Key Developments: Nichii Gakkan Co (9792.T)
919JPY
23 May 2013
¥-34 (-3.57%)
¥959
¥955
¥956
¥910
901,900
449,928
¥1,016
¥595
Latest Key Developments (Source: Significant Developments)
NICHII GAKKAN CO Raises Consolidated Full-year Outlook for FY 2013
NICHII GAKKAN CO announced that it has raised the consolidated full-year outlook for revenue from JPY 266,800 million to JPY 267,100 million, operating profit from JPY 7,200 million to JPY 8,700 million, ordinary profit from JPY 6,700 million to JPY 8,300 million, net profit from JPY 2,900 million to JPY 4,300 million and earning per share from JPY 41.66 to JPY 61.76, for the fiscal year ended March 31, 2013. The positive outlook is mainly due to the steady growth of nursing business. Full Article
NICHII GAKKAN CO Cancels Business and Capital Alliance with Advanced Media Inc
NICHII GAKKAN CO announced that it has decided to cancel the business and capital alliance with Advanced Media Inc, effective November 22, 2012. Full Article
NICHII GAKKAN CO to Dissolve Subsidiary
NICHII GAKKAN CO announced that it has decided to dissolve a 55.6％-owned subsidiary Cyber Clerk Institute, which has been engaged in the provision of electronic voice-to-text service and information exchange service in Tokyo, Japan, in January 2013. Full Article
NICHII GAKKAN CO Lowers Consolidated Full-year Outlook for FY 2013
NICHII GAKKAN CO announced that it has lowered its consolidated full-year outlook for revenue from JPY 274,000 million to JPY 266,800 million, operating profit from JPY 11,400 million to JPY 7,200 million, ordinary profit from JPY 11,000 million to JPY 6,700 million, net profit from JPY 5,800 million to JPY 2,900 million and earning per share from JPY 83.52 to JPY 41.66, for the fiscal year ending March 2013. The Company lowered the outlook due to the less-than-expected sales, among others. According to I/B/E/S Estimates, analysts were expecting the Company to report full-year revenue of JPY 270.83 billion and net profit of JPY 4.76 billion. Full Article
NICHII GAKKAN CO Announces Business Alliance with Microsoft Japan Co., Ltd.
NICHII GAKKAN CO announced that the Company has formed a business alliance with Microsoft Japan Co., Ltd., targeting on the medical institutions, on October 1, 2012. Through the business alliance, the two companies will be cooperating in operation data analysis for medical institution, clinical support service, region coordination service by providing various software. Full Article
NICHII GAKKAN CO to Merge with Tokyo-based Company
NICHII GAKKAN CO announced that it has decided to merge with a Tokyo-based company, which engages in the creating and sale of books, through a stock swap, effective November 1, 2012. One stock of the Tokyo-based company will be exchanged for 2217.745 shares of the Company. After the merger, the Tokyo-based company will be dissolved. Full Article
Nichii Gakkan Company to Transfer Business to Subsidiary
Nichii Gakkan Company announced that it has decided to transfer the nursing labor dispatching business in its healthcare division to a wholly owned subsidiary, Nihon Support Service, effective September 1, 2012. Full Article
Nichii Gakkan Company Announces Capital Alliance of Sub-subsidiary and Toyota Tsusho Corporation
Nichii Gakkan Company announced that its Shanghai-based sub-subsidiary, which mainly engages in the wholesale of welfare equipments, will form a capital alliance with Toyota Tsusho Corporation. Toyota Tsusho Corporation will invest RMB 1,500,000 in the sub-subsidiary of Nichii Gakkan in 2012. As a result, Nicii Carenet Company, which is a subsidiary of Nichii Gakkan, will hold a 69.6% stake, Toyota Tsusho Corporation will hold a 13.0% stake and a China-based company will hold a 17.4% stake in the sub-subsidiary of Nichii Gakkan. Full Article
Nichii Gakkan Company Raises Consolidated Full-year Outlook for FY 2012
Nichii Gakkan Company announced that it has raised the consolidated full-year outlook for revenue from JPY 250,000 million to JPY 253,700 million, operating profit from JPY 9,000 million to JPY 11,000 million, ordinary profit from JPY 9,300 million to JPY 11,700 million, net profit from JPY 4,500 million to JPY 5,700 million and earning per share from JPY 65.16 to JPY 82.39 for the fiscal year ending March 31, 2012. The positive outlook is mainly due to more-than-expected sales., as well as good performance of medicine related business and healthcare business. According to I/B/E/S Estimates, analysts on average were expecting the Company to report full-year revenue of JPY 250.90 billion, operating profit of JPY 9.69 billion and net income of JPY 4.84 billion. Full Article
Nichii Gakkan Company to Fully Acquire Gaba Corporation
Nichii Gakkan Company announced that it has decided to fully acquire Gaba Corporation through a stock swap. One share of Gaba Corporation will be exchanged for 250 shares of Nichii Gakkan Company. As a result, Gaba Corporation will become a wholly owned subsidiary of Nichii Gakkan Company. Due to this, Gaba Corporation will be delisted from the Tokyo Stock Exchange, effective November 30, 2011. Full Article
Earnings vs. 
Estimates
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
