Key Developments: Aderans Co Ltd (8170.T)
1,365JPY
19 Jun 2013
¥16 (+1.19%)
¥1,349
¥1,367
¥1,374
¥1,344
94,900
165,332
¥1,716
¥890
Latest Key Developments (Source: Significant Developments)
Aderans Co Ltd to Issue Year-end Dividend for FY 2013
Aderans Co Ltd announced that it has decided to issue a year-end dividend payment of JPY 10 per share (JPY 368 million in total), from its latest dividend forecast of an undetermined value announced on October 11, 2012, to all its shareholders as a record of February 28, 2013. The dividend will be paid on May 24, 2013. Full Article
Aderans Co Ltd Completes Acquisition of HC (USA) Inc. from Regis Corporation
Aderans Co Ltd announced that it has completed the acquisition of 29,176 shares (a 100% stake) of HC (USA) Inc., which is a subsidiary of Regis Corporation and offers hair loss products and services, for USD 163.5 million, effective April 9, 2013. Full Article
Aderans Co Ltd Raises Full-year Consolidated Outlook and Cancels Mid-term Dividend Payment for FY 2013
Aderans Co Ltd announced that it has raised its full-year consolidated outlook for revenue from JPY 50,000 million to JPY 50,700 million, operating profit from JPY 2,000 million to JPY 3,500 million, ordinary profit from JPY 2,100 million to JPY 3,500 million, net profit from JPY 1,000 million to JPY 3,000 million, and earnings per share from JPY 27.17 to JPY 81.50, for the fiscal year ending February 28, 2013. The Company raised its full-year consolidated outlook mainly due to the revaluation of advertisement cost. 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 51,500 million, operating profit of JPY 3,400 million and net profit of JPY 2,800 million, for the same fiscal year. The Company also has cancelled its mid-term dividend payment, which was announced as an undetermined value on April 12, 2012, for the fiscal year ending February 28, 2013. Full Article
Aderans Co Ltd's Sub-subsidiary to Acquire Le Nouvel Espace Beaute SA
Aderans Co Ltd announced that its sub-subsidiary, Aderans Grance ASA, has decided to acquire 5,000 shares (100% stake) of Le Nouvel Espace Beaute SA from two individuals, for EUR 6,317,000, on September 7, 2012. Full Article
Regis Corporation Announces Sale Of Hair Club for Men and Women For $163.5 Million To Aderans Co., Ltd.
Regis Corporation announced that it has entered into a definitive agreement with Aderans Co., Ltd. to sell Hair Club for Men and Women (Hair Club), its subsidiary offering hair loss products and services. Under the terms of the agreement, Regis will receive $163.5 million in cash. The transaction is expected to close in the third or fourth quarter of calendar 2012. BofA Merrill Lynch is acting as exclusive financial advisor and O’Melveny & Myers LLP is acting as legal advisor to Regis in connection with the transaction. Full Article
Aderans Co., Ltd. Raises Consolidated Full-year Outlook for FY 2012
Aderans Co., Ltd. announced that it has raised the consolidated full-year outlook for revenue from JPY 47,219 million to JPY 47,300 million, operating profit from JPY 104 million to JPY 1,800 million, ordinary profit from JPY 171 million to JPY 1,600 million, net profit (loss) from JPY (1,397 million) to JPY 400 million and earning per share (loss) from JPY (37.95) to JPY 10.87 for the fiscal year ending February 29, 2012. The positive outlook is mainly due to the increase of sales, as well as decrease of management and sale costs. Full Article
Aderans Co., Ltd. Announces Result of Early-retirement Program
Aderans Co., Ltd. announced that 466 employees have taken up the offer of the early-retirement program, which was announced on May 30, 2011. The retirement date is August 31, 2011. Full Article
Aderans Co., Ltd. Issues Consolidated Mid-year and Full-year Guidance for FY 2012
Aderans Co., Ltd. announced that it has issued the consolidated mid-year guidance for revenue of JPY 22,602 million, operating profit of JPY 19 million, ordinary profit of JPY 53 million, net profit (loss) of JPY (911 million) and earning (loss) per share of JPY (24.75) for the fiscal year ending February 29, 2012. The Company has issued the consolidated full-year guidance for revenue of JPY 47,219 million, operating profit of JPY 104 million, ordinary profit of JPY 171 million, net profit (loss) of JPY (1,397 million) and earning (loss) per share of JPY (37.95) for the fiscal year ending February 29, 2012. Full Article
Aderans Co., Ltd. Changes Company Name
Aderans Co., Ltd. announced that it has changed its company name from Unihair Company Limited into Aderans Co., Ltd., effective July 1, 2011. Full Article
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