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Tokai Tokyo Financial Holdings Inc (8616.T)

8616.T on Tokyo Stock Exchange

715JPY
15 Dec 2017
Change (% chg)

¥-10 (-1.38%)
Prev Close
¥725
Open
¥721
Day's High
¥722
Day's Low
¥710
Volume
1,173,000
Avg. Vol
1,102,057
52-wk High
¥757
52-wk Low
¥538

Latest Key Developments (Source: Significant Developments)

Tokai Tokyo Financial Holdings says business and capital alliance with AI firm xenodata lab
Wednesday, 22 Nov 2017 03:30am EST 

Nov 22 (Reuters) - Tokai Tokyo Financial Holdings Inc <8616.T>:Says co has been offering the service "TT Flash", which is designed to work as an automated financial analyzer using xenodata lab's unique AI technique, at Tokai Tokyo Securities since November and co also introduced xenodata lab's another application software "xenoStory" to Tokai Tokyo Research Institute .Says co decided to subscribe for partial shares issued by xenodata lab.  Full Article

Tokai Tokyo Financial Holdings to retire treasury shares
Thursday, 26 Oct 2017 10:26pm EDT 

Oct 27(Reuters) - Tokai Tokyo Financial Holdings Inc <8616.T>:Says it will retire 10 million shares (3.6 percent of outstanding) of its common stock on Nov. 10.  Full Article

Tokai Tokyo Financial Holdings acquires shares of PINNACLE
Monday, 25 Sep 2017 03:43am EDT 

Sept 25 (Reuters) - Tokai Tokyo Financial Holdings Inc <8616.T>:Says co acquires shares of Tokyo-based firm PINNACLE,Inc, which is mainly engaged in M&A advisory business, cross-border advisory, restructuring advisory and consulting.Says co holds 61.6 percent voting power in PINNACLE.  Full Article

Tokai Tokyo Financial Holdings says business alliance with Bao Viet Securities Joint Stock Company
Monday, 18 Sep 2017 09:31pm EDT 

Sept 19 (Reuters) - Tokai Tokyo Financial Holdings Inc <8616.T>:* Says it signed memorandum with Bao Viet Securities Joint Stock Company on Sept. 18.* Says two entities will mainly cooperate on investment banking, securities trading and information sharing related business .  Full Article

SYS Holdings confirms to issue 45,000 shares to Tokai Tokyo Securities
Monday, 24 Jul 2017 03:20am EDT 

July 24 (Reuters) - SYS Holdings Co Ltd <3988.T>:* Says it receives a notice from Tokai Tokyo Securities Co., Ltd, confirming share subscription .* Says it will issue 45,000 new shares to Tokai Tokyo Securities Co., Ltd.* Says Tokai Tokyo Securities will pay 106 million yen .* Subscription date on July 26 and payment date on July 27.* The proceeds will be used for investment .  Full Article

Tokai Tokyo Financial Holdings acquires shares of GUOTAI JUNAN SECURITIES for $10 mln
Tuesday, 11 Apr 2017 03:34am EDT 

Tokai Tokyo Financial Holdings Inc <8616.T> :Says it acquired shares of GUOTAI JUNAN SECURITIES <2611.HK> for $10 million, in Hong Kong stock exchange.  Full Article

Tokai Tokyo Financial Holdings to fully acquire insurance agency
Friday, 10 Mar 2017 01:30am EST 

Tokai Tokyo Financial Holdings Inc <8616.T> :Says it plans to fully acquire Tokyo-based insurance agency (Eternal) on March 15.  Full Article

Tokai Tokyo Financial Holdings offers ToB for shares in Takagi Securities at 270 yen per share
Monday, 20 Feb 2017 01:53am EST 

Tokai Tokyo Financial Holdings Inc <8616.T> : The company is offering a takeover bid for 58,820,751 shares (or no less than 23,318,090 shares) of Takagi Securities Co Ltd <8625.T>'s stock, at the price of 270 yen per share . Co will hold 100 percent stake in Takagi Securities(58,820 voting rights), up from 0 percent . Total acquisition amount is 15.88 billion yen for 58,820,751 shares . Say the offering period from Feb. 21 to April 4 . Settlement date is April 11 . Along with the result of ToB, Takagi Securities has the possibility of delisting from TSE .Nomura Holdings Inc<8604.T> 's wholly owned unit plans to sell entire 17.1 million shares holding in Takagi Securities to Tokai Tokyo Financial Holdings.  Full Article

Tokai Tokyo Financial Holdings to sell part of stake in securities unit to Tochigi Bank
Friday, 27 Jan 2017 02:23am EST 

Tokai Tokyo Financial Holdings Inc <8616.T>: Says the co plans to sell part of stake in its Tochigi-based securities unit to Tochigi Bank Ltd <8550.T> . Says the co and Tochigi Bank Ltd will hold 40 percent and 60 percent stake in the securities firm respectively, after the selling .Says the business of the securities firm to start on April. 3.  Full Article

Tokai Tokyo Financial Holdings buys 1.5 mln shares back for 758.2 mln yen in Sep.
Sunday, 2 Oct 2016 09:36pm EDT 

Tokai Tokyo Financial Holdings <8616.T>: Says it repurchased 1.5 million shares for 758.2 million yen in total from Sep. 1 to Sep. 31 . Says this was part of the share repurchase plan announced on Feb. 22 .Says accumulatively repurchased 3.5 million shares for 1.69 billion yen in total as of Sep. 31.  Full Article

BRIEF- Tokai Tokyo Financial Holdings to retire treasury shares

* Says it will retire 10 million shares (3.6 percent of outstanding) of its common stock on Nov. 10