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Nippon Columbia Co Ltd (6791.T)

6791.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Faith Inc to fully acquire Nippon Columbia via stock swap
Tuesday, 28 Mar 2017 03:43am EDT 

Faith Inc <4295.T>: Says the co entered into agreement to fully acquire Nippon Columbia Co Ltd <6791.T> via stock swap . Says one share of Nippon Columbia will be exchanged into 0.59 share of the co . Says the merger effective Aug. 1 .Sees Nippon Columbia Co Ltd to be delisted from TSE first section on July 27.  Full Article

Nippon Columbia raises consolidated full-year outlook for FY 2016
Wednesday, 10 Feb 2016 02:00am EST 

Nippon Columbia Co Ltd:Says the company increased the consolidated full-year outlook for revenue to 12,800 mln yen from 12,000 mln yen, for the fiscal year ending March 31, 2016.Operating profit forecast increased to 1,100 mln yen from 510 mln yen.Ordinary profit forecast increased to 1,090 mln yen from 500 mln yen.Net profit forecast increased to 870 mln yen from 350 mln yen.Earnings per share increased to 64.50 yen from 29.95 yen.  Full Article

Nippon Columbia raises consolidated mid-year and full-year outlook for FY 2016
Monday, 2 Nov 2015 02:00am EST 

Nippon Columbia Co Ltd:Says the company raised the consolidated mid-year outlook for revenue to 6,281 million yen from 6,000 million yen for the fiscal year ending March 31, 2016.Sees an increase of mid-year operating profit forecast to 413 million yen from 280 million yen.Sees an increase of mid-year ordinary profit forecast to 413 million yen from 275 million yen.Sees an increase of mid-year net profit forecast to 308 million yen from 190 million yen.Sees an increase of mid-year earnings per share to 22.85 yen from 14.08 yen.Says the company raised the consolidated full-year outlook for revenue to 12,000 million yen from 11,500 million yen for the fiscal year ending March 31, 2016.Sees an increase of full-year operating profit forecast to 510 million yen from 120 million yen.Sees an increase of full-year ordinary profit forecast to 500 million yen from 105 million yen.Sees an increase of full-year net profit forecast to 350 million yen from 10 million yen.Sees an increase of full-year earnings per share to 25.95 yen from 0.74 yen.Comments that increased sales income is the main reason for the forecast.  Full Article

Nippon Columbia raises consolidated mid-year outlook for FY 2016
Friday, 4 Sep 2015 03:00am EDT 

Nippon Columbia Co Ltd:Says the company increased the consolidated mid-year outlook for revenue to 6,000 mln yen from 5,600 mln yen, for the fiscal year ending March 2016.Operating profit forecast increased to 280 mln yen from a loss of 100 mln yen.Ordinary profit forecast increased to 275 mln yen from a loss of 107 mln yen.Net profit forecast increased to 190 mln yen from a loss of 180 mln yen.Earnings per share increased to 14.08 yen from a loss of 13.34 yen.Comments the increased sales in core business, as well as cost reduction are the main reasons for the forecast.  Full Article

Nippon Columbia announces sub-subsidiary sold by subsidiary and expects extraordinary loss for Q1 of FY 2016
Tuesday, 30 Jun 2015 03:00am EDT 

Nippon Columbia Co Ltd:Says its U.S.-based subsidiary (CMEI) to sell sub-subsidiary (SLG) to Savoy Media Holdings, LLC at an undisclosed price on June 30.Says CMEI to cut stake in SLG to 0 pct from 100 pct.Says the company expects an extraordinary loss of 50 million yen recorded as loss on sale of sub-subsidiary due to the currency exchange, for Q1 of the fiscal year ending March 2016.  Full Article

Nippon Columbia to change auditor
Tuesday, 19 May 2015 06:00am EDT 

Nippon Columbia Co Ltd:To change auditor to Ernst & Young ShinNihon from Deloitte Touche Tohmatsu, effective June 24.  Full Article

Nippon Columbia amends consolidated full-year outlook for FY 2015
Tuesday, 28 Apr 2015 03:00am EDT 

Nippon Columbia Co Ltd:Says the company increased the consolidated full-year outlook for revenue to 12,629 million yen from 11,500 million yen for FY ended March 2015.Sees a decrease of operating profit forecast to - 895 million yen from - 680 million yen.Sees a decrease of ordinary profit forecast to -862 million yen from -670million yen.Sees a decrease of net profit forecast to -1,646 million yen from -1,030 million yen.Sees a decrease of earnings per share to -122.07 yen from -76.34 yen.Comments the sales increase and extraordinary loss are the main reasons for the forecast.  Full Article

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BRIEF-Faith Inc to fully acquire Nippon Columbia via stock swap

* Says the co entered into agreement to fully acquire Nippon Columbia Co Ltd via stock swap