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Drecom Co Ltd (3793.T)

3793.T on Tokyo Stock Exchange

16 Mar 2018
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Latest Key Developments (Source: Significant Developments)

Drecom signs syndicated loan contract for 2.5 bln yen
Thursday, 27 Jul 2017 

July 27 (Reuters) - Drecom Co Ltd <3793.T>:* Says it signs a syndicated loan contract for 2.5 billion yen, with Sumitomo Mitsui Banking Corporation as agent, on July 27 .* Says the valid period is from July 31 to July 31, 2019.* Proceeds will be used to develop new IP games .  Full Article

Bandai Namco Holdings unit to establish joint venture with Drecom
Friday, 19 May 2017 

May 19(Reuters) - Bandai Namco Holdings Inc <7832.T>:Says its unit BANDAI NAMCO Entertainment Inc. plans to establish a joint venture in Tokyo with Drecom Co Ltd <<<3793.T>>> , on Aug. 3.Says this joint venture will be mainly engaged in development and operation of platform, and will be capitalized at 247.5 million yen.Says BANDAI NAMCO Entertainment and Drecom will hold a 51 percent stake and a 49 percent stake in the joint venture respectively.  Full Article

Drecom updates new share issuance
Friday, 10 Mar 2017 

Drecom Co Ltd <3793.T>: Updates that it will issue 42,000 new shares at 2,092.5 yen per share via private placement .Says it will raise 87.9 million yen in total.  Full Article

Drecom issues 428,000 new shares through private placement and public offering
Wednesday, 1 Mar 2017 

Drecom Co Ltd <3793.T>: Says it has issued 91,000 news shares to Rakuten Inc <4755.T> through private placement on March 1 . Says issue price was 2,232 yen per share or 203.1 million yen in all . Says it has issued 337,000 news shares through public offering on March 1 .After the issuance, the total outstanding of shares became 14,329,000.  Full Article

Drecom to sell 100 pct stake in unit
Tuesday, 4 Oct 2016 

Drecom <3793.T>: Says it will sell 100 percent stake in its wholly owned subsidiary Grimoire Co., Ltd. to Happy Elements K.K on Oct. 31 .Says the price is not decided.  Full Article

Drecom raises consolidated full-year outlook for FY 2016
Wednesday, 27 Apr 2016 

Drecom Co Ltd:Says the company increased the consolidated full-year outlook for revenue to 6,534 million yen from 6,500 million yen for FY ended March 2016.Operating profit forecast increased to -210 million yen from -300 million yen.Ordinary profit forecast increased to -220 million yen from -300 million yen.Net profit forecast increased to -545 million yen from -650 million yen.Earnings per share increased to -39.9 yen from -47.59 yen.Comments the sales increase and costs reduction are the main reasons for the forecast.  Full Article