Key Developments: Oriental Land Co Ltd (4661.T)
14,580JPY
23 May 2013
¥-580 (-3.83%)
¥15,380
¥15,110
¥15,290
¥14,570
611,700
400,085
¥16,290
¥8,300
Latest Key Developments (Source: Significant Developments)
ORIENTAL LAND CO LTD’s Subsidiary to Acquire Shares in Japan-based Company from Haseko Corp
ORIENTAL LAND CO LTD announced that its wholly owned subsidiary MILIAL RESORT HOTELS Co., Ltd. has decided to acquire 439,800 shares (a 100.00% stake) in a Japan-based company engaged in operation of hotels, from Haseko Corp on March 29, 2013. The transaction price is not disclosed. Full Article
R&I Affirms Oriental Land Co., Ltd.'s Rating at "AA-"; Rating Outlook Stable
Rating and Investment Information, Inc. (R&I) announced that it has affirmed the rating on Oriental Land Co., Ltd. at "AA-". The rating outlook is stable. Full Article
ORIENTAL LAND CO LTD Raises Consolidated Mid-year and Full-year Guidance for FY 2013; Raises Mid-year and Year-end Dividend Forecasts for FY 2013
ORIENTAL LAND CO LTD announced that the Company has raised the consolidated mid-year guidance for revenue from JPY 176,420 million to JPY 188,380 million, operating profit from JPY 28,270 million to JPY 39,080 million, ordinary profit from JPY 28,090 million to JPY 39,140 million, net profit from JPY 17,500 million to JPY 25,530 million and earning per share from JPY 209.77 to JPY 305.98 for the fiscal year ending March 31, 2013. The Company has also raised the consolidated full-year guidance for revenue from JPY 369,440 million to JPY 385,410 million, operating profit from JPY 65,160 million to JPY 75,680 million, ordinary profit from JPY 64,350 million to JPY 75,060 million, net profit from JPY 40,000 million to JPY 48,350 million and earning per share from JPY 479.48 to JPY 579.44 for the fiscal year ending March 31, 2013. The Company raised the consolidated mid-year and full-year outlook due to recovery of business performance. The Company has raised the mid-year dividend forecast from JPY 50 per share to JPY 60 per share, as well as year-end dividend forecast from JPY 50 per share to JPY 60 per share for the fiscal year ending March 31, 2013. Full Article
R&I Affirms Oriental Land Co., Ltd.'s Rating at "AA-"; Rating Outlook Stable
Rating and Investment Information, Inc. (R&I) announced that it has affirmed the rating on Oriental Land Co., Ltd. at "AA-". The rating outlook is stable. Full Article
Oriental Land Co., Ltd. to Sell Shares through Private Placement
Oriental Land Co., Ltd. announced that it has decided to sell 300,600 shares of its common stock at the price of JPY 7,982 per share to Trust & Custody Services Bank, Ltd.((trust account), through a private placement on December 22, 2011. The proceeds will be used to acquire commodities in theme park business. Full Article
Oriental Land Co., Ltd. Issues FY 2012 Outlook; Amends Midterm and Year-end Dividend Outlook for FY Ending March 2012
Oriental Land Co., Ltd. announced that it has issued its consolidated full-year outlook for revenue of JPY 343,170 million, operating profit of JPY 55,800 million, ordinary profit of JPY 55,010 million, net profit of JPY 29,410 million and earning per share of JPY 352.57 for the fiscal year ending March 31, 2012. The Company also amended its midterm and year-end dividend outlook from an undetermined value, to JPY 50 per share, respectively, for the same fiscal year. Full Article
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