Key Developments: Tomy Co Ltd (7867.T)
484JPY
24 May 2013
¥8 (+1.68%)
¥504
¥478
¥489
¥476
708,200
417,967
¥542
¥405
Latest Key Developments (Source: Significant Developments)
TOMY CO LTD Amends Full-year Consolidated Outlook and Year-end Dividend Forecast for FY 2013
TOMY CO LTD announced that has raised its full-year consolidated outlook for revenue from JPY 170,000 million to JPY 175,000 million, and lowered its full-year consolidated outlook for operating profit from JPY 5,100 million to JPY 2,300 million, ordinary profit from JPY 4,300 million to JPY 1,900 million, net profit (loss) from JPY 600 million to JPY (7,100 million), and amended its full-year consolidated outlook for earnings (loss) per share from JPY 6.37 to an undetermined value, for the fiscal year ending March 31, 2013. The Company raised its full-year consolidated outlook for revenue mainly due to the increase in wholesale volume of television game and software, and lowered its full-year consolidated outlook for operating profit, ordinary profit and net profit mainly due to the decrease in sales of toys and clothes, and the extraordinary losses. According to I/B/E/S Estimates, analysts on average are expecting the Company to report its full-year consolidated outlook for revenue of JPY 167,200 million, operating profit of JPY 4,560 million and net profit of JPY 100 million, for the same fiscal year. The Company lowered its year-end dividend forecast from JPY 7 per share to JPY 3 per share, for the same fiscal year. Full Article
TOMY CO LTD Announces Result of Early Retirement Program; Expects Extraordinary Losses for Q4 of FY 2013
TOMY CO LTD announced the result of its early-retirement program, which was offered during the period from February 12, 2013 to March 19, 2013. 138 of its employees took the offer and will retire on March 20, 2013. As a result, the Company expects the extraordinary loss of JPY 1,020 million caused by retirement payment, and also expects the extraordinary loss of JPY 5,870 million for impairment loss on assets of subsidiary, and extraordinary loss of JPY 540 million for retirement payment by subsidiary and others, for the fourth quarter of fiscal year ending March 31, 2013. Full Article
TOMY CO LTD to Offer Early Retirement Program
TOMY CO LTD announced that it plans to offer an early-retirement program to its employees and its subsidiaries' employees. The early-retirement program, which is offered during the period of February 12, 2013 to March 19, 2013, will include severance pay and outplacement support. The Company expects approximately 150 employees to take up the offer. Those who take up the offer are expected to retire on March 30, 2013. Full Article
TOMY CO LTD Lowers Full-year Consolidated Outlook for FY 2013; Reaffirms Mid-term and Year-end Dividend Forecasts for FY 2013
TOMY CO LTD announced that it has lowered its full-year consolidated outlook for revenue from JPY 190,000 million to JPY 170,000 million, operating profit from JPY 10,000 million to JPY 5,100 million, ordinary profit from JPY 9,300 million to JPY 4,300 million, net profit from JPY 5,000 million to JPY 600 million, and earnings per share from JPY 53.11 to JPY 6.37, for the fiscal year ending March 31, 2013. The Company lowered its full-year consolidated outlook mainly due to the decrease in sales of hobby products for boys and decrease in overseas sales. According to I/B/E/S Estimates, analysts on average are expecting the Company to report its full-year consolidated outlook for revenue of JPY 183,060 million, operating profit of JPY 8,620 million and net profit of JPY 4,320 million, for the same fiscal year. The Company also has reaffirmed its mid-term dividend forecast of JPY 7 per share and year-end dividend forecast of JPY 7 per share, for the same fiscal year. Full Article
TOMY CO LTD Raises Consolidated Mid-year Outlook for FY 2013
TOMY CO LTD announced that it has raised its consolidated mid-year outlook for revenue from JPY 81,000 million to JPY 83,496 million, operating profit from JPY 650 million to JPY 1,112 million, ordinary profit from JPY 250 million to JPY 784 million, net profit from a loss of JPY 900 million to a loss of JPY 184 million and earning per share from a loss of JPY 9.56 to a loss of JPY 1.96, for the fiscal year ending March 2013. The Company raised the outlook due to the increased sales and the extraordinary profit on negative goodwill in its subsidiary, among others. Full Article
TOMY CO LTD Lowers Consolidated Mid-year Outlook for FY Ending March 2013
TOMY CO LTD announced that it has lowered its consolidated mid-year outlook for revenue from JPY 87,000 million to JPY 81,000 million, operating profit from JPY 3,000 million to JPY 650 million, ordinary profit from JPY 2,600 million to JPY 250 million, net profit (loss) from JPY 1,200 million to JPY (900 million) and earning per share from JPY 12.75 to an undetermined value for the fiscal year ending March 2013. This is due to the decreased sale of toy business in domestic market. Full Article
Tomy Company, Ltd. Revises Conversion Price of Convertible Bonds
Tomy Company, Ltd. announced that it has revised the conversion price of its 2014 due Euro Yen-denominated convertible bonds from JPY 613 per share to JPY 565.70 per share, applicable from June 11, 2012. Full Article
Tomy Company, Ltd. Lowers Consolidated Full-year Outlook for FY 2012
Tomy Company, Ltd. announced that it has lowered the consolidated full-year outlook for revenue from JPY 200,000 million to JPY 186,000 million, operating profit from JPY 11,700 million to JPY 10,000 million, ordinary profit from JPY 10,700 million to JPY 9,000 million, net profit from JPY 6,200 million to JPY 3,200 million and earning per share from JPY 65.86 to JPY 33.99 for the fiscal year ending March 31, 2012. The negative outlook is mainly due to decrease of sales of toy, as well as increase of costs, and record of losses. According to I/B/E/S Estimates, analysts on average were expecting the Company to report full-year revenue of JPY 190.90 billion, operating profit of JPY 10.98 billion and net income of JPY 5.83 billion. Full Article
Tomy Company, Ltd. Announces Changes in Convertible Bonds
Tomy Company, Ltd. announced that there were some changes in the convertible bonds which were issued on March 23, 2007. The maturity changed to February 15, 2016, and the conversion subscription period is March 23, 2008 to February 12, 2016. Full Article
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