Key Developments: Nichii Gakkan Co (9792.T)

9792.T on Tokyo Stock Exchange

1,231JPY
30 Jan 2015
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¥-3 (-0.24%)
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Latest Key Developments (Source: Significant Developments)

NICHII GAKKAN CO updates on stake acquisition by subsidiary
Friday, 5 Dec 2014 01:00am EST 

NICHII GAKKAN CO:Says Hong Kong-based wholly owned subsidiary to invest in a technology development company engaged in services before and after childbirth and located in Beijing, China.Transaction date expected to be in middle December.  Full Article

NICHII GAKKAN CO subsidiary to acquire stake in Beijing-based company
Tuesday, 25 Nov 2014 01:00am EST 

NICHII GAKKAN CO:Says Hong Kong-based wholly owned subsidiary to acquire 51 pct stake in a technology development company engaged in services before and after childbirth and located in Beijing, China, at 24,745,000 yuan.Subsidiary to hold 51 pct stake in the China-based company.  Full Article

NICHII GAKKAN CO to repurchase shares
Wednesday, 12 Nov 2014 02:00am EST 

NICHII GAKKAN CO:To repurchase up to 8,500,000 shares, representing a 12.16 pct stake.Says share repurchase up to 6,000 million yen in total.Says repurchase period from Nov. 13, 2014 to May 31. 2015.  Full Article

NICHII GAKKAN subsidiary to acquire stake in China-based company
Friday, 7 Nov 2014 01:00am EST 

NICHII GAKKAN CO:Says Hong Kong-based wholly owned subsidiary to invest to acquire 51 pct stake in a housekeeping service company located in Guangzhou, China, at 50,379,000 yuan on Nov. 7.Subsidiary to hold 51 pct stake in the China-based company.  Full Article

NICHII GAKKAN CO announces change of president
Thursday, 18 Sep 2014 04:00am EDT 

NICHII GAKKAN CO:Announces Masatoshi Saito to retire from president.Appoints chairman Akihiko Terada as president to replace Masatoshi Saito.Effective Oct. 1.  Full Article

NICHII GAKKAN CO subsidiary to invest in Jinan-based company
Thursday, 28 Aug 2014 10:00pm EDT 

NICHII GAKKAN CO:Subsidiary Nichii Hong Kong Limited to invest in a Jinan-based company with amount of 510,000 yuan in late September.Nichii Hong Kong Limited to hold 51 pct stake in the Jinan-based company after investment.  Full Article

NICHII GAKKAN to establish joint venture in Beijing
Thursday, 31 Jul 2014 02:00am EDT 

NICHII GAKKAN CO:To establish a joint venture in Beijing with a Beijing-based technical and consulting company, in August.Joint venture capitalized at 50 mln yuan will be engaged in personnel training, welfare facility operation, sanitary product wholesale and enterprise management consulting businesses.To hold 49 pct stake in the joint venture with the Beijing-based company holding 51 pct.  Full Article

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

BRIEF-Nichii Gakkan to buy back up to 12.16 pct of own shares

* Says to buy back up to 12.16 percent of own shares for as much as 6 billion yen ($52 million)

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