Restaurants & Bars
SHiDAX CORP:Says the company lowered the consolidated full-year outlook for revenue to 158,100 mln yen from 167,000 mln yen for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to a loss of 700 mln yen from 2,500 mln yen.Sees a decrease of ordinary profit forecast to a loss of 1,200 mln yen from 1,780 mln yen.Sees a decrease of net profit forecast to a loss of 1,500 mln yen from 600 mln yen.Sees a decrease of earnings per share to a loss of 38.48 yen from 15.39 yen.
Chimney Co Ltd:To change its fiscal year end date to March 31 each year from Dec. 31 each year.Its 9th fiscal year will be from Jan. 1, 2016 to March 31, 2017.
ARCLAND SERVICE CO LTD:Appoints Kenichiro Usui who is current Chairman of the Board, Chief Executive Officer (CEO), as new president of the co to replace Hisashi Ito, effective on July 1.
Kaihan Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 5,925 mln yen from 6,521 mln yen for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to 102 mln yen from 276 mln yen.Sees a decrease of ordinary profit forecast to 114 mln yen from 278 mln yen.Sees a decrease of net profit forecast to 55 mln yen from 156 mln yen.Sees a decrease of earnings per share to 31.34 yen from 88.84 yen.Comments the delay of new stores as the main reason for the forecast.
WATAMI CO LTD:Says it expects an extraordinary profit of 15,126 mln yen recorded as gain on sale of equities in unit for Q3 of fiscal year ending March 2016.
Skylark Co Ltd:To issue a year-end dividend of 21.2 yen per share to all the shareholders of record as of Dec. 31, 2015, for the fiscal year ended Dec. 31, 2015.Payment date March 16.Says the dividend is above latest forecast of 18.2 yen per share.
WDI Corp:Says the company increased the consolidated full-year outlook for revenue to 27,500 mln yen from 27,000 mln yen, for the fiscal year ending March 31, 2016.Operating profit forecast increased to 1,350 mln yen from 1,000 mln yen.Ordinary profit forecast increased to 1,300 mln yen from 900 mln yen.Net profit forecast increased to 250 mln yen from 150 mln yen.Earnings per share increased to 39.49 yen from 23.69 yen.
The Wendy'S Co:Expects FY 2016 adjusted earnings per share of $0.35 to $0.37, with adjusted EBITDA down 2 percent to flat, due primarily to the timing of the 327 company-operated restaurants sold during 2015.Expects FY 2016 same-restaurant sales growth of about 3 percent for North America system.Expects adjusted earnings per share growth in high teens in FY 2017 and adjusted earnings per share growth of greater than 20 percent beginning in FY 2018.Expects adjusted EBITDA to be about flat in FY 2017 due to the impact of the anticipated sale of about 315 company-operated restaurants during FY 2016.Expects adjusted EBITDA to increase about 10 percent during FY 2018.
Asrapport Dining Co Ltd:Appoints Shusaku Higaki who is the current president of the co, as new chairman of the board.Appoints Toshio Nakamura as new president to succeed Shusaku Higaki.Changes effective on Feb. 23.
Zensho Holdings Co Ltd:To fully acquire its Tokyo-based 54.96 pct owned unit (target company) through stock swap, with effective on March 17.One share of target company's stock will be exchanged with 0.035 share of the co's stock.1,040,445 shares of the co's stock will be exchanged.To hold a 100 pct stake in target company after the transaction.