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Starzen Co Ltd (8043.T)

8043.T on Tokyo Stock Exchange

4,580JPY
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¥-130 (-2.76%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Starzen signs business and capital alliance with Mitsui Co Ltd
Thursday, 12 May 2016 02:44am EDT 

Starzen Co Ltd <8043.T> : Says it has formed a business and capital alliance with Mitsui Co Ltd <8031.T> . Says through the business alliance, the two companies will work together on the overseas business expansion and development . Says through the capital alliance, Starzen will sell 1,333,300 shares to Mitsui, at the price of 3,191 yen per share, or 4,254,560,300 yen in all, through private placement . Says Mitsui will become the top share holder of Starzen, with 15,549 voting rights (16.69 percent), up from 2,216 voting rights (2.78 percent) .Effective date May 31.  Full Article

Starzen unit establishes jv in Japan
Wednesday, 13 Apr 2016 11:00pm EDT 

Starzen Co Ltd:Says unit established a jv in Japan with two individuals on April 14, for Japanese black cattle breeding production business.Says the jv capitalized at 6 mln yen and the unit holds 44 pct stake in it.  Full Article

Starzen to fully acquire subsidiary and to merge with subsidiary
Friday, 20 Nov 2015 12:30am EST 

Starzen Co Ltd:To fully aquire its 80 pct owned Tokyo-based subsidiary engaged in food inspection business, at price of 10 mln yen, on Nov. 26, and to raise stake in the subsidiary to 100 pct from 80 pct after the transaction.To merge with the subsidiary after completing the full acquisition, on Feb. 1.And the subsidiary to be dissolved after the transaction.  Full Article

Starzen raises consolidated mid-year revenue outlook for FY 2016
Thursday, 5 Nov 2015 01:00am EST 

Starzen Co Ltd:Says the company increased the consolidated mid-year outlook for revenue to 151,600 mln yen from 130,000 mln yen, for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to 1,160 mln yen from 1,200 mln yen.Ordinary profit forecast increased to 2,180 mln yen from 1,400 mln yen.Net profit forecast increased to 1,340 mln yen from 700 mln yen.Earnings per share increased to 166.91 yen from 87.28 yen.Says revenue outlook raised due to the sales promotion.  Full Article

Starzen adjusts conversion price for 1st series convertible bonds
Friday, 26 Jun 2015 03:00am EDT 

Starzen Co Ltd:Says it has adjusted the conversion price for the first series convertible bonds to 4,530 yen per share, from 453 per share.Effective date Oct. 1.  Full Article

Starzen to issue year-end dividend for FY 2015
Tuesday, 12 May 2015 01:00am EDT 

Starzen Co Ltd:To issue a year-end dividend of 8 yen per share to all the shareholders of record as of March 31, for FY ended March 2015.Payment date June 29.Says latest dividend forecast was 7 yen per share.  Full Article

More From Around the Web

BRIEF-Starzen to split food manufacturing business to unit

* Says it plans to transfer food manufacturing business to the unit which will be established on Feb. 1 in Tokyo