Nissen Holdings Co Ltd (8248.T) Key Developments | Reuters.com
Edition:
United States

Nissen Holdings Co Ltd (8248.T)

8248.T on Tokyo Stock Exchange

90JPY
1 Jul 2016
Change (% chg)

¥2 (+2.27%)
Prev Close
¥88
Open
¥88
Day's High
¥91
Day's Low
¥87
Volume
211,900
Avg. Vol
151,391
52-wk High
¥255
52-wk Low
¥81

Latest Key Developments (Source: Significant Developments)

Nissen Holdings announces result of early-retirement program and expects extraordinary loss for Q3 of FY 2015
Thursday, 15 Oct 2015 02:00am EDT 

Nissen Holdings Co Ltd:Says 147 employees took up the offer of the early-retirement program announced on Aug. 17.Effective date of retirement is Oct. 31.A premium will be added to the normal retirement allowance of eligible applicants.Says eligible applicants will also have the option to receive job-placement assistance.Expects extraordinary loss of about 700 mln yen for Q3 of fiscal year ending Dec. 2015 for the early-retirement program.  Full Article

Nissen Holdings announces management rationalization measures and expects extraordinary loss for FY 2015
Monday, 17 Aug 2015 02:00am EDT 

Nissen Holdings Co Ltd:Announces withdrawal of Nissen brand large furniture business.To offer an early-retirement program with a subsidiary to employees.Offering period from Sep. 24 to Oct. 9.The company expects 120 employees to take the offer.Says the employees who take up the offer will retire on Oct. 31.A premium will be added to the normal retirement allowance of eligible applicants and the company will provide outplacement support to the retiring employees.Expects extraordinary loss of about 800 mln yen for FY ending Dec. 2015 for the early-retirement program.Announces to organize overseas inspection offices and expects extraordinary loss of about 1 bln yen for FY ending Dec. 2015.  Full Article

Nissen Holdings lowers consolidated full-year outlook for FY 2015
Monday, 17 Aug 2015 02:00am EDT 

Nissen Holdings Co Ltd:Says the company lowered the consolidated full-year outlook for the FY ending Dec. 2015.Revenue forecast decreased to 162,000 million yen from 177,600 million yen.Operating profit forecast decreased to a loss of 6,600 million yen from a loss of 5,600 million yen.Ordinary profit forecast decreased to a loss of 6,100 million yen from a loss of 5,000 million yen.Net profit forecast decreased to a loss of 11,900 million yen from a loss of 5,450 million yen.Earnings per share decreased to a loss of 186.31 yen from a loss of 85.33 yen.  Full Article

Nissen Holdings announces merger between subsidiaries
Friday, 15 May 2015 02:00am EDT 

Nissen Holdings Co Ltd:Says wholly owned subsidiary Nissen Co., Ltd. to merge with another wholly owned subsidiary Mail&e Business Logistics Service Co., Ltd., on June 21.Nissen to be surviving company and Mail&e Business Logistics to be dissolved.  Full Article

Nissen Holdings Co Ltd amends consolidated full-year outlook for FY 2014 and cancels year-end dividend for FY 2014
Friday, 5 Dec 2014 01:30am EST 

Nissen Holdings Co Ltd:Says the company raised the consolidated full-year outlook for revenue to 206,940 million yen from 196,800 million yen for FY ending Dec. 2014.Sees a decreased operating profit forecast to a loss of 6,730 million yen from a loss of 4,650 million yen.Sees a decreased ordinary profit forecast to a loss of 7,860 million yen from a loss of 4,650 million yen.Sees a decreased net profit forecast to a loss of 8,600 million yen from a loss of 5,000 million yen.Sees a decrease of earnings per share to a loss of 135.37 yen from a loss of 78.70 yen per share.Comments the change of fiscal year end date in subsidiaries, profit reduction of subsidiary Nissen Co., Ltd. and investment loss of subsidiary GE Nissen Credit are the main reasons for the forecast.Resolved to cancel the year-end dividend for FY ending Dec. 2014.Latest dividend forecast was an undetermined value.  Full Article

Nissen Holdings Co Ltd announces change of president and chairman
Friday, 3 Oct 2014 02:30am EDT 

Nissen Holdings Co Ltd:Appoints Nobuyuki Ichiba as new president to succeed Shinya Samura.Announces Toshio Katayama to no longer serve as chairman of the board.Effective Dec. 21.  Full Article

Nissen Holdings Co Ltd cancels mid-year dividend for FY 2014
Monday, 28 Jul 2014 02:30am EDT 

Nissen Holdings Co Ltd:Resolved to cancel the mid-year dividend for the FY ended June 2014.Says the dividend amount was an undermined value in latest forecast disclosed on Feb. 3.  Full Article

BRIEF-Cxense signs agreement with leading Japanese fashion retailer

* Nissen Co., Ltd. has signed agreement with Cxense, which includes licensing for Cxense Insight, Cxense Content, Cxense DMP and Cxense Advertising