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Avex Inc (7860.T)

7860.T on Tokyo Stock Exchange

1,522JPY
22 Nov 2017
Change (% chg)

¥-2 (-0.13%)
Prev Close
¥1,524
Open
¥1,527
Day's High
¥1,546
Day's Low
¥1,513
Volume
224,900
Avg. Vol
208,008
52-wk High
¥1,823
52-wk Low
¥1,413

Latest Key Developments (Source: Significant Developments)

Avex Group Holdings to set up unit AVEX TRAVEL CREATIVE INC in Tokyo
Friday, 10 Jun 2016 

Avex Group Holdings <7860.T>:Says it will set up a wholly owned unit AVEX TRAVEL CREATIVE INC in Tokyo, on June 10.  Full Article

Avex Group Holdings to set up units in US
Tuesday, 7 Jun 2016 

Avex Group Holdings Inc <7860.T> : Says it plans to set up a wholly owned subsidiary Avex International Holding Corporation in US as the interim holding company to manage business companies .Says it plans to set up a second-tier subsidiary Avex International Inc. wholly owned by Avex International Holding Corporation in US to be engaged in all-round business relating to entertainment.  Full Article

Avex Group Holdings subsidiary to set up new joint venture with Yahoo Japan Corp
Wednesday, 11 May 2016 

Avex Group Holdings Inc <7860.T> : Says its wholly owned subsidiary will establish a new joint venture with Yahoo Japan Corp <4689.T> . Says the new joint venture will be engaged in the ticket sales service business in Tokyo, Japan . Says the new joint venture will be capitalized at 490 million yen in all . Says the subsidiary and Yahoo Japan Corp will hold 49 percentage and 51 percentage stakes in the joint venture, respectively .Says effective date May 16.  Full Article

Avex Group Holdings announces resignation of CFO
Wednesday, 11 May 2016 

Avex Group Holdings Inc <7860.T>: Says Shigekazu Takeuchi will resign from the position of Chief Financial Officer .Says effective date June 24.  Full Article

AVEX GROUP HOLDINGS subsidiary to fully acquire 60 pct owned sub-subsidiary and expects extraordinary profit for FY 2016
Monday, 28 Mar 2016 

AVEX GROUP HOLDINGS INC:Says its wholly owned subsidiary will purchase 2,600 additional shares of a sub-subsidiary, which has been engaged in music and film distribution business in Tokyo, Japan.Effective date March 31.After the transaction, the subsidiary will hold 100 pct stake (6,500 shares) in the sub-subsidiary, up from 60 pct (3,900 shares).Expects to record 2 billion yen contract cancellation money as extraordinary profit for the fiscal year ending March 2016.  Full Article

AVEX GROUP HOLDINGS raises consolidated full-year outlook for FY 2016
Monday, 28 Mar 2016 

AVEX GROUP HOLDINGS INC:Says the company increased the consolidated full-year outlook for revenue to 154,000 million yen from 151,000 million yen for the fiscal year ending March 31, 2016.Operating profit forecast increased to 6,800 million yen from 4,200 million yen.Ordinary profit forecast increased to 5,500 million yen from 2,700 million yen.Net profit forecast increased to 4,200 million yen from 600 million yen.Earnings per share increased to 97.72 yen from 13.97 yen.Comments that recording of extraordinary profit and increased sales of main business are the main reasons for the forecast.  Full Article

BRIEF-Avex Group Holdings to change name to Avex Inc

* Says it plans to change company name to Avex Inc, on Nov. 1