Key Developments: Kintetsu Department Store Co Ltd (8244.T)

8244.T on Tokyo Stock Exchange

345JPY
19 Sep 2014
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Latest Key Developments (Source: Significant Developments)

Kintetsu Department Store Co., Ltd. lowers consolidated mid-year and full-year outlook for FY 2015
Monday, 25 Aug 2014 03:30am EDT 

Kintetsu Department Store Co., Ltd:Says the company lowered the consolidated mid-year outlook for revenue to 141,000 million yen from 151,000 million yen for the FY ending Feb. 2015.Sees a decrease of operating profit forecast to 1,200 million yen from 2,700 million yen.Sees a decrease of ordinary profit forecast to 500 million yen from 2,000 million yen.Says the company lowered the consolidated full-year outlook for revenue to 287,000 million yen from 304,000 million yen for the FY ending Feb. 2015.Sees a decrease of operating profit forecast to 4,100 million yen from 7,400 million yen.Sees a decrease of ordinary profit forecast to 2,600 million yen from 5,900 million yen.Comments the reduced demand is the main reason for the forecast.  Full Article

Kintetsu Department Store announces change of president
Wednesday, 9 Apr 2014 01:00am EDT 

Kintetsu Department Store Co., Ltd:Appoints Keiji Takamatsu as new president to replace Keiji Iida, effective May 22.  Full Article

Kintetsu Department Store announces shutdown of store and extraordinary loss for FY 2014
Monday, 24 Mar 2014 02:30am EDT 

Kintetsu Department Store Co., Ltd:To shut down Momoyama store in Kyoto, on Sep. 30.Sees extraordinary loss of 748 mln yen caused by renovation expense of the store, for fiscal year ended Feb. 2014.  Full Article

Kintetsu Department Store lowers full-year consolidated outlook and cancels year-end dividend payment for FY 2014
Monday, 24 Mar 2014 02:30am EDT 

Kintetsu Department Store Co., Ltd:Lowered full-year consolidated outlook for fiscal year ended Feb. 28, 2014.Full-year revenue outlook of 277,000 mln yen lowered from 283,000 mln yen.Full-year operating profit outlook of 3,100 mln yen lowered from 4,000 mln yen.Full-year ordinary profit outlook of 2,500 mln yen lowered from 3,000 mln yen.Full-year net profit outlook of 1,000 mln yen lowered from 1,900 mln yen.Full-year earnings per share outlook of 2.48 yen lowered from 4.71 yen.Outlook lowered due to extraordinary loss for shutdown of store as well as facility problems in a store.Cancels year-end dividend payment, which was announced as an undetermined value, for the same fiscal year.  Full Article

Kintetsu Department Store Co., Ltd Expects Extraordinary Profit for Q3 of FY 2014
Friday, 22 Nov 2013 02:30am EST 

Kintetsu Department Store Co., Ltd. announced that it expects extraordinary profit due to settlement of lawsuit for the third quarter of the fiscal year ending February 2014.  Full Article

Kintetsu Department Store Co., Ltd. Expects Extraordinary Loss for Q2 of FY 2014; Lowers Consolidated Mid-year Forecast for FY 2014
Wednesday, 25 Sep 2013 03:30am EDT 

Kintetsu Department Store Co., Ltd. announced that it expects JPY 1,129 million extraordinary loss on impairment of fixed asset for the second quarter of the fiscal year ending February 2014. The Company has lowered the consolidated mid-year forecast for revenue from JPY 136,000 million to JPY 134,000 million, operating profit from JPY 800 million to JPY 400 million, ordinary profit from JPY 400 million to JPY 170 million, net profit (loss) from JPY 400 million to JPY (1,100 million) and earning (loss) per share from JPY 0.99 to JPY (2.72) for the fiscal year ending February 2014. The Company lowered the consolidated mid-year outlook due to decreased sales.  Full Article

Kintetsu Department Store Co., Ltd. Cancels Year-end Dividend Forecast for FY 2013
Wednesday, 10 Apr 2013 02:15am EDT 

Kintetsu Department Store Co., Ltd. announced that it has canceled the year-end dividend forecast for the fiscal year ended February 2013. The last forecast was undetermined.  Full Article

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