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

9726.T on Tokyo Stock Exchange

187JPY
2:00am EDT
Price Change (% chg)

¥-3 (-1.58%)
Prev Close
¥190
Open
¥190
Day's High
¥191
Day's Low
¥187
Volume
507,000
Avg. Vol
786,183
52-wk High
¥225
52-wk Low
¥130

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Latest Key Developments (Source: Significant Developments)

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

Kinki Nippon Tourist Co Ltd Announces Change of Parent Company
Friday, 11 Jan 2013 02:00am EST 

Kinki Nippon Tourist Co Ltd announced that Kintetsu Corporation has become the parent company of the Company, holding 169,230 voting rights (67.1%), up from 30,570 voting rights (33.4%), effective January 1, 2013.  Full Article

Kinki Nippon Tourist Co Ltd Expects Extraordinary Loss for FY 2012
Thursday, 20 Dec 2012 01:00am EST 

Kinki Nippon Tourist Co Ltd announced that it expects the extraordinary loss of JPY 344 million caused by retirement payment, for the fiscal year ending December 31, 2012.  Full Article

Kinki Nippon Tourist Co Ltd Amends Consolidated Full-year Outlook for FY 2012
Friday, 10 Aug 2012 02:30am EDT 

Kinki Nippon Tourist Co Ltd announced that it has lowered the consolidated full-year outlook for revenue from JPY 64,000 million to JPY 62,600 million, net profit from JPY 1,600 million to JPY 1,400 million and earning per share from JPY 16.87 to JPY 14.76, but has raised the consolidated full-year outlook for operating profit from JPY 2,000 million to JPY 2,600 million and ordinary profit from JPY 2,000 million to JPY 2,700 million for the fiscal year ending December 31, 2012. The negative full-year outlook for revenue and net profit is mainly due to worse-than-expected business performance of domestic tourism business. The positive outlook for operating profit and ordinary profit is mainly due to gain on reduction of costs.  Full Article

Kinki Nippon Tourist Co Ltd Appoints Chairman and President; to Change Company Name; Announces Partial Change to Article of Incorporation of Authorized Share Number
Friday, 10 Aug 2012 02:30am EDT 

Kinki Nippon Tourist Co Ltd announced that it has appointed Katsuhisa Yoshikawa as Chairman of the Board and Representative Director, Kazuyoshi Togawa as President and Representative Director, effective January 1, 2013. The Company has also decided to change company name to KNT-CT Holdings Co.. Ltd., effective January 1, 2013. The Company also announced that it has received approval from its Board of Directors to make partial change to its article of incorporation on January 1, 2013. Based on change to article six, the Company will increase the number of its total number of authorized shares from 240,000,000 shares to 380,000,000 shares.  Full Article

Kinki Nippon Tourist Co Ltd to Fully Acquire Club Tourism International Inc. through Stock Swap; Announces Business Integration
Friday, 10 Aug 2012 02:30am EDT 

Kinki Nippon Tourist Co Ltd announced that it has decided to fully acquire Club Tourism International Inc. through stock swap, effective January 1, 2013. In the stock swap, one share of Club Tourism International Inc.'s stock will be exchanged with 8,500 shares of Kinki Nippon Tourist Co Ltd's common stock. 160,650,000 shares of Kinki Nippon Tourist Co Ltd's stock will be exchanged in the acquisition, while 98,486 shares of which are its treasury stock. Before the acquisition, the Company will establish two wholly owned subsidiaries, effective September 3, 2012. The Company will transfer its group tour business and individual tour business to the two subsidiaries, respectively, effective January 1, 2013. Afterwards, the Company will transform into a holding company and will change its company name.  Full Article

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