Edition:
United States

Tokai Tokyo Financial Holdings Inc (8616.T)

8616.T on Tokyo Stock Exchange

634JPY
18 Aug 2017
Change (% chg)

¥-16 (-2.46%)
Prev Close
¥650
Open
¥640
Day's High
¥645
Day's Low
¥633
Volume
1,088,500
Avg. Vol
1,132,164
52-wk High
¥678
52-wk Low
¥458

Latest Key Developments (Source: Significant Developments)

SYS Holdings confirms to issue 45,000 shares to Tokai Tokyo Securities
Monday, 24 Jul 2017 03:20am EDT 

July 24 (Reuters) - SYS Holdings Co Ltd <3988.T>:* Says it receives a notice from Tokai Tokyo Securities Co., Ltd, confirming share subscription .* Says it will issue 45,000 new shares to Tokai Tokyo Securities Co., Ltd.* Says Tokai Tokyo Securities will pay 106 million yen .* Subscription date on July 26 and payment date on July 27.* The proceeds will be used for investment .  Full Article

Tokai Tokyo Financial Holdings acquires shares of GUOTAI JUNAN SECURITIES for $10 mln
Tuesday, 11 Apr 2017 03:34am EDT 

Tokai Tokyo Financial Holdings Inc <8616.T> :Says it acquired shares of GUOTAI JUNAN SECURITIES <2611.HK> for $10 million, in Hong Kong stock exchange.  Full Article

Tokai Tokyo Financial Holdings to fully acquire insurance agency
Friday, 10 Mar 2017 01:30am EST 

Tokai Tokyo Financial Holdings Inc <8616.T> :Says it plans to fully acquire Tokyo-based insurance agency (Eternal) on March 15.  Full Article

Tokai Tokyo Financial Holdings offers ToB for shares in Takagi Securities at 270 yen per share
Monday, 20 Feb 2017 01:53am EST 

Tokai Tokyo Financial Holdings Inc <8616.T> : The company is offering a takeover bid for 58,820,751 shares (or no less than 23,318,090 shares) of Takagi Securities Co Ltd <8625.T>'s stock, at the price of 270 yen per share . Co will hold 100 percent stake in Takagi Securities(58,820 voting rights), up from 0 percent . Total acquisition amount is 15.88 billion yen for 58,820,751 shares . Say the offering period from Feb. 21 to April 4 . Settlement date is April 11 . Along with the result of ToB, Takagi Securities has the possibility of delisting from TSE .Nomura Holdings Inc<8604.T> 's wholly owned unit plans to sell entire 17.1 million shares holding in Takagi Securities to Tokai Tokyo Financial Holdings.  Full Article

Tokai Tokyo Financial Holdings to sell part of stake in securities unit to Tochigi Bank
Friday, 27 Jan 2017 02:23am EST 

Tokai Tokyo Financial Holdings Inc <8616.T>: Says the co plans to sell part of stake in its Tochigi-based securities unit to Tochigi Bank Ltd <8550.T> . Says the co and Tochigi Bank Ltd will hold 40 percent and 60 percent stake in the securities firm respectively, after the selling .Says the business of the securities firm to start on April. 3.  Full Article

Tokai Tokyo Financial Holdings buys 1.5 mln shares back for 758.2 mln yen in Sep.
Sunday, 2 Oct 2016 09:36pm EDT 

Tokai Tokyo Financial Holdings <8616.T>: Says it repurchased 1.5 million shares for 758.2 million yen in total from Sep. 1 to Sep. 31 . Says this was part of the share repurchase plan announced on Feb. 22 .Says accumulatively repurchased 3.5 million shares for 1.69 billion yen in total as of Sep. 31.  Full Article

Tokai Tokyo Financial Holdings to buy back 2 mln shares via off-auction own share repurchase trading
Monday, 26 Sep 2016 03:30am EDT 

Tokai Tokyo Financial Holdings Inc <8616.T>: Says it plans to buy back 2 million shares via off-auction own share repurchase trading(N-NET3) on Sep. 27 .Says it is a part of the repurchase plan disclosed on Feb. 22.  Full Article

Tokai Tokyo Financial Holding acquires shares in Ace Securities
Monday, 5 Sep 2016 02:30am EDT 

Tokai Tokyo Financial Holding Inc <8616.T> :Says it completes share acquisition in Ace Securities Co Ltd, and holds a 29.2 percent stake in Ace Securities.  Full Article

Tokai Tokyo Financial Holdings plans private placement of 1.2 mln treasury stock
Monday, 29 Aug 2016 03:05am EDT 

Tokai Tokyo Financial Holdings Inc <8616.T> : Says it plans to distribute 1.2 million shares of its treasury common stock at 1 yen per share through private placement for 1.2 million yen in total .Says placement date is Sep. 5.  Full Article

Tokai Tokyo Financial Holdings and Tochigi Bank Ltd to convert Utsunomiya Securities Co. Ltd into JV
Tuesday, 23 Aug 2016 03:17am EDT 

Tokai Tokyo Financial Holdings Inc <8616.T>: Says the co executed the agreement with Tochigi Bank Ltd <8550.T> to convert Utsunomiya Securities Co. Ltd., the Company’s consolidated subsidiary, to a JV that will be owned by the co and Tochigi Bank .Says the co and Tochigi Bank will hold 40 percent and 60 percent voting rights in Utsunomiya Securities Co., Ltd. respectively, after effecting the JV conversion.  Full Article

BRIEF-SYS Holdings confirms to issue 45,000 shares to Tokai Tokyo Securities

* Says it receives a notice from Tokai Tokyo Securities Co., Ltd, confirming share subscription