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Best Denki Co Ltd (8175.T)

8175.T on Tokyo Stock Exchange

164JPY
9:31pm EDT
Change (% chg)

¥4 (+2.50%)
Prev Close
¥160
Open
¥162
Day's High
¥164
Day's Low
¥161
Volume
426,600
Avg. Vol
436,131
52-wk High
¥168
52-wk Low
¥98

Latest Key Developments (Source: Significant Developments)

Yamada Denki to fully acquire Best Denki through stock swap
Wednesday, 12 Apr 2017 02:05am EDT 

Yamada Denki Co Ltd <9831.T>: Says it will fully acquire Best Denki Co Ltd <8175.T> through stock swap effective July 1 . For the stock swap, one share of Best Denki's stoke will be exchanged for 0.28 shares of Yamada Denki's stoke . 22,835,807 shares of Best Denki's stock will be exchanged .Best Denki will be delisted from Tokyo Stock Exchange and Fukuoka Stock Exchange effective June 28 (last trading date will be June 27).  Full Article

Best Denki to issue year-end dividend for FY 2016
Wednesday, 13 Apr 2016 02:00am EDT 

Best Denki Co Ltd:To issue a year-end dividend of 1 yen per share to all the shareholders of record as of Feb. 28, for FY ended Feb. 2016.Payment date May 27.Says latest dividend forecast was 1 yen per share.  Full Article

Best Denki amends consolidated full-year outlook for FY 2016
Tuesday, 12 Apr 2016 02:00am EDT 

Best Denki Co Ltd:Says the company increased the consolidated full-year outlook for revenue to 170,512 million yen from 170,000 million yen for FY ended Feb. 2016.Operating profit forecast increased to 2,071 million yen from 1,300 million yen.Ordinary profit forecast increased to 2,590 million yen from 1,850 million yen.Net profit forecast decreased to 1,694 million yen from 1,900 million yen.Earnings per share decreased to 9.95 yen from 11.16 yen.Says costs reduction and loss from closing down of shops as reasons.  Full Article

Best Denki revises consolidated full-year outlook for FY 2016
Wednesday, 13 Jan 2016 01:00am EST 

Best Denki Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 170,000 mln yen from 175,000 mln yen for the fiscal year ending Feb. 29, 2016.Operating profit forecast increased to 1,300 mln yen from 900 mln yen.Ordinary profit forecast increased to 1,850 mln yen from 1,700 mln yen.Confirms the net profit forecast at 1,900 mln yen.Confirms the earnings per share at 11.16 yen.Operating profit and ordinary profit outlook raised due to the increased gross margin rate and cost reduction.  Full Article

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BRIEF-Yamada Denki to fully acquire Best Denki through stock swap

* Says it will fully acquire Best Denki Co Ltd through stock swap effective July 1