Food Retail & Distribution

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Toho Co Ltd to fully acquire NIKKEN inc

2:00am EDT

Toho Co Ltd:To acquire 100,000 shares (100 pct voting power) in NIKKEN inc, which is engaged in store (like karaoke bar and restaurant) interior design and construction industry, from three individuals.Transaction effective Aug. 6 and price was not disclosed.

ARCS CO LTD raises consolidated full-year outlook for FY 2015

Friday, 25 Jul 2014 02:30am EDT

ARCS CO LTD:Says the company increased the consolidated full-year outlook for revenue to 480,000 million yen from 457,500 million yen for FY ending Feb. 2015.Operating profit forecast increased to 13,900 million yen from 13,800 million yen.Ordinary profit forecast increased to 15,500 million yen from 15,000 million yen.Net profit forecast increased to 10,000 million yen from 7,500 million yen.Earnings per share increased to 179.29 yen from 136.30 yen.FY 2015 revenues of 465.00 billion yen, reported net profit of 7.8 billion yen – Thomson Reuters I/B/E/S.Comments the inclusion of new company in financial results, extraordinary profit, subsidiary's acquisition of company and sales increase are the main reasons for the forecast.

ARCS CO LTD raises consolidated mid-year outlook for FY 2015

Friday, 25 Jul 2014 02:30am EDT

ARCS CO LTD:Says the company increased the consolidated mid-year outlook for revenue to 231,000 million yen from 230,000 million yen for FY ending Feb. 2015.Operating profit forecast increased to 6,500 million yen from 6,700 million yen.Ordinary profit forecast increased to 7,500 million yen from 7,350 million yen.Net profit forecast increased to 4,000 million yen from 3,900 million yen.Earnings per share increased to 72.75 yen from 70.88 yen.Comments the inclusion of new company in financial results, extraordinary profit, subsidiary's acquisition of company and sales increase are the main reasons for the forecast.

SUPERVALU Inc reaffirms FY 2015 EBITDA guidance - Conference Call

Thursday, 24 Jul 2014 10:00am EDT

SUPERVALU Inc:Continues to believe FY 2015 adjusted EBITDA to be lower than FY 2014 pro forma adjusted EBITDA of $783 million.FY 2015 EBITDA of $772 million - Thomson Reuters I/B/E/S.

Princi-baru Corp announces change of corporate auditor

Wednesday, 23 Jul 2014 06:45am EDT

Princi-baru Corp:Announces Osaka-based accounting firm as corporate auditor to replace Saitama-based accounting firm.Effective July 23.

Magnit OAO raises FY 2014 guidance-Reuters

Wednesday, 23 Jul 2014 06:25am EDT

Magnit OAO:Magnit expects sales to grow 26-29 percent in 2014, its chief executive Sergei Galitsky said, revising his previous forecast which implied growth in a 22-24 percent range-Reuters.Magnit also lifted its forecast for 2014 margin on the basis of earnings before interest, taxation, depreciation and amortisation (EBITDA) to 10.6-10.9 percent from 10.5 percent earlier, Galitsky said on a conference call.

Mitsubishi Shokuhin Co Ltd to merge with subsidiary

Wednesday, 23 Jul 2014 03:00am EDT

Mitsubishi Shokuhin Co Ltd:To merge with wholly owned subsidiary, engaged in real estate management, based in Tokyo, effective Sep. 1.Subsidiary to be dissolved.

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