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Maruei Department Store Co Ltd (8245.T)

8245.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Maruei Department Store to sell Nagoya-based property on March 30
Thursday, 9 Mar 2017 01:16am EST 

Maruei Department Store Co Ltd <8245.T> :Says it plans to sell Nagoya-based property at an undisclosed price on March 30.  Full Article

MARUEI DEPARTMENT STORE expects extraordinary loss and lowers consolidated revenue full-year outlook for FY 2016
Tuesday, 22 Mar 2016 08:00pm EDT 

MARUEI DEPARTMENT STORE CO LTD:Says it expects an extraordinary loss of 121 million yen for the fiscal year ended Feb. 29, 2016.Says the company lowered the consolidated full-year outlook for revenue to 20,803 mln yen from 20,940 mln yen for the fiscal year ending March 31, 2016.Operating profit forecast increased to a loss of 278 mln yen from a loss of 300 mln yen.Ordinary profit forecast increased to a loss of 426 mln yen from a loss of 430 mln yen.Sees a decrease of net profit forecast to a loss of 564 mln yen from a loss of 400 mln yen.Sees a decrease of earnings per share to a loss of 4.35 yen from a loss of 3.08 yen.Says net profit outlook lowered due to the extraordinary loss.  Full Article

MARUEI DEPARTMENT STORE lowers consolidated full-year outlook for FY 2016
Tuesday, 12 Jan 2016 01:10am EST 

MARUEI DEPARTMENT STORE CO LTD:Says the company lowered the consolidated full-year outlook for revenue to 20,940 mln yen from 22,100 mln yen for the fiscal year ending Feb. 29, 2016.Sees a decrease of operating profit forecast to a loss of 300 mln yen from 10 mln yen.Sees a decrease of ordinary profit forecast to a loss of 430 mln yen from a loss of 80 mln yen.Sees a decrease of net profit forecast to a loss of 400 mln yen from 10 mln yen.Sees a decrease of earnings per share to a loss of 3.08 yen from 0.08 yen.Comments the sluggish in sales of clothing goods as the main reason for the forecast.  Full Article

MARUEI DEPARTMENT STORE lowers consolidated full-year outlook for FY 2016
Tuesday, 6 Oct 2015 02:20am EDT 

MARUEI DEPARTMENT STORE CO LTD:Says the company lowered the consolidated full-year outlook for revenue to 22,100 mln yen from 23,000 mln yen for the fiscal year ending Feb. 29, 2016.Sees a decrease of operating profit forecast to 10 mln yen from 280 mln yen.Sees a decrease of ordinary profit forecast to a loss of 80 mln yen from 180 mln yen.Sees a decrease of net profit forecast to 10 mln yen from 70 mln yen.Sees a decrease of earnings per share to 0.08 yen from 0.54 yen.Comments the lower gross margin ratio and increased expenses are the main reasons for the forecast.  Full Article

MARUEI DEPARTMENT STORE announces change of president
Tuesday, 14 Apr 2015 02:00am EDT 

MARUEI DEPARTMENT STORE CO LTD:Appoints Tanio Nohara as new president to replace Shuji Kyogoku, effective May 28.  Full Article

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BRIEF-Maruei Department Store to sell Nagoya-based property on March 30

* Says it plans to sell Nagoya-based property at an undisclosed price on March 30