Edition:
United States

Sato Restaurant Systems Co Ltd (8163.T)

8163.T on Tokyo Stock Exchange

891JPY
24 Mar 2017
Change (% chg)

¥2 (+0.22%)
Prev Close
¥889
Open
¥890
Day's High
¥892
Day's Low
¥886
Volume
114,600
Avg. Vol
52,989
52-wk High
¥899
52-wk Low
¥756

Latest Key Developments (Source: Significant Developments)

Sato Restaurant Systems to set up unit as successor preparatory company on April 11
Tuesday, 14 Mar 2017 02:19am EDT 

Sato Restaurant Systems Co Ltd <8163.T> :Says it decides to set up wholly owned unit in Osaka as successor preparatory company for co's transition to holding company, on April 11.  Full Article

Sato Restaurant Systems sets unit and business transfer date on April 1
Monday, 27 Feb 2017 01:00am EST 

Sato Restaurant Systems Co Ltd <8163.T> : Says it plans to transfer unit and business to Umenohana on April 1 .Says previous plan was disclosed on Feb. 14.  Full Article

Sato Restaurant Systems to buy back 17,902,000 shares
Tuesday, 8 Nov 2016 01:30am EST 

Sato Restaurant Systems Co Ltd <8163.T>: Says it plans to buy back 17,902,000 shares (6.01 percent stake) from Nov. 8, 2016 to Jan. 7, 2017 .Says total repurchase prices will up to T$5,512,737,397.  Full Article

Sato Restaurant Systems to fully acquire UG UTSUNOMIYA corp and Two Six for 2,513 mln yen
Tuesday, 2 Aug 2016 02:15am EDT 

Sato Restaurant Systems Co Ltd <8163.T>: Says it will purchase 100 shares of Two Six for 573 million yen . Says it will purchase 101 shares of UG UTSUNOMIYA corp for 1,940 million yen . Says it will hold 100 percent stake in the two companies respectively .Effective date Sep. 1.  Full Article

Sato Restaurant Systems to buy two firms
Friday, 1 Jul 2016 02:00am EDT 

Sato Restaurant Systems Co Ltd <8163.T>: Says the co will sign contract with UG UTSUNOMIYA Corp, to buy its unit which is engaged in restaurant business, based in Osaka .Says the co will buy a Nagoya-based company, which is engaged in leasing business of commercial buildings.  Full Article

SATO RESTAURANT SYSTEMS lowers consolidated full-year outlook for FY 2016
Thursday, 28 Apr 2016 02:00am EDT 

SATO RESTAURANT SYSTEMS CO LTD:Says the company lowered the consolidated full-year outlook for revenue to 40,061 mln yen from 40,900 mln yen for the fiscal year ended March 31, 2016.Sees a decrease of operating profit forecast to 542 mln yen from 1,260 mln yen.Sees a decrease of ordinary profit forecast to 361 mln yen from 1,220 mln yen.Sees a decrease of net profit forecast to 6 mln yen from 490 mln yen.Sees a decrease of earnings per share to 0.21 yen from 15.29 yen.Comments the market condition, delay for launch of new stores and increased cost are the main reasons for the forecast.  Full Article

SATO RESTAURANT SYSTEMS completes full acquisition of Taiwan-based firm
Friday, 26 Feb 2016 01:00am EST 

SATO RESTAURANT SYSTEMS CO LTD:Completes full acquisition of a Taiwan-based firm engaged in restaurant related business for T$14,309,000, on Feb. 26.Says the newly acquired company to be renamed as SRS Taiwan Company Limited.  Full Article

SATO RESTAURANT SYSTEMS announces food-poisoning incident
Friday, 29 Jan 2016 10:30pm EST 

SATO RESTAURANT SYSTEMS CO LTD:Says five customers of its Nara-based restaurant had symptom of food poisoning (caused by norovirus) on Jan. 24.Says the restaurant was ordered to suspend operation for three days from Jan. 30 to Feb. 1.  Full Article

SATO RESTAURANT SYSTEMS announces shares price
Monday, 25 May 2015 04:00am EDT 

SATO RESTAURANT SYSTEMS CO LTD:To issue 5,000,000 shares at 868.44 yen per share through public offering, with subscription period from May 26 to May 27 and payment date on June 1.  Full Article

SATO RESTAURANT SYSTEMS to issue shares
Friday, 15 May 2015 03:00am EDT 

SATO RESTAURANT SYSTEMS CO LTD:To issue 5,000,000 shares at undetermined price through public offering, with payment period from June 1 to June 3.Proceeds to be used for investment in new stores, overseas companies and fundamental system, as well as loan repayment.  Full Article

More From Around the Web

BRIEF-Sato Restaurant Systems to set up unit as successor preparatory company on April 11

* Says it decides to set up wholly owned unit in Osaka as successor preparatory company for co's transition to holding company, on April 11