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H.I.S. to establish subsidiary

Thursday, 27 Apr 2017 11:25pm EDT

April 28 (Reuters) - H.I.S. Co Ltd <9603.T>:* Says it will establish a wholly owned subsidiary based in Okinawa-ken .* New subsidiary will be engaged in travel business .* New subsidiary will be capitalized at 60 million yen.* New subsidiary will start operation on Oct. 1 .

Beibu Gulf Tourism sets up tourism unit in Yantai

Thursday, 27 Apr 2017 11:19pm EDT

April 28 (Reuters) - Beibu Gulf Tourism Co Ltd <603869.SS> ::* Says it completes establishment of wholly owned tourism unit in Yantai city on April 26 with registered capital of 100 million yuan .

KNT-CT Holdings to set up new units to take over travel business from two other units

Thursday, 27 Apr 2017 02:15am EDT

April 27 (Reuters) - KNT-CT Holdings Co Ltd <9726.T>: :* Says it will set up 3 new wholly owned units located in Nagoya, Osaka and Tokyo, respectively, to take over travel related businesses from two other wholly owned units.* New units will be set up on June 1 .* Says the Nagoya-based unit will take over travel business in Chubu area, the Osaka-based unit will take over travel business in Kansai area, and the Tokyo-based unit will take over the Japan visiting travel business.* Business transfer effective date Oct. 1.

PVR Cinemas doubles IMAX footprint with five-theatre deal in india

Wednesday, 26 Apr 2017 07:30am EDT

April 26 (Reuters) - Imax Corp :Pvr cinemas doubles its imax footprint with five-theatre agreement in india.Says announced a sales agreement for five imax theatres to be located in delhi and other major metropolitan markets in india.

Tosho to open 2 holiday sports clubs and subsidiary to open 2 new hotels

Thursday, 20 Apr 2017 03:11am EDT

April 20 (Reuters) - Tosho Co Ltd <8920.T>: :* Says it will open two holiday sports clubs In Fukuoka prefecture and Yamaguchi prefecture, respectively, in September and October 2018.* Says its subsidiary to open two new hotels in Yamaguchi prefecture and Aichi prefecture, respectively, in September and November 2018 .

Netflix reports quarterly earnings of $0.40 per share

Monday, 17 Apr 2017 04:51pm EDT

April 17 (Reuters) - Netflix Inc :Quarterly revenue $2.64 billion versus $1.96 billion.Quarterly earnings per share $0.40.Q1 U.S. streaming net additions 1.42 million versus co's forecast of 1.5 million.Says it expects to cross the 100 million member mark this weekend.Sees Q2 U.S. streaming net additions 0.60 million.Sees Q2 international streaming net additions 2.60 million.Sees Q2 total streaming revenue $2,640 million.Q1 total streaming net additions 4.95 million versus co's forecast of 5.20 million.Sees Q2 earnings per share $0.15.Q1 earnings per share view $0.37, revenue view $2.64 billion -- Thomson Reuters I/B/E/S.Q2 earnings per share view $0.24 -- Thomson Reuters I/B/E/S.Sees Q2 total streaming net additions of 3.20 million.3.53 million international streaming net additions in Q1 versus co's forecast of 3.7 million.Netflix says any move similar to Amazon's move into NFL football "is not a strategy that we think is smart for us"."We'll spend over $1 billion in 2017 marketing our content to drive member acquisition".Says due to content, primarily house of cards season 5, moving from Q1 to Q2, co had higher operating margins in Q1 at 9.7% than plan for year.Says continue to plan to have around $2 billion in negative free cash flow this year.Says it continues to plan to have around $2 billion in negative free cash flow this year.Says forecast operating margin at 4.4% in Q2.

H.I.S. unit to set up new power station

Friday, 14 Apr 2017 03:09am EDT

H.I.S. Co Ltd <9603.T>: Says its 66 percent owned unit which has been engaged in the power generation in Tokyo, Japan, will set up a new power station in Miyagi prefecture, Japan .The new power station will start power generation from July 2019.

Evolable Asia to launch Web business trip booking system in 27 firms

Thursday, 6 Apr 2017 02:40am EDT

Evolable Asia Corp <6191.T> :Says it will launch March 2017 Web business trip booking system for business travel management business in 27 firms.

Wonderla Holidays plans to start a park in Chennai

Wednesday, 5 Apr 2017 03:44am EDT

Wonderla Holidays Ltd : Says to start park in Chennai with estimated project cost of about 3.5 billion rupees . Says project is at concept stage .Says still engaged in talks for buying the required land parcel.

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