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Sagami Co Ltd (8201.T)

8201.T on Tokyo Stock Exchange

130JPY
24 Mar 2017
Change (% chg)

¥1 (+0.78%)
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¥129
Open
¥129
Day's High
¥130
Day's Low
¥128
Volume
65,000
Avg. Vol
387,456
52-wk High
¥206
52-wk Low
¥73

Latest Key Developments (Source: Significant Developments)

AG No.2 Investment Limited Partnership acquires 21.99 mln shares of Sagami via ToB
Tuesday, 11 Oct 2016 10:17pm EDT 

Sagami Co Ltd <8201.T>: Says AG No.2 Investment Limited Partnership acquired 21.99 million shares of Sagami via ToB, during the period from Aug. 18 to Oct. 11 . Says acquisition price at 56 yen per share . Says payment date on Oct. 18 . Says AG No.2 Investment Limited Partnership will hold 55.5 percent voting rights in the co after the transaction .Says previous release disclosed on Aug. 17.  Full Article

Uny to unload its 54 pct stake in kimono retailer Sagami - Nikkei<8201.T><8270.T>
Wednesday, 17 Aug 2016 05:50pm EDT 

Nikkei: Uny Group to unload its 54 pct stake in kimono specialty retailer Sagami; deal to generate 1.2 billion yen - Nikkei .  Full Article

UNY Group Holdings' unit Sagami announces ToB; forms business and capital alliance
Wednesday, 17 Aug 2016 04:15am EDT 

UNY Group Holdings Co Ltd <8270.T> : Says UNY Group Holdings' unit Sagami Co Ltd <8201.T> forms a business and capital alliance with AG No. 2 Investment Limited Partnership . Sagami announces a takeover bid offered by AG No. 2 Investment Limited Partnership(the acquirer) for up to 21,994,126 shares (55.49 percent stake) (no less than 21,994,126 shares) in Sagami Co Ltd . Offered purchase price at 56 yen per share . Offering period from Aug. 18 to Oct. 11 . Settlement starts from Oct. 18 . Says UNY Group Holdings tendered into the tender offer and to sell entire 21,994,126 shares in Sagami to the acquirer, for 1,231 million yen . UNY Group Holdings to hold no stake in Sagami after the transaction .UNY Group Holdings will forgive 1.6 billion yen out of the face value of 3.4 billion yen in loan claim against SAGAMI and transfer the remaining debt to AG No. 2 Investment Limited Partnership at a face value of 1.8 billion yen, on Oct. 18.  Full Article

Sagami sells home fashion business for 139 mln yen
Thursday, 26 May 2016 02:31am EDT 

Sagami Co Ltd <8201.T>: Says the company sold home fashion business to three firms due to business restructuring .Says transaction price is 139 million yen in total.  Full Article

Sagami lowers consolidated full-year outlook for FY 2016
Tuesday, 5 Apr 2016 03:00am EDT 

Sagami Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 20,959 million yen from 21,150 million yen for FY ended Feb. 2016.Says the operating profit forecast decreased to a loss of 101 mln yen from 30 million yen.Ordinary profit forecast decreased to a loss of 55 million yen from 82 million yen.Net profit forecast decreased to a loss of 1,050 million yen from a loss of 308 million yen.Earnings per share decreased to a loss of 26.48 yen from a loss of 7.76 yen.Comments that decreased sales revenue and increased expense are the main reasons for the forecast.  Full Article

Sagami amends consolidated mid-year and full-year outlook for FY 2016
Friday, 25 Sep 2015 01:00am EDT 

Sagami Co Ltd:Says the company lowered the consolidated mid-year outlook for revenue to 10,611 million yen from 10,693 million yen for FY ending Feb. 2016.Operating profit forecast increased to -72 million yen from -122 million yen.Ordinary profit forecast increased to -35 million yen from -114 million yen.Net profit forecast decreased to -254 million yen from -228 million yen.Earnings per share decreased to -6.4 yen from -5.75 yen.Says the company lowered the consolidated full-year outlook for revenue to 21,150 million yen from 21,580 million yen for FY 2016.Confirms the operating profit forecast at 30 million yen.Ordinary profit forecast increased to 82 million yen from 65 million yen.Net profit forecast decreased to -308 million yen from -260 million yen.Earnings per share decreased to -7.76 yen from -6.55 yen.Comments the sales decrease and costs reduction are the main reasons for the forecast.  Full Article

Sagami lowers consolidated full-year outlook for FY 2015
Monday, 6 Apr 2015 01:00am EDT 

Sagami Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 21,620 million yen from 21,760 million yen for FY ended Feb. 2015.Sees a decrease of operating profit forecast to a loss of 470 million yen from a loss of 365 million yen.Sees a decrease of ordinary profit forecast to a loss of 457 million yen from a loss of 340 million yen.Sees a decrease of net profit forecast to a loss of 897 million yen from a loss of 770 million yen.Sees a decrease of earnings per share to a loss of 22.62 yen from a loss of 19.40 yen.Comments the decreased sales is the main reason for the forecast.  Full Article

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