May 9 (Reuters) - TDC Software Engineering Inc <4687.T>:* Says it will change name to TDC SOFT Inc..* Effective Oct.1.
TDC SOFTWARE ENGINEERING Inc:To acquire 200 shares of MYSOFT CO., LTD from individuals on March 31.MYSOFT CO., LTD will become a subsidiary of the company after acquisition.
TDC SOFTWARE ENGINEERING Inc:Raised year-end dividend forecast to 40 yen per share from 28 yen per share for FY ending March 2016.
TDC SOFTWARE ENGINEERING Inc:Says the company reaffirmed the consolidated mid-year outlook for revenue at 9,700 mln yen for the fiscal year ending March 2016.Operating profit forecast increased to 660 mln yen from 460 mln yen.Ordinary profit forecast increased to 670 mln yen from 460 mln yen.Net profit forecast increased to 400 mln yen from 275 mln yen.Earnings per share increased to 66.42 yen from 45.66 yen.Says profit outlook raised due to cost reduction.
TDC SOFTWARE ENGINEERING Inc:Says it issued the consolidated mid-year outlook for revenue at 9,700 million yen for the fiscal year ending March 31, 2016.Operating profit of 460 million yen.Ordinary profit of 460 million yen.Net profit of 275 million yen.Says earning per share outlook at 45.66 yen.Says it issued the consolidated full-year outlook for revenue at 21,000 million yen for the fiscal year ending March 31, 2016.Operating profit of 1,300 million yen.Ordinary profit of 1,300 million yen.Net profit of 780 million yen.Says earning per share outlook at 129.51 yen.
TDC SOFTWARE ENGINEERING Inc:Raised year-end dividend forecast to 28 yen per share from 25 yen per share for FY ending March 2015.
TDC SOFTWARE ENGINEERING Inc announced that it will record a JPY 118 million extraordinary loss on the leasing agreement cancellation, for the fiscal year ended March 2013. In addition, the Company has lowered its consolidated full-year outlook for revenue from JPY 18,000 million to JPY 17,050 million, operating profit from JPY 1,000 million to JPY 710 million, ordinary profit from JPY 1,000 million to JPY 750 million, net profit from JPY 550 million to JPY 320 million and earning per share from JPY 91.93 to JPY 53.14, for the fiscal year ended March 2013. The Company lowered the outlook due to the main office moving cost and the record of extraordinary loss, among others.
TDC SOFTWARE ENGINEERING Inc announced that it has decided to sell 120,600 shares of its common stock for JPY 746 per share or JPY 89,967,600 in total to a trust account through a private placement, effective December 3, 2012.
TDC Software Engineering Inc. announced that it has decided to change its company name into TDC SOFTWARE ENGINEERING Inc., effective July 1, 2012, subjected to the shareholders approval during the shareholders meeting on June 28, 2012.
TDC Software Engineering Inc. announced its concern of uncollectible receivables in the amount of JPY 100 million corporate bonds from Elpida Memory, Inc, which is engaged in development, sale, design, manufacturing and maintenance of semiconductor device and integrated-circuit parts in Tokyo, Japan. This is because Elpida Memory applied for corporate reorganization procedures on February 27, 2012. Therefore, the Company expects to record JPY 100 million loss on uncollectible receivables of corporate bonds as extraordinary loss for the fiscal year ending March 2012.