Key Developments: Happinet Corp (7552.T)
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Latest Key Developments (Source: Significant Developments)
HAPPINET CORP Announces Retirement of Chairman and CEO
HAPPINET CORP announced that Hiroshi Kawai will retire from the position of Chairman of the Board, Chief Executive Officer and Representative Director, effective June 22, 2013. Full Article
HAPPINET CORP Lowers Consolidated Mid-year and Full-year Outlook for FY 2013
HAPPINET CORP announced that it has lowered the consolidated mid-year outlook for revenue from JPY 90,000 million to JPY 75,000 million, operating profit from JPY 1,900 million to JPY 1,000 million, ordinary profit from JPY 2,000 million to JPY 1,050 million and net profit from JPY 1,200 million to JPY 700 million for the fiscal year ending March 31, 2013. The Company has also lowered the consolidated full-year outlook for revenue from JPY 200,000 million to JPY 170,000 million, operating profit from JPY 4,300 million to JPY 2,900 million, ordinary profit from JPY 4,500 million to JPY 3,000 million and net profit from JPY 2,500 million to JPY 1,800 million for the fiscal year ending March 31, 2013. The negative outlook is mainly due to low consuming demand for its toy and amusement businesses, as well as audio and video game business. Full Article
Happinet Corporation Raises Year-end Dividend Outlook for FY Ending March 2012
Happinet Corporation announced that it has raised its year-end dividend outlook from JPY 11.25 per share, which was announced on February 9, 2012, to JPY 16.25 per share, (JPY 11.25 per share of a common dividend and JPY 5.00 per share of a bonus dividend), for the fiscal year ending March 2012. Full Article
Happinet Corporation Raises Consolidated Full-year Outlook for FY 2012
Happinet Corporation announced that it has raised the consolidated full-year outlook for revenue from JPY 192,000 million to JPY 198,000 million, operating profit from JPY 3,100 million to JPY 4,800 million, ordinary profit from JPY 3,200 million to JPY 4,900 million, net profit from JPY 1,600 million to JPY 2,300 million and earning per share from JPY 71.42 to JPY 102.67 for the fiscal year ending March 31, 2012. The positive outlook is mainly due to increase of sales of toy business and amusement business. Full Article
Happinet Corporation Announces Partial Change to Article of Incorporation of Authorized Share Number; Affirms Mid-year and Lowers Year-end Dividend Forecasts for FY 2012
Happinet Corporation announced that it has received approval from its Board of Directors to make partial change to its article of incorporation December 1, 2011, subjected to the shareholders approval during the shareholders meeting on November 1, 2011. Based on change to article six, the Company will increase the number of its total number of authorized shares from 32,000,000 shares to 64,000,000 shares. Therefore, the Company has lowered the year-end dividend forecast from JPY 22.5 per share, disclosed on August 10, 2011, to JPY 11.25 per share, for the fiscal year ending March 2012. The Company has affirmed the mid-year dividend at JPY 22.5 per share for the fiscal year ending March 2012. Full Article
Happinet Corporation Raises Consolidated Mid-year Outlook for FY 2012
Happinet Corporation announced that it has raised its consolidated mid-year outlook for revenue from JPY 86,000 million to JPY 88,000 million, operating profit from JPY 1,700 million to JPY 2,250 million, ordinary profit from JPY 1,800 million to JPY 2,350 million, net profit from JPY 1,100 million to JPY 1,450 million and earning per share from JPY 98.20 to JPY 129.45, for the fiscal year ending March 2012. The Company raised the outlook due to the increased sales, among others. Full Article
Happinet Corporation Amends Consolidated Mid-year Outlook for FY 2012; Raises Mid-year and Year-end Dividend Forecast for FY 2012
Happinet Corporation announced that it has reaffirmed the consolidated mid-year outlook for revenue at JPY 86,000 million, but has raised the consolidated mid-year outlook for operating profit from JPY 1,350 million to JPY 1,700 million, ordinary profit from JPY 1,400 million to JPY 1,800 million and net profit from JPY 750 million to JPY 1,100 million for the fiscal year ending March 31, 2012. The positive profit outlook is mainly due to the decrease of management cost, as well as more-than-expected sales of toy automatic selling machine materials. The Company has also raised the mid-year dividend forecast from JPY 15 per share, which was disclosed on May 11, 2011, to JPY 22.5 per share, and has also raised the year-end dividend forecast from JPY 15 per share, which was disclosed on May 11, 2011, to JPY 22.5 per share, for the fiscal year ending March 31, 2012. Full Article
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