Key Developments: KNT-CT Holdings Co Ltd (9726.T)

9726.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

KNT-CT Holdings lowers full-year consolidated outlook and expects extraordinary loss for FY 2014
Friday, 19 Dec 2014 01:00am EST 

KNT-CT Holdings Co.. Ltd:Lowered full-year consolidated outlook for fiscal year ending Dec. 31, 2014.Full-year revenue outlook of 437,400 mln yen lowered from 464,000 mln yen.Full-year operating profit outlook of 2,600 mln yen lowered from 4,300 mln yen.Full-year ordinary profit outlook of 3,300 mln yen lowered from 4,500 mln yen.Full-year net profit (loss) outlook of (1,700 mln) yen lowered from 1,900 mln yen.Full-year earnings (loss) per share outlook of (6.41) yen lowered from 7.17 yen.Outlook lowered due to renovation period, natural disaster and extraordinary losses.Sees extraordinary loss of 2,177 mln yen as impairment loss, for fiscal year 2014.  Full Article

KNT-CT Holdings Co.. Ltd. wholly owned subsidiary to merge with its subsidiary
Friday, 8 Aug 2014 02:00am EDT 

KNT-CT Holdings Co.. Ltd:Says wholly owned subsidiary that based in Chiyoda and has been engaged in planning and sale of package travel, to merge with its wholly owned subsidiary (the sub-subsidiary of the company).The sub-subsidiary of the company to be dissolved after transaction.Effective Oct. 1.  Full Article

KNT-CT Holdings announces fraudulent act of former employee of subsidiary
Friday, 25 Apr 2014 02:00am EDT 

KNT-CT Holdings Co.. Ltd:Says former employee in charge of accounting of a subsidiary embezzled corporate funds, according to result of internal investigation by the subsidiary.  Full Article

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