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Trust Tech Inc (2154.T)

2154.T on Tokyo Stock Exchange

3,650JPY
22 Nov 2017
Change (% chg)

¥100 (+2.82%)
Prev Close
¥3,550
Open
¥3,600
Day's High
¥3,670
Day's Low
¥3,565
Volume
90,900
Avg. Vol
105,623
52-wk High
¥3,720
52-wk Low
¥1,445

Latest Key Developments (Source: Significant Developments)

Trust Tech to offer off-floor distribution of shares
Friday, 17 Nov 2017 

Nov 17 (Reuters) - Trust Tech Inc <2154.T>:Says it will offer an off-floor distribution of 500,000 shares on Tokyo Stock Exchange between Dec. 6 and Dec. 8.Offering price will be determined based on the closing share price of the day before the distribution.Says the limitation for distribution is up to 5,000 shares for each customer.  Full Article

Trust Tech to acquire 75 pct voting power in 1998 Holdings for about 2.61 bln yen to 3.25 bln yen
Wednesday, 15 Nov 2017 

Nov 15(Reuters) - Trust Tech Inc <2154.T>:Says it plans to acquire 75 percent voting power in UK-based human resource service related company 1998 Holdings Limited for about 2.61 billion yen to 3.25 billion yen .Transaction date on Dec. 1.Says it will take out loans of 2 billion yen in total to fund the acquisition .  Full Article

Trust Tech to acquire 75 pct stake in 1998 Holdings
Friday, 20 Oct 2017 

Oct 20 (Reuters) - Trust Tech Inc <2154.T>:Says it plans to acquire 75 percent stake (443,813 shares) in 1998 Holdings Limited in November or December.Says 1998 Holdings Limited holds Gap Personnel Holdings Limited, which is mainly engaged in human resource service related business .Says acquisition price will be decided later .  Full Article

Trust Tech to transfer partial dispatching and outsourcing business to unit
Friday, 20 Oct 2017 

Oct 20 (Reuters) - Trust Tech Inc <2154.T>:Says co plans to transfer dispatching and outsourcing business in IT and software area to co's wholly owned unit FUSIONi Co., Ltd. on Jan. 1, 2018.  Full Article

Trust Tech to set up human resources jv in China
Friday, 19 Aug 2016 

Trust Tech Inc <2154.T>: Says it to set up a human resources jv in China with a China-based firm, on Oct. 15 .Says the jv to be capitalized at 3 million yuan and the co to hold 49 percent stake in it.  Full Article

Trust Tech's Hong Kong unit plans subsidiary in Shanghai
Friday, 5 Aug 2016 

Trust Tech Inc <2154.T> :Says its Hong Kong-based unit plans to set up a local subsidiary in Shanghai, named as Trust Tech Human Business Consulting Shanghai Inc., which to be engaged in personnel placement business.  Full Article

Trust Tech to buy shares of MTrec for 1,640 to 2,529 mln yen and to take out loan of 1,500 mln yen
Friday, 5 Aug 2016 

Trust Tech Inc <2154.T>: Says it to acquire 1,700 shares (85 percent voting rights) of UK-based co MTrec Limited at price of about 1,640 to 2,529 million yen (including expense), from Robin Armstrong and David Musgrave . Says the transaction effective date is Aug. 30 .Says it to take out loan of 1,500 million yen on Aug. 29 and the loan with maturity date on Feb. 28, 2017.  Full Article

Trust Tech to merge unit TRUST IDEAL inc.
Friday, 15 Jul 2016 

Trust Tech Inc <2154.T>: Says it will merge a wholly owned unit TRUST IDEAL inc., which is engaged in technical personnel dispatching service, on Oct. 1 .Says the unit will be dissloved after the merger.  Full Article

Trust Tech raises consolidated full-year outlook for FY 2016; to issue mid-year dividend for FY 2016; revises year-end dividend forecast for FY 2016
Friday, 12 Feb 2016 

Trust Tech Inc:Says the company increased the consolidated full-year outlook for revenue to 30,000 million yen from 28,500 million yen for FY ending June 2016.Operating profit forecast increased to 2,500 million yen from 2,300 million yen.Ordinary profit forecast increased to 2,500 million yen from 2,300 million yen.Net profit forecast increased to 1,500 million yen from 1,450 million yen.Earnings per share increased to 77.69 yen from 75.10 yen.Comments the sales increase is the main reason for the forecast.To issue a mid-year dividend of 30 yen per share to all the shareholders of record as of Dec. 31, 2015, for FY ending June 2016.Payment date March 4.Says latest dividend forecast was 30 yen per share.Revised year-end dividend forecast to 25 yen per share from 45 yen per share for FY ending June 2016 due to stock split.  Full Article