Aug 23 (Reuters) - EM Systems Co Ltd <4820.T>::EM SYSTEMS CO LTD: BOUGHT BACK 53,400 OWN SHARES WORTH 57.1 MILLION YEN BETWEEN AUG 1-22.
Aug 1 (Reuters) - EM Systems Co Ltd <4820.T>::BOUGHT BACK 71,600 OWN SHARES WORTH 73,272,400 YEN IN JULY.
Medical System Network Co Ltd:Says will not cooperate on development and sales of new products with EM SYSTEMS and still cooperate on mutual introduction of products, medical efficiency, improve convenience of patient by using Electronic Health Record that disclosed on April 28, 2015.To dissolve and liquidate jv named ME-DEX that established with EM SYSTEMS on Sep. 1, 2015 with establishment release disclosed on Aug. 20, 2015.
EM SYSTEMS CO LTD:Says the company increased the consolidated mid-year outlook for revenue to 6,198 million yen from 5,865 million yen for FY ending March 2016.Operating profit forecast increased to 653 million yen from 494 million yen.Ordinary profit forecast increased to 920 million yen from 739 million yen.Net profit attributable to parent company's shareholders forecast increased to 774 million yen from 623 million yen.Earnings per share increased to 89.10 yen from 71.69 yen.Comments the sales increase and costs reduction are the main reasons for the forecast.
Medical System Network Co Ltd:To establish joint venture in Tokyo, with EM SYSTEMS CO LTD on Sep. 1.The joint venture will be engaged in operating and management of dead stock exchange service.Says Medical System Network and EM SYSTEMS will hold a 65.0 pct stake and a 35.0 pct stake in the new joint venture respectively.
EM SYSTEMS CO LTD:To postpone transition to holding company structure to Oct. 1 from early July.
EM SYSTEMS CO LTD:Appoints Kozo Kunimitsu as chairman of the board and CEO (chief executive officer) of the company, who is president of the company currently.Appoints Kenji Ohishi as new president.Changes effective on Oct. 1.
EM SYSTEMS CO LTD:To change company name to EM HOLDINGS CO., LTD. and effective Oct. 1.
EM SYSTEMS CO LTD:Says the company lowered the consolidated full-year outlook for the FY ended March 2015.Revenue forecast decreased to 11,257 million yen from 12,096 million yen.Operating profit forecast decreased to 1,232 million yen from 1,673 million yen.Ordinary profit forecast decreased to 1,702 million yen from 2,200 million yen.Net profit forecast decreased to 965 million yen from 1,410 million yen.Earnings per share decreased to 119.65 yen from 176.13 yen.FY 2015 revenues of 12.60 billion yen, net income of 1.45 billion yen – Thomson Reuters I/B/E/S.Comments that revision of the dispensing fee and effects of increased consumption tax are the main reasons for the forecast.
Medical System Network Co Ltd:Announced business alliance with EM SYSTEMS.To cooperate on development and sales of new products, mutual introduction of products and product, medical efficiency, improve convenience of the patient by using Electronic Health Record.