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Yamada Denki Co Ltd (9831.T)

9831.T on Tokyo Stock Exchange

585JPY
28 Mar 2017
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Thu, Feb 2 2017

BRIEF-Yamada Denki plans business alliance with residential reform firm Nakayama Group

* Says it plans to form a business alliance with residential reform firm Nakayama Group

BRIEF-Yamada Denki's sales seen down 4 pct for nine months ended Dec. - Nikkei

* Yamada Denki's operating profit apparently rose about 10 percent on the year to around 47 billion yen for the nine months ended December - Nikkei

BRIEF-U-NEXT to set up JV with Yamada-Denki

* Says it enters into agreement to set up a joint venture which will be mainly engaged in operation and provision of MVNO (Mobile Virtual Network Operator) services, jointly with Yamada-Denki Co Ltd in late-January

BRIEF-Yamada Denki to merge Japan-based unit

* Says it plans to merge a Japan-based unit that engaged in retail of household appliances

BRIEF-Yamada Denki to fully acquire electrical unit via stock swap

* Says co enters into agreement to fully acquire Kashima-based 60 percent owned electrical unit (the unit) via stock swap, with effective on Jan. 1, 2017

BRIEF-Yamada Denki's operating profit for the April-September half likely rose about 30% on the year - Nikkei

* Yamada Denki's operating profit for the April-September half likely rose about 30% on the year to 26 billion yen ($248 million) - Nikkei

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