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Tokyu Recreation Co Ltd (9631.T)

9631.T on Tokyo Stock Exchange

759JPY
24 Aug 2016
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Latest Key Developments (Source: Significant Developments)

Tokyu Recreation completes private placement of treasury stock
Thursday, 17 Mar 2016 02:00am EDT 

Tokyu Recreation Co Ltd:Distributes 200,000 shares of its treasury common stock at 850 yen per share through private placement to Tokyu Corporation, on March 17.Raises 2,226,350,600 yen in total through private placement.  Full Article

Tokyu announces result of takeover bid for shares of Tokyu Recreation and share purchase
Friday, 11 Mar 2016 01:00am EST 

Tokyu Corp:Says 5,869,534 shares of Tokyu Recreation Co Ltd were offered in a takeover bid by Tokyu Corp from Feb. 12 to March 10.Acquisition price at 850 yen per share.Commencement date of settlement on March 17.Says Tokyu Corp to raise voting power in Tokyu Recreation to 40.71 pct from 24.25 pct.To buy 2,619,236 shares (8.2 pct voting power) of Tokyu Recreation Co Ltd, from Tokyu Recreation Co Ltd, for 2,226,350,600 yen in total.To directly hold 48.91 pct voting power in Tokyu Recreation, and to hold 1.19 pct indirectly.  Full Article

Tokyu Recreation to issue year-end dividend for FY 2015
Friday, 26 Feb 2016 02:45am EST 

Tokyu Recreation Co Ltd:To issue a year-end dividend of 3 yen per share, for the FY ended Dec. 2015.Dividend issued to shareholders of record as of Dec. 31, 2015.Dividend payment date March 31.Says the dividend amount is in line with the latest forecast disclosed on Feb. 10.  Full Article

Tokyu to start TOB for shares of Tokyu Recreation Co., Ltd, buy shares and announces capital and business alliance agreement
Wednesday, 10 Feb 2016 01:15am EST 

Tokyu Corp:To start TOB for shares of Tokyu Recreation Co., Ltd(Target).Number of shares to be purchased will be limited to a maximum of 5,255,000 shares.Total number of shares that will be held by the company is 40.71 pct ownership after TOB.To underwrite addition of 2,619,236 shares (8.20 pct ownership) through disposition of the Target Treasury Stock.Shares price at 850 yen per share.Due date of payment is March 17.Two companies to gather know-how to make Shinjuku an important base that constitutes the circular trip network with Shibuya and Futako-Tamagawa, and to create a new form 8 of entertainment facilities in the redevelopment of the site of the former Shinjuku Tokyu Bunka Kaikan (Shinjuku TOKYU MILANO).The Company and the Target will secure a business base of the Target in Shibuya by strengthening the relationship between the two companies.  Full Article

Tokyu Recreation raises consolidated full-year outlook for FY 2015
Thursday, 12 Nov 2015 12:00am EST 

Tokyu Recreation Co Ltd:Says the company increased the consolidated full-year outlook for revenue to 31,513 million yen from 31,107 million yen for FY ending Dec. 2015.Operating profit forecast increased to 1,273 million yen from 707 million yen.Ordinary profit forecast increased to 563 million yen from 445 million yen.Net profit forecast increased to 1,214 million yen from 223 million yen.Earnings per share increased to 41.42 yen from 7.61 yen.Comments the sales increase and extraordinary profit are the main reasons for the forecast.  Full Article

Tokyu Recreation to sell property to Tokyu Corp and expects extraordinary profit and loss for FY 2015
Thursday, 12 Nov 2015 12:00am EST 

Tokyu Recreation Co Ltd:To sell the trust beneficiary rights in a property located in Tokyo, for 5,306 million yen, on Nov. 13, to Tokyu Corp.Expects extraordinary profit of 2,126 million yen for FY ending Dec. 2015.Expects extraordinary loss of 315 million yen for FY ending Dec. 2015.  Full Article

Tokyu Recreation raises consolidated mid-year outlook for FY 2015
Tuesday, 11 Aug 2015 01:00am EDT 

Tokyu Recreation Co Ltd:Says the company increased the consolidated mid-year outlook for revenue to 14,312 million yen from 14,296 million yen for FY ending Dec. 2015.Operating profit forecast increased to 427 million yen from 250 million yen.Ordinary profit forecast increased to 334 million yen from 132 million yen.Net profit forecast increased to 167 million yen from 23 million yen.Earnings per share increased to 5.72 yen from 0.79 yen.Comments the sales increase as the main reason for the forecast.  Full Article

Tokyu Recreation reaches settlement with MONTEROZA and expects extraordinary loss for Q3 of FY 2015
Friday, 31 Jul 2015 04:05am EDT 

Tokyu Recreation Co Ltd:Says the company has reached settlement with MONTEROZA,Inc. in the lawsuit filed by the company on June 21 against MONTEROZA, on the claim of vacating the building, on July 31.Says the MONTEROZA,Inc. was ordered to vacate the building by Oct. 31, and the company has to pay 260 mln yen as settlement.Says it expects an extraordinary loss of 260 mln yen recorded as settlement, for Q3 of the fiscal year ending Dec. 2015.  Full Article

Tokyu Recreation to issue year-end dividend for FY 2014
Friday, 27 Feb 2015 02:45am EST 

Tokyu Recreation Co Ltd:To issue a year-end dividend of 3 yen per share to all the shareholders of record as of Dec. 31, 2014 for FY ended Dec. 2014.Payment date March 25.Says latest dividend forecast was 3 yen per share.  Full Article

Tokyu Recreation raises consolidated full-year outlook for FY 2014
Thursday, 12 Feb 2015 12:00am EST 

Tokyu Recreation Co Ltd:Says the company increased the consolidated full-year outlook for revenue to 30,642 million yen from 30,341 million yen for the fiscal year ended Dec. 31, 2014.Operating profit forecast increased to 1,272 million yen from 757 million yen.Ordinary profit forecast increased to 1,174 million yen from 619 million yen.Net profit forecast increased to 459 million yen from 319 million yen.Earnings per share increased to 15.66 yen from 10.88 yen.Comments that increased sales of film business is the main reason for the forecast.  Full Article