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Tama Home Co Ltd (1419.T)

1419.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Tama Home lowers consolidated full-year outlook for FY 2016
Thursday, 14 Apr 2016 

Tama Home Co Ltd:Says the company lowered the consolidated full-year outlook for the FY ending May 2016.Revenue forecast decreased to 137,700 million yen from 153,700 million yen.Operating profit forecast decreased to 1,000 million yen from 2,800 million yen.Ordinary profit forecast decreased to 300 million yen from 2,800 million yen.Net profit forecast decreased to a loss of 800 million yen from 1,000 million yen.Earnings per share decreased to a loss of 26.62 yen from 33.27 yen.Comments that delay of sales and impact of exchange rate are the main reasons for the forecast.  Full Article

Tama Home announces outcome of takeover bid offered by Tokyo-based company
Thursday, 10 Dec 2015 

Tama Home Co Ltd:Says Tokyo-based company TAMAX offered takeover bid to acquire 9,506,700 shares of the company during the period from Nov. 11 to Dec. 9.Acquisition price at 430 yen per share.Settlement starts on Dec. 15.Says the Tokyo-based company will hold 31.63 pct voting rights in the company after the transaction, up from 0 pct.Says an individual's voting rights in the company to decrease to 9.17 pct from 35.57 pct.  Full Article