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I K Co Ltd

2722.T

Latest Trade

788.00JPY

Change

100.00(+14.53%)

Volume

69,900

Today's Range

788.00

 - 

788.00

52 Week Range

375.00

 - 

979.00

As of on the Tokyo Stock Exchange ∙ Minimum 15 minute delay

Latest Developments

I K to acquire all shares of GRACEAS through stock swap

April 20(Reuters) - I K Co Ltd <2722.T>:Says it plans to acquire all shares of GRACEAS Corporation through stock swap.Says one share of GRACEAS will be exchanged for 12.35 shares of the company (24,700 shares in total), effective May 16.

I K says upgrade of stock listing

Feb 15 (Reuters) - I K Co Ltd <2722.T>:Says it was listed on the Tokyo Stock Exchange (TSE) Second Section and the Nagoya Stock Exchange Second Section, from TSE Jasdaq, on Feb. 15 .

I K says upgrade of stock listing

Feb 8 (Reuters) - I K Co Ltd <2722.T>:Says it will be listed on the Tokyo Stock Exchange (TSE) Second Section from TSE JASDAQ and its stock began listing on Nagoya Stock Exchange Second Section .Effective Feb. 15 .

I K unit to set up cosmetics JV in Shanghai

Oct 6 (Reuters) - I K Co Ltd <2722.T>:Says co's unit I.K Trading Company Limited will set up a Shanghai-based JV in middle November.Says the JV will be capitalized at $500,000 (about 56 million yen).Says the JV will be mainly engaged in sales of cosmetics.

I K to set up unit I.K Trading in Hong Kong

Aug 1(Reuters) - I K Co Ltd <2722.T>:Says it will set up a wholly owned unit I.K Trading Company Limited, which will be mainly engaged in cosmetics sales, in August, in Hong Kong.Says the unit will be capitalized at HK$1 million (about 15 million yen) .

I K to buy Japan-based firm for 20 mln yen

I K Co Ltd <2722.T>: Says it to buy its 33.3 percent owned Japan-based firm for 20 million yen . Says the target firm is engaged in sale, import and export of music peripheral equipment and music related products .Says transaction effective date Nov. 25.

Ik raises year-end dividend forecast for FY 2016

Ik Co Ltd:Says it raised the year-end dividend forecast to 20 yen per share from 18 yen per share for the FY ending May 2016.

Ik raises consolidated mid-year outlook for FY 2016

Ik Co Ltd:Says the company increased the consolidated mid-year outlook for revenue to 6,733 mln yen from 6,500 mln yen, for the fiscal year ending May 2016.Operating profit forecast increased to 49 mln yen from a loss of 50 mln yen.Ordinary profit forecast increased to 43 mln yen from a loss of 40 mln yen.Net profit forecast increased to a loss of 3 mln yen from a loss of 50 mln yen.Earnings per share increased to a loss of 1.69 yen from a loss of 26.84 yen.Comments increased sales in core business and increased gross margin rate as main reasons for the forecast.

Ik announces change of chairman, president and CEO

Ik Co Ltd:Appoints current president Hiroshi Iida as chairman and chief executive officer (CEO).Appoints Shogo Nagano as president.Effective Aug. 20.

Ik lowers consolidated mid-year and full year outlook for FY 2015

Ik Co Ltd:Says the company lowered the consolidated mid-year outlook for revenue to 5,590 million yen from 5,920 million yen for FY ending May 2015.Sees a decrease of operating profit forecast to a loss of 77 million yen from 40 million yen.Sees a decrease of ordinary profit forecast to a loss of 78 million yen from 40 million yen.Sees a decrease of net profit forecast to a loss of 97 million yen from 15 million yen.Sees a decrease of earnings per share to a loss of 53.64 yen from 8.43 yen.Says the company lowered the consolidated full-year outlook for revenue to 12,100 million yen from 12,460 million yen for FY ending May 2015.Sees a decrease of operating profit forecast to 120 million yen from 250 million yen.Sees a decrease of ordinary profit forecast to 120 million yen from 250 million yen.Sees a decrease of net profit forecast to 25 million yen from 130 million yen.Sees a decrease of earnings per share to 13.59 yen from 73.07 yen.Comments the increased consumption tax, decreased gross profit and impairment of fixed asset are the main reasons for the forecast.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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