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Colowide Co Ltd (7616.T)

7616.T on Tokyo Stock Exchange

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

Atom to merge with wholly owned liquor sales unit
Wednesday, 1 Nov 2017 

Nov 1(Reuters) - Atom Corp <7412.T>:Says it plans to merge with a wholly owned liquor sales unit.Merger effective Dec. 31.Says the unit will be dissolved after the merger .  Full Article

Atom sells Utsunomiya-based property
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Atom Corp <7412.T>:Says it sold Utsunomiya-based property on Sept. 28, with gain of 528 million yen from selling the property .  Full Article

Kappa Create changes president
Monday, 27 Feb 2017 

Kappa Create Co Ltd <7421.T> :Says it appoints Kenichi Ohno as new president to replace Yutaka Yomoda, effective on April 1.  Full Article

Colowide unit to set up new holding unit in US
Friday, 25 Nov 2016 

Colowide Co Ltd <7616.T>: Says its unit plans to set up new unit in the U.S., named AME-GYU CO., Ltd., to hold shares of target companies and to undertake the operation management . Says the new unit to be capitalized at $40 million .Says related release disclosed on Nov. 25.  Full Article

Colowide subsidiary to fully acquire Reins International (USA) Co Ltd for $87 mln
Friday, 25 Nov 2016 

Colowide Co Ltd <7616.T>: Says its subsidiary, REINS international inc., will purchase 13,500,000 shares of Reins International (USA) Co Ltd, which has been engaged in the operation of barbecue restaurant in North America . Says transaction amount will be $87 million . Effective date Dec. 16 .Says REINS international will hold 100 percent stake in Reins International (USA), up from 0.  Full Article

Colowide unit to fully buy burger chain firm
Friday, 14 Oct 2016 

Colowide Co Ltd <7616.T>: Says its unit plans to buy 100 percent stake in a Tokyo-based burger chain firm from FRESHNESS, CO., LTD(the co's name to be changed on Nov. 1) . Says the acquisition price is not disclosed .Says the acquisition effective on Dec. 1.  Full Article

Colowide Co Ltd to acquire hamburger chain 'Freshness'- Nikkei
Thursday, 13 Oct 2016 

Colowide Co Ltd : Colowide Co Ltd's deal to acquire hamburger chain 'Freshness' would close Dec 1 - nikkei . Colowide Co Ltd plans to acquire hamburger chain 'freshness'- nikkei .Colowide Co Ltd intends to purchase all outstanding shares in Freshness from Unimat group through subsidiary Reins International - nikkei.  Full Article

Colowide lowers consolidated full-year outlook for FY 2016
Wednesday, 27 Apr 2016 

Colowide Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 234,138 million yen from 248,817 million yen for the fiscal year ended March 31, 2016.Sees a decrease of operating profit forecast to 6,354 million yen from 7,881 million yen.Sees a decrease of ordinary profit forecast to 5,051 million yen from 6,050 million yen.Sees a decrease of net profit forecast to 330 million yen from 706 million yen.Sees a decrease of earnings per share to 1.59 yen from 6.60 yen.Comments that the recording of impairment loss as extraordinary loss is the main reason for the forecast.  Full Article