordinary loss recorded.  Full Article

Nippon Air conditioning Services to set up subsidiary
Friday, 11 Mar 2016 01:40am EST 

Nippon Air conditioning Services Co., Ltd:To establish a wholly owned subsidiary named NACS Singapore Pte. Ltd. based in Singapore in March.New subsidiary to be engaged in investment, management and technology consultant.New subsidiary to be capitalized at S$1 million.  Full Article

Nippon Air conditioning Services to merge with Nikku-Mie
Friday, 12 Feb 2016 01:20am EST 

Nippon Air conditioning Services Co., Ltd:To merge with a Mie-based wholly owned subsidiary named Nikku-Mie on April 1.The subsidiary will dissolve after merger.  Full Article

Nippon Air conditioning Services to retire treasury shares
Friday, 12 Feb 2016 01:20am EST 

Nippon Air conditioning Services Co., Ltd:To retire 2,000,000 shares (10.05 pct stake) of its common stock on Feb. 29.Says the total shares outstanding will be 17,892,000 shares after the retirement.  Full Article

Nippon Air conditioning Services signs Share Purchase Agreement with Evar Air-conditioning & Engineering
Monday, 16 Nov 2015 03:00am EST 

Nippon Air conditioning Services Co., Ltd:To acquire 70,000 shares in Evar Air-conditioning & Engineering Pte Ltd, a Singapore-based company engaged in air-condition maintenance service business, from an individual on Nov. 30.To raise stake in the target company to 70 pct from 0 pct.  Full Article

Nippon Air conditioning Services to fully acquire three subsidiaries through share exchange
Friday, 30 Oct 2015 02:40am EDT 

Nippon Air conditioning Services Co., Ltd:Says to fully acquire three subsidiaries through share exchange, planned effective Dec. 21.One share of 85.75 pct owned Aichi-based subsidiary can be exchanged to 9 shares of the company.One share of 92.67 pct owned Toyama-based subsidiary can be exchanged to 11 shares of the company.One share of 92.50 pct owned Tokyo-based subsidiary can be exchanged to 10 shares of the company.  Full Article

Nippon Air conditioning Services acquires five subsidiaries
Friday, 16 Oct 2015 02:40am EDT 

Nippon Air conditioning Services Co., Ltd:Announces acquisition of 41,600 shares in its 51.1 pct owned Aichi-based subsidiary, and raised stake to 85.8 pct after transaction.Announces acquisition of 29,700 shares in its 50.5 pct owned Gifu-based subsidiary, and raised stake to 100 pct after transaction.Announces acquisition of 25,000 shares in its 51.0 pct owned Toyama-based subsidiary, and raised stake to 92.7 pct after transaction.Announces acquisition of 19,600 shares in its 51.0 pct owned Shizuoka-based subsidiary, and raised stake to 100 pct after transaction.Announces acquisition of 7,700 shares in its 54 pct owned Tokyo-based subsidiary, and raised stake to 92.5 pct after transaction.Says total transaction amount is 969 mln yen.Changes occurred on Oct. 16.  Full Article

Nippon Air conditioning Services to change subsidiary to branch
Friday, 14 Aug 2015 02:00am EDT 

Nippon Air conditioning Services Co., Ltd:To change wholly owned Mie Prefecture-based subsidiary nikku-mie, which is engaged in building facility maintenance, to Mie-based branch.Effective in April, 2016.  Full Article

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