Crops Corp (9428.T) Key Developments | Reuters.com
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Crops Corp (9428.T)

9428.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

CROPS announces merger between subsidiaries
Thursday, 12 Nov 2015 01:30am EST 

CROPS CORP:Says its Tokyo-based wholly owned subsidiary to merge with its another Tokyo-based wholly owned subsidiary on Jan. 1, 2016.Says the latter Tokyo-based subsidiary to be dissolved after the transaction.  Full Article

CROPS raises year-end dividend forecast for FY 2016
Friday, 30 Oct 2015 02:30am EDT 

CROPS CORP:Says it raised the year-end dividend forecast to 5 yen per share from 4 yen per share for the fiscal year ending March 2016.  Full Article

CROPS amends consolidated mid-year outlook for FY 2016
Friday, 30 Oct 2015 02:30am EDT 

CROPS CORP:Says the company lowered the consolidated mid-year outlook for revenue to 15,387 mln yen from 15,489 mln yen for the fiscal year ending March 31, 2016.Operating profit forecast increased to 260 mln yen from 188 mln yen.Ordinary profit forecast increased to 275 mln yen from 191 mln yen.Net profit forecast increased to 191 mln yen from 52 mln yen.Earnings per share increased to 13.81 yen from 5.41 yen.Says revenue outlook lowered due to the decreased sales in building maintenance business, profit outlook raised due to the cost reduction and increased sale price.  Full Article

CROPS announces change in shareholding structure
Thursday, 12 Feb 2015 01:00am EST 

CROPS CORP:Says chairman of the board to sell 751,500 shares in the company to Isuzu Motors Ltd, on Feb. 18.Chairman to hold 8.18 pct voting power (7,851 voting rights) down from 16.01 pct (15,366 voting rights) in the company, effective Feb. 18.  Full Article

CROPS expects extraordinary loss for Q3 of FY 2015 and lowers full-year consolidated outlook for FY 2015
Friday, 30 Jan 2015 02:00am EST 

CROPS CORP:Sees extraordinary loss of 50 mln yen caused by change of subsidiary, for Q3 of fiscal year ending March 31, 2015.Lowered full-year consolidated outlook for fiscal year ending March 31, 2015.Full-year revenue outlook of 26,399 mln yen lowered from 26,417 mln yen.Full-year operating profit outlook of 491 mln yen lowered from 530 mln yen.Full-year ordinary profit outlook of 492 mln yen lowered from 531 mln yen.Full-year net profit outlook of 186 mln yen lowered from 206 mln yen.Full-year earnings per share outlook of 19.38 yen lowered from 21.46 yen.Outlook lowered due to sale of Shanghai-based subsidiary, increased overseas personnel cost and the extraordinary loss.  Full Article

CROPS to fully acquire Daimei-Shoji
Thursday, 15 Jan 2015 03:00am EST 

CROPS CORP:To acquire 20,000 shares (100 pct stake) of Daimei-Shoji Corporation with amount of 360 million yen from two individuals on Jan. 16.  Full Article

CROPS CORP to sell Shanghai-based subsidiary
Thursday, 30 Oct 2014 03:00am EDT 

CROPS CORP:To sell 100 pct stake in a Shanghai-based subsidiary, which is engaged in sale of mobile phone, smartphone and fixed-line telephone, to another Shanghai-based company at 1 yuan, on Dec. 31.  Full Article

CROPS lowers mid-year and full-year consolidated outlook and lowers year-end dividend forecast for FY 2015
Thursday, 30 Oct 2014 03:00am EDT 

CROPS CORP:Lowered mid-year and full-year consolidated outlook for fiscal year ending March 31, 2015.Mid-year revenue outlook of 12,364 mln yen lowered from 12,648 mln yen.Mid-year operating profit outlook of 221 mln yen lowered from 283 mln yen.Mid-year ordinary profit outlook of 230 mln yen lowered from 281 mln yen.Mid-year net profit outlook of 69 mln yen lowered from 107 mln yen.Mid-year earnings per share outlook of 7.25 yen lowered from 11.15 yen.Full-year revenue outlook of 26,417 mln yen lowered from 26,979 mln yen.Full-year operating profit outlook of 530 mln yen lowered from 772 mln yen.Full-year ordinary profit outlook of 531 mln yen lowered from 760 mln yen.Full-year net profit outlook of 206 mln yen lowered from 344 mln yen.Full-year earnings per share outlook of 21.46 yen lowered from 35.84 yen.Outlook lowered due to sluggish sales of mobile terminal.Sees year-end dividend of 4 yen per share lowered from 5 yen per share, for fiscal year 2015.  Full Article