DDS Inc (3782.T)
21 Nov 2017
Latest Key Developments (Source: Significant Developments)
DDS Inc:To sell a Nagoya-based property (land and building) for an undisclosed price on March 31.Says it expects an extraordinary profit of 8 mln yen recorded as gain on sale of property for Q1 of fiscal year ending Dec. 2016. Full Article
DDS Inc:Says the company lowered the consolidated full-year outlook for the FY ending Dec. 2015.Revenue forecast decreased to 605 million yen from 805 million yen.Operating profit forecast decreased to a loss of 548 million yen from a loss of 452 million yen.Ordinary profit forecast decreased to a loss of 500 million yen from a loss of 388 million yen.Net profit forecast decreased to a loss of 538 million yen from a loss of 366 million yen.Comments that delay of delivery, operating loss, ordinary loss and impairment loss of fixed assets are the main reasons for the forecast. Full Article
* Says it signed a technology license agreement with Nok Nok Labs,Inc.