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Warabeya Nichiyo Holdings Co Ltd (2918.T)

2918.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

WARABEYA NICHIYO announces transition to holding company structure
Wednesday, 13 Apr 2016 

WARABEYA NICHIYO CO LTD:To restructure the company into a holding company, effective Sep. 1.To transfer all business except subsidiary management business to an Osaka-based subsidiary.  Full Article

WARABEYA NICHIYO subsidiary to invest in Prime Deli Corporation
Wednesday, 13 Apr 2016 

WARABEYA NICHIYO CO LTD:Subsidiary WARABEYA USA, Inc. to set up a new subsidiary in Delaware.The new subsidiary to invest $860,000 in Prime Deli Corporation to acquire 19.3 pct stake in Prime Deli Corporation.  Full Article

WARABEYA NICHIYO amends consolidated full-year outlook for FY 2016
Friday, 1 Apr 2016 

WARABEYA NICHIYO CO LTD:Says the company amended the consolidated full-year outlook for the FY ending March 2016.Revenue forecast revised to 209,000 million yen from 211,500 million yen.Operating profit forecast revised to 3,080 million yen from 2,900 million yen.Ordinary profit forecast revised to 3,330 million yen from 3,200 million yen.Net profit forecast revised to 1,420 million yen from 2,050 million yen.Earnings per share revised to 80.84 yen from 116.7 yen.Comments that extraordinary loss of impairment loss is the main reason for the forecast.  Full Article

BRIEF-Warabeya Nichiyo Holdings unit to fully acquire Prime Deli for $7.4 mln

* Says its unit WPM FOODS, LLC, which is 70 percent owned by the company's wholly owned unit WARABEYA U.S.A., INC., will fully acquire a 19.3 percent owned U.S.-based firm Prime Deli Corporation, for $7.4 million