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Cresco Ltd (4674.T)

4674.T on Tokyo Stock Exchange

2,825JPY
23 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Cresco to dissolve Shanghai software development unit
Monday, 29 Aug 2016 03:00am EDT 

Cresco Ltd <4674.T>:Says it plans to dissolve Shanghai-based software development unit in March, 2017.  Full Article

Cresco to fully buy N-System Corporation
Friday, 29 Jul 2016 12:26am EDT 

Cresco Ltd <4674.T>: Says it plans to buy 100 percent stake in N-System Corporation on Sept. 1 . Says N-System Corporation is engaged in system consulting, design, development and cloud service .Says acquisition price is not disclosed.  Full Article

Cresco raises consolidated full-year revenue outlook and year-end dividend forecast for FY 2016
Tuesday, 22 Mar 2016 09:30pm EDT 

Cresco Ltd:Says the company increased the consolidated full-year outlook for revenue to 28,600 mln yen from 27,600 mln yen, for the fiscal year ending March 31, 2016.Operating profit forecast increased to 2,400 mln yen from 2,300 mln yen.Ordinary profit forecast increased to 2,800 mln yen from 2,600 mln yen.Sees a decrease of net profit forecast to 1,660 mln yen from 1,780 mln yen.Sees a decrease of earnings per share to 146.96 yen from 158.07 yen.Says revenue outlook raised due to increased volume of development cases and cost reduction, and net profit outlook lowered due to the extraordinary loss in unit reorganization.Says it raised the year-end dividend forecast to 27 yen per share from 23 yen per share for the fiscal year ending March 2016.  Full Article

Cresco announces merger between subsidiaries
Monday, 25 Jan 2016 02:00am EST 

Cresco Ltd:Says subsidiary CRESCO e-Solution Co.,LTD. to merge subsidiary System Integration Service Co.,Ltd.System Integration Service Co.,Ltd. to be dissolved after merger.Planned effective April 1.  Full Article

Cresco raises consolidated mid-year and full-year outlook for FY 2016
Monday, 26 Oct 2015 03:00am EDT 

Cresco Ltd:Says the company increased the consolidated mid-year outlook for revenue to 13,820 mln yen from 13,200 mln yen, for the fiscal year ending March 31, 2106.Operating profit forecast increased to 1,210 mln yen from 1,040 mln yen.Ordinary profit forecast increased to 1,410 mln yen from 1,130 mln yen.Net profit forecast increased to 1,017 mln yen from 745 mln yen.Earnings per share increased to 90.31 yen from 67.78 yen.Says the company increased the consolidated full-year outlook for revenue to 27,600 mln yen from 27,000 mln yen, for the fiscal year ending March 31, 2106.Operating profit forecast increased to 2,300 mln yen from 2,200 mln yen.Ordinary profit forecast increased to 2,600 mln yen from 2,400 mln yen.Net profit forecast increased to 1,780 mln yen from 1,570 mln yen.Earnings per share increased to 158.07 yen from 142.84 yen.Comments the increased development projects, decreased sale cost and general cost are the main reasons for the forecast.  Full Article

Cresco to acquire shares of MediaMagic
Monday, 28 Sep 2015 03:00am EDT 

Cresco Ltd:To acquire 130 shares (65 pct stake) of Osaka-based company MediaMagic from two individuals on Oct. 1.  Full Article

Cresco announces exercise of options
Friday, 24 Jul 2015 12:00am EDT 

Cresco Ltd:Says 150,000 units of its second series options were exercised to 150,000 shares of its common stock on July 24.Says the shares were exercised at the price of 270,000,000 yen in all.  Full Article

Cresco announces exercise of options
Thursday, 11 Jun 2015 10:00pm EDT 

Cresco Ltd:Says 50,000 units of its first series options were exercised to 50,000 shares of its common stock on June 12.Says the shares were exercised at the price of 1,800 yen per share, 90 million yen in total.  Full Article

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