Edition:
United States

Watami Co Ltd (7522.T)

7522.T on Tokyo Stock Exchange

1,284JPY
21 Apr 2017
Change (% chg)

¥20 (+1.58%)
Prev Close
¥1,264
Open
¥1,265
Day's High
¥1,285
Day's Low
¥1,263
Volume
63,100
Avg. Vol
78,901
52-wk High
¥1,393
52-wk Low
¥913

Latest Key Developments (Source: Significant Developments)

Watami Co Ltd's total sales apparently fell 30% to around 74 billion yen for April-Dec period- Nikkei
Wednesday, 8 Feb 2017 12:27pm EST 

Nikkei : Watami apparently turned its first group pretax profit for the April-December period since 2013 - nikkei . Watami Co Ltd is expected to maintain guidance of 200 million yen in net profit for the year ending in march - nikkei . Watami Co Ltd's total sales apparently fell 30% to around 74 billion yen for the April-December period- nikkei .Watami Co Ltd looks to have logged operating loss of around 100 mln yen for April-Dec period compared with operating loss of 494 mln yen a year earlier - nikkei.  Full Article

WATAMI subsidiary to sell stake in sub-subsidiaries
Wednesday, 9 Mar 2016 03:00am EST 

WATAMI CO LTD:Subsidiary Watami Farm & Energy Co., Ltd. to sell entire stake in a Sapporo-based solar power generation sub-subsidiary and a Hokkaido-based sub-subsidiary to CSS Co., Ltd at 500,000 yen.  Full Article

WATAMI expects extraordinary profit for Q3 of FY 2016
Wednesday, 10 Feb 2016 01:00am EST 

WATAMI CO LTD:Says it expects an extraordinary profit of 15,126 mln yen recorded as gain on sale of equities in unit for Q3 of fiscal year ending March 2016.  Full Article

WATAMI raises year-end dividend forecast for FY 2016
Monday, 23 Nov 2015 10:00pm EST 

WATAMI CO LTD:Raises year-end dividend forecast to 10 yen per share from 0 yen, for the fiscal year ending March 2016.  Full Article

WATAMI amends consolidated full-year outlook for FY 2016
Wednesday, 11 Nov 2015 01:00am EST 

WATAMI CO LTD:Says the company lowered the consolidated full-year outlook for revenue to 127,000 million yen from 148,800 million yen for FY ending March 2016.Sees a decrease of operating profit forecast to 0 yen from 1,300 million yen.Sees a decrease of ordinary profit forecast to -800 million yen from 500 million yen.Sees an increase of net profit attributable to parent company's shareholders forecast to 13,000 million yen from 1,000 million yen.Sees an increase of earnings per share to 348.10 yen from 26.77 yen.Comments the sales decrease and gain on sale of securities are the main reasons for the forecast.  Full Article

WATAMI to merge wholly owned subsidiary
Friday, 2 Oct 2015 04:00am EDT 

WATAMI CO LTD:Says to merge a wholly owned Tokyo-based subsidiary Watami Food Systems Co.,Ltd.Says Watami Food Systems Co.,Ltd. to be dissolved after merger.Planned effective Dec. 1.  Full Article

Sompo Japan Nipponkoa Holdings, Inc to fully acquire Watami no KAIGO from WATAMI
Friday, 2 Oct 2015 04:00am EDT 

Sompo Japan Nipponkoa Holdings, Inc:To acquire 64,429 shares (100 pct voting rights) in Tokyo-based company Watami no KAIGO from WATAMI.Transaction amount expected at 21,000 mln yen.Planned effective Dec. 1.  Full Article

WATAMI revises consolidated full-year outlook for FY 2015 and expects extraordinary loss for FY 2015
Tuesday, 12 May 2015 04:00am EDT 

WATAMI CO LTD:Says the company raised the consolidated mid-year outlook for revenue to 155,310 million yen from 152,000 million yen for FY ended March 2015.Sees a decrease of operating profit forecast to -2,070 million yen from -1,300 million yen.Sees a decrease of ordinary profit forecast to -3,410 million yen from -2,500 million yen.Sees a decrease of net profit forecast to -12,650 million yen from -7,000 million yen.Sees a decrease of earnings per share to -338.76 yen from -187.46 yen.Comments the sales increase of overseas food service business due to foreign exchange, extraordinary loss and rising costs are the main reasons for the forecast.Says it expects an extraordinary loss of 6.9 billion yen for FY ended March 2015.Says the loss is recorded for the impairment loss and amortization of goodwill.  Full Article

More From Around the Web

BRIEF-Watami Co Ltd's total sales apparently fell 30% to around 74 billion yen for April-Dec period- Nikkei

* Watami apparently turned its first group pretax profit for the April-December period since 2013 - nikkei