Key Developments: Nichii Gakkan Co (9792.T)

9792.T on Tokyo Stock Exchange

889JPY
24 Jul 2014
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Latest Key Developments (Source: Significant Developments)

NICHII GAKKAN CO Hong Kong-based subsidiary to acquire 10 China-based company
Sunday, 6 Jul 2014 08:00pm EDT 

NICHII GAKKAN CO:Hong Kong-based subsidiary to acquire 10 China-based company, under cooperation agreement with a institution governed by Ministry of Civil Affairs, disclosed on July 1.Says 10 companies located in Beijing, Chongqing, Liaoning and Guangdong respectively, and have been engaged in old-age care and long-term care services know-how related business.Hong Kong-based subsidiary to acquire a 50.8 pct stake in 7 Guangdong-based companies respectively, a 51 pct stake in 2 companies based in Chongqing and Liaoning respectively and a 66.7 stake in Beijing-based company, increased from 0 stake of them.Says to acquire at price of 59,295,000 yuan or 978,367,000 yen in total.Effective in middle of July.  Full Article

NICHII GAKKAN CO signs cooperation agreement with institution governed by Ministry of Civil Affairs of China
Monday, 30 Jun 2014 08:35pm EDT 

NICHII GAKKAN CO:Signed a cooperation agreement with a institution governed by Ministry of Civil Affairs of China on July 1.To set up model care facilities in China and to devote to popularization of effective care and formation improvement of health care market.  Full Article

JSS to form business and capital alliance with NICHII GAKKAN
Wednesday, 14 May 2014 02:15am EDT 

JSS Corp and NICHII GAKKAN:To form business and capital alliance.NICHII GAKKAN to share know-how in senior business and JSS Corp to share know-how in kids business, in the development and provision of care prevention program, as well as kindergarten, nursing, swimming school, English training for pupils and kids, through business alliance.Through capital alliance, shareholders of JSS to transfer holdings of 500,000 shares (a 24.84 pct stake) in the company to NICHII GAKKAN.Share transfer effective May 16.  Full Article

NICHII GAKKAN to merge with subsidiary
Wednesday, 19 Mar 2014 02:00am EDT 

NICHII GAKKAN CO:To merge with a wholly owned subsidiary in Fukuoka, Japan, which has been engaged in home nursing service as well as welfare service for disabled, on June 1.The subsidiary will be dissolved.  Full Article

NICHII GAKKAN CO Lowers Consolidated Full-year Outlook for FY 2014
Thursday, 7 Nov 2013 01:00am EST 

NICHII GAKKAN CO announced that it has lowered its consolidated full-year outlook for revenue from JPY 277,600 million to JPY 273,200 million, operating profit from JPY 9,000 million to JPY 6,600 million, ordinary profit from JPY 8,000 million to JPY 5,000 million, net profit from JPY 4,500 million to JPY 2,800 million and earning per share from JPY 64.39 to JPY 40.07 , for the fiscal year ending March 2014. This is due to the decreased sales.  Full Article

NICHII GAKKAN CO Announces Dissolution of Subsidiary
Wednesday, 7 Aug 2013 02:00am EDT 

NICHII GAKKAN CO announced that it will dissolve a wholly owned subsidiary, which has been engaged in the business consulting, human resources consulting and research businesses in Tokyo, and complete the liquidation in November 2013.  Full Article

NICHII GAKKAN CO Amends Consolidated Mid-year Outlook for FY 2014
Friday, 24 May 2013 04:50am EDT 

NICHII GAKKAN CO announced that it has reaffirmed the consolidated mid-year outlook for revenue at JPY 137,400 million, operating profit at JPY 3,600 million, ordinary profit at JPY 3,200 million, but has raised the outlook for net profit from JPY 1,500 million to JPY 2,100 million and earning per share from JPY 21.46 to JPY 30.05 for the fiscal year ending March 31, 2014. The positive outlook is mainly due to gain on selling of securities.  Full Article

NICHII GAKKAN CO Raises Consolidated Full-year Outlook for FY 2013
Wednesday, 24 Apr 2013 03:30am EDT 

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
Thursday, 22 Nov 2012 02:00am EST 

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
Friday, 16 Nov 2012 01:00am EST 

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

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