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Zensho Holdings Co Ltd (7550.T)

7550.T on Tokyo Stock Exchange

1,935JPY
1 Dec 2016
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Latest Key Developments (Source: Significant Developments)

Zensho Holdings' beef bowl unit likely to earn operating profit of nearly 9 bln yen for FY ending in March 2017 - Nikkei
Tuesday, 24 May 2016 01:51pm EDT 

Nikkei:Zensho Holdings' beef bowl business likely to earn operating profit of nearly 9 bln yen ($81.8 mln) for fiscal year ending in March 2017 - Nikkei.  Full Article

Zensho likely earned group net profit of 4 bln yen for year ended in March - Nikkei
Wednesday, 11 May 2016 01:35pm EDT 

Nikkei: Zensho Holdings likely earned a group net profit of 4 billion yen ($36.8 million) for the year ended in March - Nikkei . Zensho's improved margin seen roughly quintupling operating profit for year ended in March to around 12 bln yen as planned - Nikkei .Zensho's sales for year ended in March likely rose roughly 3% to just over 520 billion yen, short of the projected 546.7 billion yen - Nikkei.  Full Article

Zensho Holdings to fully acquire unit via stock swap
Tuesday, 9 Feb 2016 01:00am EST 

Zensho Holdings Co Ltd:To fully acquire its Tokyo-based 54.96 pct owned unit (target company) through stock swap, with effective on March 17.One share of target company's stock will be exchanged with 0.035 share of the co's stock.1,040,445 shares of the co's stock will be exchanged.To hold a 100 pct stake in target company after the transaction.  Full Article

Zensho Holdings to dissolve America-based wholly owned subsidiary
Thursday, 19 Mar 2015 02:30am EDT 

Zensho Holdings Co Ltd:To dissolve wholly owned subsidiary, Zensho America Corporation, which is engaged in the North America related business in America.Liquidation will be completed in May 2015.  Full Article

Zensho Holdings raises consolidated full-year outlook for FY 2015
Tuesday, 17 Mar 2015 02:00am EDT 

Zensho Holdings Co Ltd:Says the company increased the consolidated full-year outlook for revenue to 511,306 million yen from 509,291 million yen for the fiscal year ending March 31, 2015.Operating profit forecast increased to 2,665 million yen from a loss of 1,774 million yen.Ordinary profit forecast increased to 2,377 million yen from a loss of 2,411 million yen.Net profit forecast decreased to a loss of 10,290 million yen from a loss of 7,534 million yen.Earnings per share decreased to a loss of 70.48 yen from a loss of 50.71 yen.FY 2015 revenues of 511.90 billion yen, net profit of a loss of 6.40 billion yen – Thomson Reuters I/B/E/S.Comments that increased sales of stores during night shift, as well as the recording of 14.6 bln yen loss on sales of subsidiary's shares as extraordinary loss are the main reasons for the forecast.  Full Article

Zensho Holdings to sell shares of sub-subsidiary and expects extraordinary loss for FY 2015
Tuesday, 17 Mar 2015 02:00am EDT 

Zensho Holdings Co Ltd:Wholly owned subsidiary Zensho America Corporation to sell 10,000 shares of wholly owned sub-subsidiary Catalina Restaurant Group Inc., which is engaged in the operation of family dining restaurant in America, to Alamo CRG, LLC for $10.Effective date March 31.After the transaction, Zensho America Corporation will hold no stake in Catalina Restaurant Group Inc., down from 100 pct.Expects to record 14.6 bln yen loss on sales of sub-subsidiary's shares as extraordinary loss for the fiscal year ending March 2015.  Full Article

BRIEF-Zensho Holdings to raise stake in food supermarket firm to 97.1 pct from 0 pct

* Says it plans to raise stake in Gunma-based firm, which is engaged in food supermarket and delicatessen business, to 97.1 percent from 0 percent