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Oct 19(Reuters) - Shinnihon Corp <1879.T>:Says it plans to sell all 70 percent stake in a China-based real estate development firm for 100,000 yuan .Transaction date in late October .
Shinnihon Corp <1879.T> :Says it appoints YUSEI AUDIT & Co as new corporate auditor, to replace KPMG AZSA LLC, effective June 29.
SHINNIHON CORP:Securities and Exchange Surveillance Commission (SESC) announced surcharge payment order for fine of 18 mln yen to the company on March 29, regarding correction of financial statements.
SHINNIHON CORP:Says the company increased the consolidated full-year outlook for revenue to 77,000 million yen from 73,000 million yen for FY ending March 2016.Operating profit forecast increased to 10,200 million yen from 7,600 million yen.Ordinary profit forecast increased to 10,000 million yen from 7,200 million yen.Net profit attributable to parent company's shareholders forecast increased to 6,500 million yen from 4,500 million yen.Earnings per share increased to 111.18 yen from 76.97 yen.Comments the sales increase and sale of assets are the main reasons for the forecast.
SHINNIHON CORP:To issue a mid-year dividend of 4 yen per share to all the shareholders of record as of Sep. 30, for the fiscal year ending March 2016.Payment date Dec. 4.Says the dividend amount is in line with the latest forecast.
SHINNIHON CORP:To issue a year-end dividend of 5 yen per share to all the shareholders of record as of March 31, for FY ended March 2015.Payment date June 29.Says latest dividend forecast was 5 yen per share.
SHINNIHON CORP:Says it raised the year-end dividend forecast to 5 yen per share from 4 yen per share for the FY ended March 2015.
SHINNIHON CORP:Announced submission of correction report of securities reports for prior periods including annual and quarterly report from FY 2009 to FY 2014.
SHINNIHON CORP:Received report from external investigation committee regarding adequacy of valuation of real estate in account book for inventories and fixed assets.Says planned to submit correction securities reports on May 20.
SHINNIHON CORP:Says the company amended the consolidated full-year outlook for the FY ended March 2015.Confirmed the revenue at 70,000 million yen.Operating profit forecast increased to 8,600 million yen from 5,200 million yen.Ordinary profit forecast increased to 8,500 million yen from 5,100 million yen.Net profit forecast increased to 5,200 million yen from 3,200 million yen.Earnings per share forecast increased to 88.94 yen from 54.74 yen.FY 2015 revenues of 70.00 billion yen, net income of 3.45 billion yen – Thomson Reuters I/B/E/S.Comments that re-evaluation of inventory assets is the main reason for the forecast.
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